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OYO targets US vacation rental market
Reading Time: 2 minutesUS: Indian hospitality unicorn OYO is attempting to expand its company towards the US vacation rental market. The group hopes to take on a property management focused role, subleasing out properties on behalf of owners and operators. OYO, which specialises in managing budget hotels, currently operates around 50 homes in the US market so far. […]
LA ranks number one in US for short-term rentals
Reading Time: 1 minuteUS: According to research by real estate body CBRE, Los Angeles ranks highest in two core short-term rental statistics. The city was found to have both the highest ranks in number of short-term rentals on the market, as well as the highest ratio of rentals to traditional hotel supply. The information comes from a fourth […]
Airbnb activates Open Homes Program for US hurricane victims
Reading Time: < 1 minuteUS: Airbnb has activated its Open Homes Program to aid residents who have been evacuated due to Hurricane Florence, including relief workers providing on-the-ground assistance. In the event of major emergencies like Florence, Airbnb activates its host community through the Open Homes platform which allows residents who have been displaced – as well as emergency […]