Vacation rental revenues halved, $35b loss in 2020
Worldwide: According to data from StockApps, the revenue of the global vacation rental industry is expected to drop by $35
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vacation rental
Wataga Properties sues Lloyds for $180m
Canada: Calgary-based vacation rental property management firm Wataga Properties has brought a class-action lawsuit worth $180 million against Lloyds Underwriters
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Ballyglunin Park completes three-year restoration
Ireland: Historical Irish manor house Ballyglunin Park has announced the completion of its three-year restoration project. The owners are now
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OYO targets US vacation rental market
US: Indian hospitality unicorn OYO is attempting to expand its company towards the US vacation rental market. The group hopes
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Women only vacation rental platform Golightly has launched
Worldwide: New vacation rental service Golightly is providing a women only platform for rentals and renters. The company was inspired
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InvitedHome co-founders switch to Austin-based TurnKey Vacation Rentals
United States: The co-founders of luxury vacation rental provider InvitedHome, Michael Joseph and Tom Feldhusen, have left the company to
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Vacasa moves into Portland headquarters in preparation for IPO
Portland: Vacasa has moved into its recently-built 61,000-square-foot headquarters in Portland’s Pearl District, in preparation for a potential initial public
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LuxHomePro launches luxury short-term vacation rental education program
United States: LuxHomePro, a leader in short-term luxury vacation rental business training, has unveiled its Profit Formula professional education program.
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Apartment startup Stay Alfred raises $47 million to pursue U.S. expansion
United States: Stay Alfred, a startup that rents out apartments and turns them into short-term rentals, has raised $47 million to continue its expansion across the U.S.
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Government in the Bahamas urged to introduce vacation rental tax structure
Bahamas: A Family Island resort operator has urged the Bahamian government to ‘get a handle’ on the vacation rental industry
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