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Palm Beach holds off on reopening vacation rentals
Reading Time: 2 minutesUS: Though vacation rentals were set to reopen on the 15th of June, Florida’s Palm Beach County has paused measures due to rising Covid-19 moments. The state of Florida has seen a significant rise of coronavirus infections, recording 5,511 new cases this week, breaking previous records. The county had announced an end to the rental […]
Vacation Rentals backs down on no-refund policy after CMA probe
Reading Time: 3 minutesUK: Vacation rental site Vacation Rentals, which owns holiday lettings firms such as Hoseasons and Cottages.com, has reversed its decision not to offer refunds to all customers whose trips had been cancelled to the coronavirus outbreak, following an independent probe by industry watchdog The Competition and Markets Authority [CMA]. The CMA confirmed that Vacation Rentals […]
Hawaii vacation rentals report 5 per cent occupancy in April
Reading Time: 2 minutesUS: Vacation rentals in the destination state of Hawai’i reached only 5 per cent of total occupancy in the month of April. This represents a 68 per cent drop in total occupancy from last year. Covid-19 travel restrictions have created a global drop in travel demand which has led to record low visitor numbers for […]
UK vacation rental bookings spike 716 per cent between April and May
Reading Time: 2 minutesUK: Data from online booking platform eviivo has shown that bookings for vacation rentals between 1 April 2020 and 6 May 2020 are three times more than hotel bookings for the same period. Overall, there has been a three-fold increase (276 per cent) in the number of holiday bookings between April and May, with nearly 60 per […]
Rentals on Florida’s Space Coast active in spite of ban
Reading Time: 2 minutesUS: Though the state of Florida has currently implemented a ban on short-term rentals, many properties in Brevard counties are still available to rent. According to Florida Today, at least 300 rentals are still available on Airbnb’s site along the state’s Space Coast. Florida’s vacation rental community has been in turmoil since governor Ron DeSantis […]
Florida rental industry starts petition over continued lockdown ban
Reading Time: 2 minutesUS: Though Florida businesses are beginning to open under as the first wave of lockdown restrictions are lifted, no timeline has been made as to when the state’s many vacation rentals will be reopened. This angered those within the industry who complain of poor government planning as much larger hotels and resorts have been allowed […]
TurnKey Vacation Rentals facing class action lawsuit
Reading Time: 2 minutesUS: American property management firm TurnKey Vacation Rentals is facing a class action lawsuit due to its return policy in the light of the COVID-19 pandemic. The suit was filed in West Texas federal district court and is currently representing at least 50 renters. According to lead counsel Joe Sauder, the lawsuit’s intention is to […]
Your.Rentals releases 2020 Industry Report
Reading Time: 2 minutesWorldwide: Performance software provider Your.Rentals has released its first publication today. The report covers the rise of vacation rental managers in the past, as well as predicting either growth or stagnation in the future. The company conducted surveys with almost 500 property managers, who cover over 3000 properties worldwide. They asked questions of how they […]
OYO to plough investment into vacation rental business
Reading Time: < 1 minuteIndia: Indian hospitality startup OYO has revealed it will inject up to 300 million euros ($335.28 million) into its vacation rental home business to expand its increasing European footprint. In May, OYO acquired Amsterdam-based holiday rental company @Leisure, after which the hospitality chain rebranded as OYO Vacation Homes. In a statement, OYO said it now […]
Monaker Group properties rise to 2.6m units
Reading Time: 2 minutesUS: Technology-driven travel company Monaker Group says it has increased its available instantly-bookable vacation rental properties to more than 2.6 million units. It represents an 85 per cent increase in the number of properties that the company has contracted and loaded since Monaker released its next-generation Monaker Booking Engine (MBE) in July 2018. Monaker Group […]