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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 […]
Monaker Group adds new travel distributors to vacation rental inventory
Reading Time: 2 minutesUS: Travel tech company Monaker Group has added three new travel distributors to search and instantly book from its inventory of contracted vacation rental properties. It brings the total to five major distributors integrated with the Monaker Booking Engine (MBE), with 10 more currently engaged in the integration process. These global distributors include a hotel […]
West Hollywood-based firm AvantStay raises $5m in funding round
Reading Time: < 1 minuteUS: West Hollywood-based hospitality firm AvantStay, which provides short-term rentals to groups, has announced it received $5 million in a round by investment firm Bullpen Capital. It reportedly takes the company’s total funding to $6 million to date. New investors Cambridge, F-Prime Capital Partners and Zeno Ventures joined the round along with existing investors Abstract […]
Tech company Rentl launches program for real estate brokerages and agents
Reading Time: 2 minutesUS: Rentl, the tech-enabled short-term rental manager, has launched an end-to-end solution allowing real estate brokerages and their agents to set up rental programs under their own brand. Powered by Rentl will serve as a comprehensive backend solution, providing the necessary technology and operational infrastructure to service the brokerage’s listings. The program allows the agent […]
Veeve, Europe’s largest vacation rental management agency, launches in LA
Reading Time: 2 minutesLos Angeles: Veeve, the largest vacation rental management agency in Europe, has launched in Los Angeles, seven years after its founding in London. When Veeve was launched back in 2011, it provided a welcome market solution for the ever-growing demand in the luxury home sharing sector. Since then, the company has grown across the continent […]
RedAwning Collection brings in 20,000 European homes with Belvilla integration
Reading Time: 2 minutesEurope: RedAwning.com has announced it has fully integrated with Belvilla, a leading online specialist in European self-catering vacation rentals. The integration means that more than 20,000 homes in Austria, France, Spain, Italy and Portugal will be added to RedAwning’s collection of instantly bookable vacation properties, bringing the RedAwning Collection to 140,000 properties around the world. […]
Telephone hotline and online reporting platform created in Douglas County, Nevada
Reading Time: < 1 minuteUnited States: Douglas County in Nevada has launched a 24/7 telephone hotline and online reporting platform for neighbours to report issues with their vacation rentals. The new initiative is taking place in cooperation with Host Compliance LLC and will provide people with the opportunity to report violations and resolve disputes relating to vacation rentals in […]
Airbnb to collect vacation tax on properties in Bermuda for extra marketing
Reading Time: 2 minutesBermuda: The Bermuda tourism minister has revealed Airbnb will collect a 4.5 per cent tax on its properties in return for extra marketing. Jamahl Simmons said Airbnb would collect the vacation tax directly from guests when they book a break on the island and then forward the cash to the government. The money will be […]
Vacation Rentals celebrates 1,000th listing since May launch
Reading Time: 2 minutesMexico: Vacation Rentals has reached a notable milestone by gaining its 1,000th listing since their launch on 15 May, 2018. CEO and President Mike Kugler said the process seemed neverending as the company waited on number 999 for two days before finally achieving their target. He said: “We kept refreshing the admin panel to see […]