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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 […]
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. […]