Airbnb hosts in London earned £23 million over festive period
London: Airbnb has announced Londoners earned £23 million renting out rooms through the home-sharing platform over the festive period. It said just over 100,000 people stayed in Airbnb properties between 22 December and 2 January, spending a collective total of £23 million, which is about £230 per person. Of the guest arrivals, 22 per cent […]
Tiny house builder Escape to provide “free” homes for Airbnb rentals
US: Wisconsin-based company Escape says it is giving away its line of nearly self-sufficient tiny homes for free to partners willing to use them as Airbnb rentals. Escape, which is based in Rice Lake, has produced the line of tiny homes inspired by prairie-style cottages that are found across the state, and by American architect […]
Airbnb releases insight into business traveller trends for 2019
Worldwide: Airbnb has released its own look at business travel trends which look set to come to fruition in the short-term rental industry in 2019. On one hand, Airbnb business travel hubs such as London, Paris, New York and Sydney remain prominent destinations, while on the other hand, trips to regions such as Latin America, […]
Vietnamese rental startup Luxstay raises $3 million in bridge round
Vietnam: Rental sharing startup Luxstay has raised $3 million in a bridge round from investors including CyberAgent Ventures and Y1 Ventures. It said in a statement that CyberAgent Ventures, which is helping the startup with an internal structuring exercise and facilitated the bridge round, first invested in the firm in early 2018. Luxstay, which was […]
Short-term rental ordinance comes into effect in the city of Boston
United States: People renting out their homes on platforms such as Airbnb or HomeAway in the city of Boston will now have to register with city authorities. This coincides with news that a new ordinance to regulate short-term housing rentals in Boston went into effect on 1 January. In addition to the registration requirement, the […]