UK holiday let market creating opportunities for investors
UK: Thousands of Britons are opting to spend their holidays closer to home and as a result, holiday let property investors are seeing the potential business opportunities this presents. That was the opinion of Commercial Trust Limited chief executive Andrew Turner, speaking to Property Reporter, in which he said the holiday and short-term lettings market […]
@Leisure Group rebranded as OYO Vacation Homes
Europe: OYO Rooms has finalised its acquisition of @Leisure Group and renamed the company as OYO Vacation Homes, just two months after details of the deal first emerged. Netherlands-based @Leisure Group is having its name changed to OYO Vacation Homes, as OYO seeks to align its collective businesses under the sole umbrella brand for corporate […]
GuestReady makes top ten of UK top 100 Startups index
UK: Short-term rental management firm GuestReady has been listed ninth in the UK’s top 100 Startups index of new disruptive businesses launched in the last five years. The company was the only startup in the travel / hospitality space to make up the top ten, ahead of competitors such as Airsorted and Hostmaker. GuestReady offers […]
Paris family exodus attributed to Airbnb
France: Schools are closing at a rapid rate in central Paris as hurtling property prices are driving families out of the French capital, according to France24. The publication reported on one school at Vaugirard, in which just 51 students were enrolled this year, and many parents and teachers are attributing this sharp decline on the […]
OyoLife forms strategic alliance with Daito
Japan: Japanese short-term rental startup OyoLife.co.jp has strategic aligned with Daito Trust Construction to further promote its listings across the country. As per the partnership, OyoLife will be able to introduce a range of alternative accommodation properties to customers who wish to have subscription-type rentals from Daito. Tokyo-based Daito, which was founded in 1974, owns […]