Western Australia moves to regulate short-term lets
Australia: The government of Western Australia recently received a list of ten suggestions for how to regulate short-term rentals. This follows a parliamentary inquiry on the sector, which produced a data report pertaining to the future of short-term lets. This inquiry recommended a flexible, low-cost, and user-friendly registration system for short-term rental providers with the […]
Quality Unearthed predicts success for glamping cabins: “floatels”
UK: After being introduced to the Milford Haven Marina in the latter half of 2019, Welsh travel agency Quality Unearthed, in partnership with the Milford Haven Waterfront in Pembrokeshire, is predicting an increase in occupancy and activity to the new trend of four floating cabins: ‘Floatels’. Installed and partly-funded by the Coastal Communities Fund, the […]
Airbnb path to IPO in doubt following $322m net losses
US: Airbnb’s plans to go public with an initial public offering [IPO] this year have hit a sticky patch after the company posted net losses of $322 million in the nine-month period leading up to September 2019 after making a $200 million profit a year earlier. The losses were reported by the Wall Street Journal […]
How renting out homes at half-term can avoid frozen pipes
UK: The growing trend for people in the UK to be renting out their homes when they are on holiday is set to rise this half-term as homeowners realise there are more benefits than just the money they earn from the letting. With the average cost of weather-related insurance claims for burst pipes averaging £10,000, […]