Layers teams up with United Way of Tarrant County for #wearelayers campaign
Israel / US: Communal living real estate brand Layers has partnered with United Way of Tarrant County to create a community-oriented social campaign with the aim to raise funds, awareness and additional support for health care workers and first responders who are on the front lines fighting the coronavirus. In the initial phase, which is being coined […]
LuggageHero April survey reveals new sentiment on travel after lockdowns
Denmark: Luggage storage company LuggageHero has published the results of a customer survey which registered the responses of British would-be travellers in relation to the impact of Covid-19 on their travel plans and their sentiment towards travelling when lockdowns begin to be lifted. The customer sentiment survey was conducted between 5-9 April, via online forms […]
New Jersey senate approves short-term rental refund bill
US: The New Jersey legislature approved a bill last Monday which would require many short-term rental companies to provide a refund for COVID-19 related cancellations. Sponsored by Senators Joe Cryan and Kip Bateman, according to the legislature’s website, the bill passed through the senate with 37 approval votes to 3 abstentions. Refunds will be required […]
Airbnb secures further $1 billion loan
US: Just one week after raising $1 billion in funding from the likes of Silver Lake and Sixth Street Partners, Airbnb has secured a further $1 billion loan in senior debt, reportedly through the same private equity firms, as well as Apollo Global Management, Oaktree Capital Management and Owl Rock. The emergency finance injection, coming […]
I-PRAC to invest £1 million of value into the short-term rental sector
UK: In a bid to transform the short-term rental landscape and support the thousands of operators within it, the CEO of I-PRAC, Chris Maughan, has approved an investment of £1 million into the sector, via the company’s verification platform for rental professionals. In light of the Covid-19 pandemic, Maughan believes there is a great deal to […]