eRevMax completes integration with Airbnb
UK: Travel technology company eRevMax has announced it has completed a two-way integration with Airbnb. The work will facilitate accommodation providers including small boutique hotels, bed & breakfast providers and serviced apartments, that use RateTiger or LiveOS solutions and meet Airbnb’s hospitality standards, to list their properties on the platform. The integration, developed in close collaboration between the two […]
Airbnb approached for blank-cheque acquisition company merger
US: Airbnb CEO Brian Chesky has revealed the company was recently approached about going public via a merger with a blank-cheque acquisition company on a Reuters Newsmaker webinar on Wednesday. Mergers with so-called special purpose acquisition companies [SPACs] are seen as a relatively new but increasingly popular way of listing on the stock market. SPACs […]
STRz podcast 14: I-PRAC’s Chris Maughan assesses trust in the rental landscape
Worldwide: I-PRAC CEO and co-founder, Chris Maughan, joins the ShortTermRentalz podcast to assess the importance of trust and confidence in the short-term rental space as the hospitality sector reopens, as well as what the landscape will look like as we move towards the ‘new normal’.
Short-term let firms accuse insurers of holding back payouts
UK: Many small businesses have accused their insurers of holding back payments for financial losses due to coronavirus. Hospitality businesses, alongside The City Watchdog and the Financial Court Authority, claim insurance firms have used government coronavirus grants as an excuse to reduce payouts. According to The Telegraph, small firms have received communication saying that their […]
RedAwning announces new high-end photography programme
US: Short-term rental platform RedAwning has announced a partnership with creative community Meero to provide high-definition, enhanced photography for its properties. The photography solution will be provided to participating homeowners free of charge. Participating property owners on RedAwning can schedule in a time for these new photographs to be taken, which will be optimised for […]
How has Covid-19 impacted on insurance for the short-term rental sector?
UK: Louise Birritteri, CEO and founder of sharing economy insurance specialist Pikl, discusses the impact of Covid-19 on insurance for the short-term rental sector, as well as the wider considerations for the industry. The short-term accommodation sector was severely hit by the Covid-19 outbreak. Bookings across the industry are estimated to have dropped by up to […]
Short-term rentals outperformed hotels in 27 markets during pandemic
US: Short-term rentals have maintained higher performance levels than hotels during the time of the Covid-19 pandemic, according to the preliminary findings of a joint global analysis by hotel data intelligence and global benchmarking firm, STR, and AirDNA. The full analysis will be made available via each company’s website and press release during the coming weeks. […]
It’s a vacation rental inventory gold rush! James Burrows, Rentals United
Spain: Rentals United CEO James Burrows addresses how OTAs are rushing to expand vacation rental inventory to meet increasing demand. As the world comes to grips with the ‘new normal’, the travel industry has an opportunity to begin its recovery. The vacation rental world especially is having a faster speed of recovery or is even the only sector bouncing […]