OTA Traveloka raises $250m to boost travel confidence
Asia: Jakarta-based online travel agency and app, Traveloka, has announced that it has raised $250 million to enhance its operations during the coronavirus crisis and restore confidence in the “resilience and the viability of the regional travel industry”. The company has declined to disclose who led the round, apart from it being a “global financial […]
New Orleans hires ex-Sonder executive for land regulation
US: The city of New Orleans has hired Peter Bowen, the former general manager of Sonder New Orleans, to serve as the city’s chief administrative officer of land use. The move marks a major shift by an urban planning department, allowing a short-term rental professional a voice in future regulation. In his new role, Bowen […]
Landing expands network and grows leadership team
US: Landing, the company behind the first flexible membership for long-term living, has expanded its network of furnished apartments to 20 US cities and grown its executive leadership team. Landing was founded with the mission of designing a better living experience. Even before the coronavirus pandemic, 26 million Americans [16 per cent of the total […]
Domestic tourism to the rescue of vacation rentals
Spain: In this feature article, vacation rental software and channel manager, Avantio, investigates how domestic travel is likely to play a crucial role in the foreseeable future of the vacation rental industry, as operators seek to gain bookings from the ‘new normal’ tourists. Despite the heavy blow to the holiday accommodation sector due to the […]