Airbnb warns Scottish rentals law could cost jobs
UK: Airbnb has published the results of a study, which claim that proposed measures to limit short-term rentals in Scotland would put 17,000 Scottish jobs at risk. According to the data, new measures could take almost £1 million a day out of the Scottish economy and increase unemployment by .6 per cent. Scotland’s government committed […]
Party Squasher sets up party prevention program for rentals
US: Party Squasher, which claims to be a first-of-its-kind “occupancy people-counter”, has launched a party prevention program to help hosts and property managers protect their short-term rentals from parties. The Party Squasher technology consists of a small sensor that connects to the cloud service in a property’s internet modem as well as a mobile app […]
Pass the Keys launches new franchises in the UK
UK: Airbnb professional management company Pass the Keys has added new franchises in popular short-term letting destinations across the UK, including the Lake District, New Forest and Christchurch. As a result, the company has taken the number of locations it spans across the country up to 27. With staycations and national parks becoming increasingly popular since […]
KKR leads $100m+ funding round in rental marketplace RVshare
US: Peer-to-peer RV [recreational vehicle] rental marketplace RVshare has announced a $100+ million fundraising round led by global investment firm KKR, with participation by existing investor Tritium Partners. The fundraising will provide capital, as well as access to KKR’s operational resources and global network, to help RVshare build on its leadership position and record 2020 growth with goals […]
CuddlyNest raises $6m in additional funding
Florida: Short-term rental marketplace CuddlyNest has announced that it has raised US$6 million in new funding from its existing private investors. The capital injection takes the total investment in the travel tech startup to over $10.5 million, since its inception in early 2017. As a one-stop travel booking platform, CuddlyNest provides listings across a diverse range of […]