AB Apartment Barcelona transitions to medium-term stays
Barcelona: Property management company AB Apartment Barcelona, which manages touristic and long-term rental apartments, has said it expects to maintain an occupancy rate of between 45-90 per cent above the rest of the market in Barcelona until at least April 2021, having transitioned from short- to medium-term stays during the pandemic. The renting of tourist apartments has been […]
Shortyz entries platform to go live tomorrow [1 December]
Worldwide: The entries platform for The Shortyz Awards 2021 will officially go live at midday GMT tomorrow, ahead of the event which is scheduled to be held in London on Thursday 22 April 2021. The Award Force platform will be accessible at midday on Tuesday 1 December via a link on the Shortyz website here […]
Airbnb hopes to raise $2.5bn in mid-December IPO
US: Airbnb has disclosed that it is seeking to raise up to $2.5 billion in its upcoming initial public offering [IPO]. In addition, the platform is targeting a higher-than-initially-expected valuation range of $30 billion – $33 billion and is on course for a listing on the public markets by mid-December. The price range of the float […]
Myfriendlyhost launches travel app
UK: Myfriendlyhost.com has launched its new rentals platform, which uses the capabilities of Facebook in order to foster a greater sense of safety. The app allows people to see hosts and service providers who are connected to their friends, adding a sense of legitimacy to future bookings. App founders, brothers Victor and Sergej Semeniaka, created […]
Olive by Embassy launches asset-light management business
India: Olive by Embassy, the coliving and student housing brand by the Embassy Group, has launched Olive Residences, its asset-light management business. With a twofold membership approach, customers can choose their primary residence location in Bangalore and gain access to member “partner escape locations”, as well as the Olive Club on a pay as you […]