AirDNA analyses Covid impact on global Airbnb supply
Barcelona: Short-term rental data provider AirDNA has released an in-depth analysis revealing the impact that Covid-19 has had on global Airbnb supply. From January through to June 2020, Airbnb lost five per cent of its total listings but has since bounced back with growth of 2.5 per cent off pre-pandemic levels. The striking difference can be seen […]
Mint House secures $18m in investment
US: New York-based tech-enabled hotel company Mint House, which provides apartment-style accommodations in downtown areas for high-end business travellers, has secured $18 million in a new round of investment. Participating in the round was Allegion Ventures, a $50 million corporate venture fund of Allegion. Allegion Ventures also invested in real estate technology startup Kasa Living’s funding round […]
AvantStay announces expansion into Florida
US: Los Angeles-based premier next-generation hospitality platform AvantStay has announced its expansion into Florida. The company has introduced 12 properties in Destin, Florida, along the state’s East Coast. AvantStay founder and CEO, Sean Breuner, said: “There has been a noticeable exodus to Florida largely from areas in the Northeast. We are confident our 30A […]
Florence and Venice call for tighter rental restrictions
Italy: The Italian cities of Florence and Venice have set out a join manifesto to the country’s government laying out their plans for the future of tourism in Italy, including placing tighter restrictions on Airbnb and other short-term rental platforms. A joint “Decalogo” – translated as the Ten Commandments – sent out by the two […]