Hostfully publishes 2021 vacation rental industry report
Worldwide: Property management platform Hostfully has compiled research examining the vacation rental market size and other industry statistics. It is estimated that globally, there are over 140,000 professional vacation rental management companies (VRMCs). Research shows that each company manages on average 79 properties, and spends nearly $50 per month per property on software tools that […]
SkyRun names new CEO
US: SkyRun Vacation Rentals has announced that Lukas Krause [pictured] will take over as CEO on 1 July. This announcement comes after the passing of SkyRun co-founder and former CEO, Barry Cox, on 10 May. SkyRun began looking for a new CEO prior to Cox’s passing in early 2021 as he focused on his battle […]
Airbnb “black box” team pays guests and hosts millions after incidents in rental properties
US: Reports have revealed that Airbnb has been spending approximately $50 million a year to keep serious incidents in its rentals out of the press through the use of a “black box” team. The cash has been given to both hosts and guests so that they will not “imply responsibility or liability” on Airbnb. These […]
InsuraGuest signs vendor agreement with Hostaway
Worldwide: InsuraGuest, an insurance technology firm, has signed an agreement with Hostaway, a short-term rental property management company. InsuraGuest Technologies develops, markets, and utilises its software platform to deliver digital insurance to multiple sectors. The InsuraGuest Hospitality Liability coverages can now be purchased by Hostaway users. This allows hosts and property management companies to use […]
iTrip Vacations launches in Arizona
US: iTrip Vacations has launched its short-term rental property management and customer services in Tempe, Arizona. iTrip Vacations, owned and managed by Peter and Meagan South, will now support property owners and guests in Tempe, Phoenix, West Phoenix, Goodyear, and Avondale. The management company includes a full-service program that provides marketing, free light maintenance, professional cleaning, and automatic […]