Airbnb ordered to pay $9.5m fine by Paris court
France: Airbnb has been ordered to pay eight million euros [$9.5 million] in fines by a court in Paris after more than 1000 of its listings were found to be flouting registration laws in the French capital. The home-sharing platform was fined 8000 euros per listing “given the severity of the violations… and their consequences with […]
Evolve creates social responsibility initiative
US: Denver-based vacation rental management company Evolve has announced the launch of its new social responsibility initiative – the Building Hospitality programme – which will donate one per cent of its websites proceeds from every rental booked. Evolve, which manages over 15,000 properties in North America, was founded with the belief that people deserve safe accommodations, both […]
JetBlue invests in market intelligence startup Transparent
Spain: JetBlue Technology Ventures [JTV], the venture capital subsidiary of American low cost airline JetBlue Airways, has announced its investment in vacation rental market intelligence company Transparent, which will bring its total funding to date to $2.8 million. The investment will allow Transparent to continue to expand its commercial team and aligns with JTV’s investment […]