Variant fears fail to stop summer demand for rentals
US: High levels of summer travel and scarce supply are leading to higher rental prices, as new variant threats fail to stop demand for travel, according to short-term rental data and analytics provider, AirDNA. July typically represents the peak season for short-term rentals in the United States, and 2021 did not disappoint. AirDNA tracked more than […]
AltoVita publishes flexible rentals survey with STRz and SAN
UK: 68 per cent of the flexible rental sector is seeing an increased demand for extended stays, and 59 per cent are seeing a demand for large spaces, according to a report from global accommodation platform AltoVita, which surveyed key players in the flexible rental sector around the world. The survey, conducted in partnership with ShortTermRentalz and Serviced Apartment News, […]
Sonder to expand Middle East presence
US: Next-generation hospitality company Sonder is expanding its presence in the Middle East by adding two additional buildings to its growing portfolio in Dubai, United Arab Emirates. Through an agreement with Al Fattan Properties LLC, Sonder will manage and operate two of the three Al Fattan Towers in Downtown, with views on Burj Khalifa, to be operated […]