Cloudbeds raises $150m to support rapid company growth
US: San Diego-based SaaS company Cloudbeds has announced that it has raised $150 million in Series D funding from new and existing investors to continue growing its team, accelerating customer acquisition, expanding its product offerings, and investing in delivering best-in-class technology to the industry. The funding was led by new investor SoftBank Vision Fund 2, joined by […]
Israel unveils measures to restrict short-term rentals
Israel: The Israeli government has held a press conference in which it set out its plan to address the high cost of housing in the country and place additional restrictions on short-term rental platforms including Airbnb. Israel’s finance [Avigdor Lieberman], interior [Ayelet Shaked] and housing [Zeev Elkin] ministers convened with the press on Sunday to […]
Join Femmebnb, Slick Talk, Coconut PR + more for RockSTRz social media webinar
Worldwide: ShortTermRentalz is back with the latest webinar in its RockSTRz series on Tuesday 9 November [4pm GMT] with a session discussing “How will social media change hospitality?”. The webinar, sponsored by series sponsor Flywire, will address everything ranging from how brands / platforms / operators are shifting the way in which they communicate through social media, […]
Short Stay Vacation Homes raises $1.96m for Dubai expansion
Dubai: Dubai-based property management company Short Stay Vacation Homes has raised Dh7.2 million [$1.96 million] to fund its expansion plans in the Emirati city. The funding round, which was led by Kinshasa-based private investment firm SK Group, will enable Short Stay to accelerate its domestic expansion plans through unit acquisitions. The company is aiming to scale up […]