AvantStay cuts 22 per cent of workforce in latest round of redundancies

US: Los Angeles-based premier next-generation hospitality platform AvantStay has announced a further round of job cuts, reducing its workforce by 144 people [22 per cent of its overall team].
Hopper secures $96m follow-on investment from Capital One

Canada: Online travel agency and booking app, Hopper, has secured $96 million in a follow-up investment from existing investor Capital One.
COP27: Time for leaders to step up to the sustainability plate

Egypt: As COP27 takes place in Egypt, STRz asks several passionate environmentalists in the short-term rental sector to give their perspective of what is needed in our industry.
Lakeshore Leisure Group acquired by Capfun UK

UK: British leisure brand Lakeshore Leisure Group has been sold by private equity firm Kings Park Capital to a new UK subsidiary of Capfun, a French-headquartered, pan-European campsite and holiday park operator.