Airbnb has $20.3 billion economic impact in Australia says report
Australia: New research by Oxford Economics, commissioned by Airbnb, shows that spending associated with Airbnb contributed an estimated $20.3 billion to Australia’s economy in 2024.
Airbnb research finds STR caps unlikely to improve long-term rental supply
US: New research from booking platform Airbnb indicates that placing caps on short-term rentals is unlikely to lead to a significant increase in long-term rental housing supply. The study, based on a survey of Australian hosts, found that 88 per cent said they would not convert their listings into long-term rentals, even if local governments […]
Oyo buys MadeComfy in $50 million deal
Australia: Sydney short-term rental management platform MadeComfy has been acquired by Oyo for around AUS$50 million.
RMS integrates Breezeway tools to streamline operations
Australia/US: RMS, the hospitality management platform for hotels, serviced apartments, and short-term rentals, has announced a new integration with operations software provider Breezeway.
ParkBooker raises AU$600k in pre-seed funding
Australia: ParkBooker, an independent online travel agent that is aiming to “make camping, holiday and caravan park bookings as easy to discover and book as hotels”, has raised $600,000 in an oversubscribed pre-seed round.
RMS appoints new CEO to drive global expansion
UK: Hospitality property management platform RMS has announced the appointment of Adam Seskis as CEO as the company looks ahead to its next chapter of global growth and innovation.
Airbnb unveils trending destinations for 2025
Worldwide: Airbnb has unveiled its 25 trending destinations for guests to visit in 2025.
Japanese lodging startup Earthship closes pre-seed funding round
Japan: Japanese outdoor lodging startup Earthship, which aims to offer immersive experiences in national parks with its cabins, has completed an undisclosed pre-seed funding round.
Airbnb festive ‘Santastrophe’ advert mocks hotels
Worldwide: Airbnb has released its first-ever specialised advert for the festive season, in which it shows a frantic Santa Claus experience a ‘Santastrophe’ navigating a hotel to deliver presents, in comparison with a much smoother experience at a short-term rental Airbnb listing.
Rentals United launches Screen & Protect service
Spain: Vacation rental channel manager Rentals United has launched Screen & Protect, a property protection service that allows hosts to verify guests during the booking process and provides compensation of up to €50,000.