Fractional investment platform Here shuts down
US: Fractional ownership vacation rental marketplace Here has announced that it is shutting down with immediate effect.
Pontins closes third holiday park in a month
UK: British holiday park operator Pontins has shut its site close to Southport in Merseyside – its third park closure in the space of a month.
Frontdesk lays off staff and faces collapse
US: Milwaukee-based short-term rental property management startup Frontdesk has reportedly laid off all of its staff and is facing imminent closure, according to a TechCrunch report.
Pontins closes two UK parks with immediate effect
UK: British holiday park operator Pontins has closed two of its parks, in Prestatyn, Denbighshire in North Wales, and Camber Sands in East Sussex, “with immediate effect”.
Awaze closes James Villas brand as 40 jobs put at risk
Europe: European managed vacation rental business Awaze has announced the forthcoming closure of its James Villas brand as it focuses on the future growth of its core portfolio.
Stay Alfred to permanently close down
US: The founder and CEO of Washington state-based apartment rental startup Stay Alfred, Jordan Allen, has confirmed the business is closing down permanently, a month after ShortTermRentalz revealed it had ceased trading and closed its social media accounts. Allen, who founded the startup a decade ago, said it was “amazing to think that a $100 million […]