Evolve undergoes second extensive layoffs round this year
US: Denver-based vacation rental management company Evolve is laying off 20 per cent of its workforce [175 employees] – its second round of job cuts this year – as first reported by Skift.
Sentral launches and establishes flexible living category
US: Sentral, a network of urban residential communities, has launched in Denver, and in doing so, established a new flexible living category that aims to “redefine the way people live, travel and work”. The new category, called Home+, is designed to combine the comforts of home with the adventure of travel, and offer both designer […]
US cities turning to AI to regulate short-term rentals
US: Cities across the US are using AI [artificial intelligence] and machine learning to track short-term rentals and improve ordinance enforcement. They hope that the increased enforcement of regulations can make up for falling tax revenues. Short-term rentals have recovered in the US in spite of the global pandemic, with AllTheRooms saying bookings on major […]
Denver building leased by Sonder sold for reported $6.25m
US: A Denver building leased by hospitality start up Sonder has been sold for three times its initial purchase price. Run as The Essex Hotel by Sonder, the former hotel building is noted to be the first Airbnb-hotel hybrid of its kind. The building, which was first purchased by a Denver based property firm GM […]
Sonder opens first Airbnb-hotel hybrid in Denver
US: San Francisco-based hospitality startup Sonder has opened its first hotel-Airbnb hybrid in Denver after it secured the required licence earlier this month. The startup has gained the lease for the entire building in Uptown Denver, which will be renamed as The Essex. The three-storey building, built in 1908, used to be a hostel but […]
Denver to adopt stricter short-term rental rules
US: Denver property owners renting their homes through vacation rental sites like Airbnb will face stricter rules following the implementation of further guidelines in the city. The city will now have the power to revoke, sanction or deny a short-term rental licence or application if a rental property negatively impacts on the public health, safety […]