UL MEA 2024: Athul Mohan, PriceLabs
Dubai: STRz speaks to PriceLabs’ Athul Mohan at Urban Living MEA 2024 about revenue management challenges in the Dubai market, ‘shoulder season’ in terms of seasonality, and his overall impressions of the event.
Dubai proptech firm Prypco secures $10m in seed funding
UAE: Dubai-based proptech firm Prypco has secured $10 million in a seed funding round.
Qstay closes $4.6m pre-Series A funding round
UAE: Dubai-based tech-driven hospitality brand and rental investment property management platform, Qstay, has raised $4.6 million in a pre-Series A funding round.
SCALE Show 2024: One Perfect Stay founder Mahwussh Alam
Spain: Mahwussh Alam, founder and CEO of One Perfect Stay, speaks to STRz at the recent SCALE Show in Barcelona.
Silkhaus closes “multi-million” pre-Series A round
UAE: Dubai-based short-term rental proptech Silkhaus has announced that it has closed a “multi-million” pre-Series A funding round.
Lokalee notches $5.6m in pre-Series A funding
UAE: Lokalee, a B2B AI-powered travel content platform specifically developed for holiday homes and hotels, has raised $5.6 million in pre-Series A funding.
OYO to add 500 holiday homes to Dubai portfolio in 2024
UAE: Indian hospitality chain OYO is aiming to add 500 holiday homes to its portfolio in Dubai in 2024 in order to cater to growing demand for flexible-term accommodations from digital nomads.
UAE and Saudi Arabia travel trends to boost GCC tourism
UAE: Al Rais Travel, the official DMC partner of Arabian Travel Market [ATM], has highlighted the latest trends supporting the growth of the tourism industry in the United Arab Emirates [UAE], Saudi Arabia and the rest of the GCC [Gulf Cooperation Council].
Unified tourist visa to drive demand in GCC member states
GCC: Member states in the GCC [Gulf Cooperation Council] have agreed to roll out a unified tourist visa, which is set to fuel a spike in short-term rental demand across the region.
Dubai sees sharp rise in number of holiday homes
UAE: The number of registered holiday homes in Dubai increased by 45 per cent year-on-year, according to property consultancy Asteco.