Sonder to expand Middle East presence
US: Next-generation hospitality company Sonder is expanding its presence in the Middle East by adding two additional buildings to its growing portfolio in Dubai, United Arab Emirates. Through an agreement with Al Fattan Properties LLC, Sonder will manage and operate two of the three Al Fattan Towers in Downtown, with views on Burj Khalifa, to be operated […]
One Perfect Stay seeks expansion in Asia and Europe
Dubai: To mark the fifth anniversary since its launch, luxury short-term rental property management company One Perfect Stay has announced plans to expand its operations in the Middle East and Europe. The company has outlined its strategy to set up operations in Abu Dhabi and Ras al Khaimah in the United Arab Emirates [UAE], Riyadh in Saudi […]
Successfully navigating a Covid-19 response in the vacation rental sector
Dubai: Paul Mallee and Rami Shamaa, co-founders and managing directors at Dubai-based vacation rental property management company Maison Privee, delves into the lessons for navigating the Covid-19 pandemic and searching for pivot points to open up new opportunities to meet shifts in demand. As Covid-19 struck, many vacation rental companies saw their core markets evaporate overnight. […]
Sultan bin Ali Al Owais Real Estate opens short-term rental division
UAE: Emirati developer and real estate asset manager Sultan bin Ali Al Owais have announced a short-term rental division. This is coming in advance of Dubai’s Expo 2020, which has driven significant hospitality development over the past year. The company, which has previously focused exclusively on the long-term rental market and manages a portfolio of […]
Samana set to launch rental business in Dubai
Dubai: Dubai-based real estate developer Samana Developers is reportedly planning to start two new residential projects in the emirate and venture into short-term rentals business, according to a report in Zawya. The firm currently has two projects under construction, the 122-unit Samana Greens and the 205-unit Samana Hills, and was recently handed the contract for […]
Maison Privee announces holiday home partnership with Archipelago
Dubai: Property management company Maison Privee has inked a partnership deal with Southeast Asia’s largest private hotel group, Archipelago international. The partnership will see Archipelago enter the luxury holiday rental market in Dubai, operating the Maison Privee powered by Aston brand. This will, in turn, give Maison Privee access to the infrastructure and scaling expertise […]
Gallery Suites offers to buy OYO’s home division
UAE: The Dubai-based short-term rental company Gallery Suites has reached out to purchase start-up OYO’s home division. This is in the face of OYO having to scale back growth in light of major shifts in the market. Gallery Suites is owned by Dubai based investor IBC Group, which focuses on art, property and real estate […]
Dubai Tourism Authority issues guidelines for holiday homes sector
UAE: The Dubai Department of Tourism and Commerce Marketing has unveiled an expansion to its 2013 guidelines on holiday homes. The original ruling, Decree 41, will be expanded to include definitions of what a holiday home is, the licensing requirements, and most importantly, the rights of homeowners. Its goal is to continue diversification within the […]
Dream Inn expanding in Dubai to meet rising demand
UAE: With the rise of Dubai as a luxury tourist hub, high end holiday rental company Dream Inn looks to expand. The company has seen a 25 per-cent increase in its property portfolio already, with a growth projection of 39 per-cent by 2021, according to Zawya. The UAE has been introducing a series of measures […]
Hostmaker becomes latest operator to go live in Dubai
Dubai: London-based short-term rental property management company Hostmaker, has gone live in Dubai in its second major overseas venture beyond Europe after Bangkok. The operator is out to capitalise on Dubai’s increasingly quick growth rates for short-term rentals ahead of the new year. Speaking to Gulf News, Hostmaker founder and CEO, Nakul Sharma, said: “The […]