OYO rumoured for IPO refiling in Q1 2025
India: Softbank-backed Indian hospitality chain OYO is rumoured to be preparing to refile its draft red herring prospectus [DRHP] for an initial public offering [IPO] in the first quarter of this financial year, possibly even as soon as March.
Guestara secures $500k in pre-seed funding round
India: Guestara, a startup that is setting out to reimagine how hospitality professionals serve and engage guests, has announced that it has closed a $500,000 pre-seed funding round.
2024 Wrapped: The STRz stories that defined a year
Worldwide: Inspired by Spotify’s Wrapped series, we revisit the ten stories in 2024 that defined a year for short-term rentals, as well as our favourite video, podcast and webinar from the last 12 months.
Opinion: Why many STR investments fail in the first year
Worldwide: Steve Marcinuk, co-founder and managing partner at KeyCrew, explains why many short-term rental investments fail in the first year and details his own experiences.
FreewayCamper secures €4m in investment
Czechia / Germany: German motorhome rental platform FreewayCamper has announced that it has raised €4 million in an investment round in two tranches.
Inspirato announces new CFO and board shakeup
US: Luxury travel subscription brand Inspirato has promoted Michael Arthur to the role of chief financial officer [CFO] and named three new members to its board of directors.
Thayer Ventures and Derive Ventures combine for new platform
US: Prominent early-stage venture capital firms Thayer Ventures and Derive Ventures have combined to form a new platform called Thayer Investment Partners [TIP].
Your.Rentals raises €1.7m for market expansion
Denmark: All-in-one short-term rental management platform Your.Rentals has announced that it has raised €1.7 million from existing shareholders to expand its market reach.
Host & Stay secures £10.5m investment from Growth Partner
UK: Teeside-based short-term rental property management company Host & Stay has received £10.5 million in investment from consumer-specialist investment firm Growth Partner.
Seventy Ninth Group launches £500m bond for holiday parks
UK: Asset management firm Seventy Ninth Group has launched a £500 million real estate bond in order to fund to acquisition and development of leisure and holiday parks across the UK.