Oyo buys MadeComfy in $50 million deal
Australia: Sydney short-term rental management platform MadeComfy has been acquired by Oyo for around AUS$50 million.
Rentals United launches Screen & Protect service
Spain: Vacation rental channel manager Rentals United has launched Screen & Protect, a property protection service that allows hosts to verify guests during the booking process and provides compensation of up to €50,000.
Alloggio buys Relaxaway Holiday Homes in Queenstown
Australia / New Zealand: New South Wales-based short-term rental property management company Alloggio has announced the acquisition of holiday home agency Relaxaway Holiday Homes, based in Queenstown, New Zealand.
ASTRA elects three new board members
Australia / New Zealand: The Australia and New Zealand Short Term Rental Association [ASTRA] announced the election of three leaders onto its board at its annual general meeting last week, joining current and re-elected directors.
Urban Rest acquires The Urban Butler for NZ expansion
Australia / New Zealand: Urban Rest, a provider of flexible alternative accommodations serving the corporate market, has announced its acquisition of New Zealand counterpart The Urban Butler, effective from 1 May 2024.
Travel + Leisure to buy Accor Vacation Club in $48.4m deal
Australia / New Zealand: Membership and leisure travel company, Travel + Leisure Co., has announced that it has reached an agreement to acquire Accor Vacation Club, the vacation ownership business of global hospitality brand Accor, in a $48.4 million transaction.
The Urban Butler finalises Series A funding round
New Zealand: Auckland-based luxury short-term rental property management company The Urban Butler has completed its Series A capital raise as it seeks to redefine the New Zealand accommodation market.
Homes & Villas by Marriott International lands in APAC
APAC: Homes & Villas by Marriott International [HVMI] has announced its launch in Australia and New Zealand, marking the platform’s entrance into Asia Pacific [APAC].
Airbnb tightens crackdown on NYE parties
Worldwide: Airbnb is building on its previously-announced anti-party initiative by expanding the policy to include three-night reservations for this year’s New Year’s Eve celebrations. Following its pilot programme last year, which included the United States, Canada, Australia, France, Spain and the UK, Airbnb has announced that it will crack down on New Year’s Eve parties […]
Christchurch considering short-term rental legislation
New Zealand: Christchurch city council in New Zealand is considering implementing a variety of new restrictions on short-term rentals. Proposed changes include limiting the types of rentals in certain districts, limiting the number of days a property can be rented out, and defining the types of buildings where properties can be rented. The council received […]