UnderTheDoormat secures $7 million funding
UK / Middle East: Short-term rental solutions provider UnderTheDoormat Group has secured $7 million in a funding round led by tourism development company Omran Group. The round was supported by Smedvig Capital and other existing investors. The London-based STR business said that the funding will be used for international expansion and to support development of its technology […]
STRz Podcast 61: Jayne McCaw, Jayne’s Luxury Rentals
Short Term Rentalz · STRz Podcast: Episode 61 Jayne McCaw In episode 61 of the Short-Term Rentalz Podcast, we spoke with Jayne McCaw, founder of Jayne’s Luxury Rentals to discuss her approach to embedding luxury in the short-term rental space. Jayne discusses how to navigate hyper-personalisation in the luxury STR space and her approach to […]
Hospitable recovers $1.2M in “almost bookings”
US: Hospitable, a property management software company, announced that it has helped US short-term rental (STR) hosts recover more than $1.2 million in direct booking revenue this year. The company has aided in the financial recovery not by marketing or discounted stays, but by following up with guests who almost booked properties. Each of the […]
Urban Living Festival 2023: Repurposing, flexibility and innovation
UK: Operators, developers, investors and service providers from across the hospitality and real estate industries connected at the Urban Living Festival in Canary Wharf, London, to learn more about how we stay, live and work is shaping the future of the built environment.
RECHARGE 2023: Lisbon event recap
Portugal: IHM held its fifth annual RECHARGE event in Lisbon, hosted at coworking venue Heden Santa Apolónia. RECHARGE is an in-person event which relocates every year to a different European city. It is hosted by International Hospitality Media (IHM), the publisher of four B2B hospitality and real estate media brands: ShortTermRentalz, Urban Living News, Boutique […]
Competition heats up for leisure guests between hotels and STRs
US: A new joint report from hospitality data supplier STR and short-term rental analytics provider AirDNA shows that competition between short-term rentals and hotels has accelerated in the fight for leisure guests
Rental occupancy rates surpass other accommodation in London
UK: Performance data up to the end of June 2021 from a study released by STR, the data intelligence and global benchmarking firm, shows that London’s short-term rental sector is continuing to perform better than other accommodation sectors. The tracking study, conducted in partnership with the UK Short Term Accommodation Association [STAA], is unique in […]
London short-term rentals outpace other accommodation types
London: Performance data from a study released by STR shows that the short-term rental sector in London has bounced back quicker than most accommodation sectors since the UK’s reopening, outpacing other major accommodation types for occupancy, ADR [average daily rate] and RevPAR [Revenue per Available Room]. The tracking study, conducted in partnership with the UK […]
Guesty: Booking habits “normalising” to pre-Covid times
US: Data released by short-term rental property management platform Guesty suggests that travel is “normalising” as pre-Covid booking habits return ahead of the 4 July Independence Day and Thanksgiving celebrations. The platform believes that consumers are starting to feel more comfortable booking shorter stays and making reservations more in advance rather than at the last […]
STR: Short-term rental segment proves resilience in UK
UK: Performance data from an ongoing pilot study released by data intelligence and global benchmarking platform, STR, shows that the short-term rental sector has proven to be more resilient than most accommodation sectors during the coronavirus pandemic. Trade body the UK Short-Term Accommodation Association [STAA] believes this suggests that short-term rentals will be fastest out of […]