Summer pivots to SaaS with SummerOS launch

US: Venture-backed real estate proptech startup Summer has pivoted its business model to software-as-a-service [SaaS] by launching SummerOS, which it describes as the first asset management software built for STR operators.
Key Data provides Greek vacation rental market summer update

Greece: As the summer vacation rental season reaches its peak, data provider Key Data and Greek rental management association STAMA have offered a comprehensive look at the performance of Greece’s vacation rental market.
Airbnb reveals global summer 2024 travel trends

Worldwide: Airbnb has revealed the travel trends that are likely to play out in the upcoming summer season, with global sporting events especially and understandably fuelling travel excitement.
Summer raises $68m in Series A funding and debt facility

US: Real estate proptech startup Summer has announced that it has completed a $68 million fundraise, including an $18 million Series A funding round and a secured debt facility of up to $50 million.
AirDNA: Record July continues blockbuster summer in Europe

Europe: According to short-term rental data provider AirDNA’s latest monthly review, European short-term rentals saw their strongest July on record, with more than 50 million nights stayed, and average rates and occupancy up.
eviivo and RateGain collaborate for 2023 summer trends in Europe

Europe: Hospitality software company eviivo and SaaS travel provider RateGain have teamed up to offer key data insights determining the top travel trends in Europe, including the UK & Ireland, for this summer.
AirDNA: Holiday rentals in Europe on track for strong summer

Europe: AirDNA’s latest monthly review of the European short-term rental market showed a strong start to what could be the industry’s strongest summer on record.
AirDNA: Bright summer outlook expected in Europe

Europe / US: The latest data released by AirDNA has hinted at a bright summer outlook, especially in Europe, where demand has been pushed up by revitalised confidence in travel.
Summer travel predictions for urban + non-urban operators

US: Luke Bujarski, co-founder of Extenteam, examines the latest labour market data and takes lessons from previous years of the pandemic to project travel trends and implications for rental operators in urban and non-urban markets. This article reflects on the core findings from Extenteam’s recently published State of the U.S. Accommodations Workforce Report 2022 Predictions […]
Roadmap announcement sparks reservation volume surge

UK: February’s roadmap announcement sparked an increase in UK short-term rental reservation volume by 88 per cent compared to the reservation volume one week prior, according to short-term rental property management platform Guesty. The volume of bookings made between 22-28 February 2021 that were observed by Guesty was 160 per cent more than the average weekly reservation volume seen […]