UK: Fizzy Living has become the first build-to-rent [BTR] operator in London to offer rentals from as short as three months, in light of the pandemic and evolving priorities for renters.
US: As Expedia Group strategises its recovery from the standstill in bookings during the Covid-19 pandemic, it is believed to be preparing to phase out its short-term rental multifamily building business, which includes its Expedia Group Multifamily Solutions product.
UK: Leading supplier of IT services for the hospitality and accommodation rental sector Maxxton is confirmed as a sponsor for the new Short-Term Rentalz conference.
International Hospitality Media has announced the launch the Short-Term Rentalz conference, to run concurrently with Serviced Apartment Summit Europe 2016 in London.
UAE: Dubai Tourism has introduced new rules to regulate the emirate’s growing short-term rental sector.
SAN’s Piers Brown moderated a session at the Arabian Hotel Investment Conference 2015 (AHIC), which discussed the surge in Dubai in short-term rentals and the recent regulatory implications that have impacted the sector. Joining the discussion were Taleeb Noormohamed, vice president global partnerships of HomeAway.com; Helen Hangari, senior legal consultant of
UK: The UK Government has announced reforms to planning laws that will empower councils in England to make short-term lets in their area subject to a planning process, thus preventing a “hollowing out” of communities. The reforms will grant local councils more powers to control the proliferation of short-term lets
UAE: Developer Aldar has partnered with UK-based proptech firm Lavanda to facilitate flexible short term stays for visitors to the Middle East. Aldar has launched its Cloud Living initiative, a short-term leasing platform that provides flexible stay options in homes within Aldar’s integrated communities. The vision underpinning the Cloud Living
UK: 68 per cent of the flexible rental sector is seeing an increased demand for extended stays, and 59 per cent are seeing a demand for large spaces, according to a report from global accommodation platform AltoVita, which surveyed key players in the flexible rental sector around the world.
US: San Francisco Mid-Market NEMA building requests approval to convert 150 to 200 units to corporate rentals.
