Latest:
Industry

Sonder cuts workforce by one third

Reading Time: 2 minutes US: San Francisco-based hospitality startup Sonder has announced it has laid off 22 per cent of its workforce and furloughed an additional 11 per cent of its staff as the reality of the coronavirus impact on the travel industry bites hard.
Industry

Limehome secures €21 million to fund growth

Reading Time: 2 minutes Germany: Hospitality startup Limehome has secured a further €21 million from existing investors to develop its proptech platform and to continue scaling in Germany and Europe.
Features

Talking Business: Vivi Cahyadi, AltoVita

Reading Time: 6 minutes AltoVita co-founder Vivi Cahyadi talks to SAN about the company’s mission to become a global disrupter in the corporate housing sector. • Tell us how and why AltoVita came about “Co-founder Karolina and I are both frequent travellers. Having lived in more than 20 cities and five continents, we understood first-hand
Features

Are OTAs making operators lazy?

Reading Time: 7 minutes OTAs are a vital channel for serviced apartment and aparthotel companies, but is over-reliance on them making operators lazy, asks Duncan Chappell, commercial director at elina PMS. OTAs say “let us do your marketing, we are experts at it” and that “you couldn’t do what they can if you spent the
Features

Serviced apartments: the case for value

Reading Time: 3 minutes Austen Chen of 2nd Address looks at how serviced apartments in the US offer travellers excellent value when compared with hotels. Serviced apartments offer more than just comfort and amenities, but also cost savings when stacked against a pricey hotel. With kitchens, free Wi-Fi, and fitness centres, serviced apartments offer
Industry

Airbnb leads Lyric funding round

Reading Time: 2 minutes US: San Francisco-based apartment provider Lyric has raised $160 million in a Series B financing and debt financing led by Airbnb.