Berlin-based hospitality brand Numa Group has acquired Dutch aparthotels operator YAYS Group from Proprium Capital Partners. The companies did not disclose details of the deal.
The UK short-term accommodation association's (UKSTAA) research estimates that there are nearly 2 million potential homes for construction, with up to 1.5 million of them “deliverable” within the next five years.
Airbnb announced Monday that it has appointed former White House chief of staff and a prominent figure in Democratic circles Ron Klain as its chief legal officer.
The European Council and Parliament have reached a provisional agreement on a draft regulation for data collection and sharing for short-term accommodation and rental services within the European union.
From the end of last year until now, Vacasa has seen homeowners leaving its platform and CEO Rob Greyber expects it will continue into the first quarter of 2024.