UK: SilverDoor’s latest State of the Market Review 2022, has shown global demand for the sector has continued to grow but with a strain on supply. Further investment in the industry means supply is increasing in all international markets and “the journey to improved availability has begun.” Simon Forgeau’s SilverDoor…

UK: Following last week’s Independence Day of Ukraine, which marked the six-month anniversary of the Russian invasion of the country, the UK Government has called for more people to join the Homes for Ukraine scheme and take refugees into their homes. The calls came after concerns were raised that people…

LatAm: Online travel agency Despegar is looking to compete with the likes of Airbnb, Vrbo and Booking.com by rapidly adding vacation rentals in Brazil and Mexico. In its latest earnings report for Q2 that was released last week, it was revealed that Despegar had recorded a 42 per cent year-over-year…

US: With school out for the summer, July 2022 was another record month for short-term rentals in the United States: over 23 million nights were stayed, 18.2 per cent more than last year’s previous record, according to short-term rental data and analytics provider, AirDNA. Available supply topped 1.39 million listings…

US: Hospitality management platform Cloudbeds has released data on the top performing distribution channels in a new free guide, entitled ‘The Big Book of OTAs: A Hotelier’s Guide To Top Distribution Channels’. Among the key findings, Cloudbeds found that lodging businesses connected to at least six distribution channels saw an…

UK: Global Secure Accreditation (GSA) has released the findings from a short survey on the updated travel risk guidance ISO 31030. The ISO 31030 was updated in September last year, a timely renewal given the unprecedented times in the travel sector. Bob Quick, executive director and founder of GSA, said…

US: The Highland Group, which provides consulting services to the lodging sector, has said the extended stay sector is seeing a full recovery. The Group said that June’s summer travel surge accelerated upscale extended stay hotel’s recovery indices more than economy and mid-price extended-stay hotels. Mark Skinner, Partner at The…

US: Airbnb has reported record bookings and rising rates in its second quarter earnings call with travel demand continuing its consolidation, despite the cost of living crisis and concerns over the impact of economic slowdown on households around the world. The home-sharing platform revealed that 103.7 million nights and experiences…

UK: A newly-published white paper from Travel Intelligence Network, on behalf of the UK Short Term Accommodation Association [STAA], shows that short-term rentals are set to claim a five per cent share of the corporate business travel market, which is worth up to $8 billion worldwide and £235 million in…