Srividya Kalyanaraman

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Lucerne Caps Short-Term Rentals to 90 Days

The Swiss city of Lucerne is the latest to place restrictions on short-term rentals. Lucerne citizens voted (64 percent) to limit short-term rental stays to a maximum of 90 days per year.   Lucerne is the fifth city in Switzerland after Geneva, Zurich, Basel and Bern to cap short-term rentals. The initiative was led by Social…

Srividya Kalyanaraman | 1 year ago

Short-Term Rentals

Luxury Vacation Rentals Market Is Flying High

Supply and demand are both strong in luxury vacation rentals. Affluent spenders are driving prices higher, but data shows that even the luxury segment with its prestige pricing won't be immune if consumer anxieties about the economy grow.

Srividya Kalyanaraman | 1 year ago

Luxury Vacation Rentals Market Is Flying High

Short-Term Rentals

Short-Term Rentals Test Sustainability as an Accreditation Standard

The industry may recognize the need to be sustainable, but the incentives need to align with the infrastructure. It's also important to treat sustainability as a common goal and shared outcome, and not as just an accreditation.

Srividya Kalyanaraman | 1 year ago

Short-Term Rentals Test Sustainability as an Accreditation Standard

News Blog

Fairbnb.coop Launches in the UK to Promote Community Tourism

Sustainable tourism organization Fairbnb.coop has launched in the UK.  Bologna-based Fairbnb.coop, which promotes community-powered tourism, has launched in the United Kingdom, with a goal to bring in B&Bs, inns and other private accommodations. Fairbnb.coop connects conscious travelers with hosts who aim to create sustainable and equitable communities around the world.  Fairbnb’s 15 percent commission is…

Srividya Kalyanaraman | 1 year ago

News Blog

OTA Insight Now Offers Short-Term Rental Data to Hoteliers

OTA Insight, a London-based startup that helps hotels track competitors’ rates, will now include short-term rentals. The company launched Rate Insight+, which it claims is the first service to give hoteliers a competitive landscape of both hotel and short-term rental data.  At least 46 percent of travelers who paid for lodging in 2021 stayed in…

Srividya Kalyanaraman | 1 year ago

News Blog

HomeToGo Earns $155 million in 2022 Revenue, Surpasses Initial Guidance

German vacation rental marketplace HomeToGo’s revenue grew to €146 million ($155 million) in 2022, up 54 percent from the comparable period in 2021. This is well ahead of its initial guidance of €120-125 million ($127-$132 million) for 2022. The announcement is part of the company’s preliminary results for 2022.  During the same period, the Berlin-based…

Srividya Kalyanaraman | 1 year ago

News Blog

MYNE Acquires German Rival VillaCircle

Berlin-based MYNE, which manages co-ownership of holiday properties, acquired its rival VillaCircle.  The company did not disclose any details of the deal. A company spokesperson told Skift that the “deal has an eight digit valuation.” MYNE will take over the real estate and customer care of VillaCircle, and existing operations will be transferred to the…

Srividya Kalyanaraman | 1 year ago

Short-Term Rentals

Travel+Leisure Group Sells Love Home Swap To HomeExchange

The deal is in line with HomeExchange's ambition for market expansion beyond France and Spain in Europe. And beyond that, its consolidation of the home exchange market — as this marks the company's fifth acquisition.

Srividya Kalyanaraman | 1 year ago

Travel+Leisure Group Sells Love Home Swap To HomeExchange

News Blog

Zumper Launches Short-Term Rental Subscription Service

There is now another subscription service for short-term rentals. San Francisco-based privately-owned rental platform Zumper has launched Flexpass — its subscription service targeting remote workers and digital nomads. Priced at $300 per year, the service will allow access to Zumper’s listings of fully furnished short-term rentals.  Sample of an apartment listing in Boston. Source: Zumper…

Srividya Kalyanaraman | 1 year ago

Short-Term Rentals

Portugal’s Proposal to Ban New Short-Term Rental Licenses May Hike Prices

The new proposals yet to be finalized may achieve the opposite effect, reducing short-term rental inventory in the long run while pushing rental prices up. The government should be cautious given tourism's significant 17 percent contribution to the economy.

Srividya Kalyanaraman | 1 year ago

Portugal’s Proposal to Ban New Short-Term Rental Licenses May Hike Prices