short-term rentals

Coromandel Provides $25M in Credit to Nectar to Finance Short-Term Rental Businesses

Coromandel Provides $25M in Credit to Nectar to Finance Short-Term Rental Businesses
Coromandel Provides $25M in Credit to Nectar to Finance Short-Term Rental Businesses
September 05, 2022  |  Investments

Coromandel Capital has announced that it will be providing $25 million for a senior secured credit facility to Nectar, which gives cash flow financing for...

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Short-Term Rental Platform Guesty Notches $170M to Fuel Hospitality Space
Short-Term Rental Platform Guesty Notches $170M to Fuel Hospitality Space
August 16, 2022  |  Travel Payments

Short-term rental (STR) and hospitality platform Guesty raised $170 million in a Series E funding round to fuel the company’s growth and new product development...

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Airbnb to End Domestic Listings in China, Citing Cost, Competition
Airbnb to End Domestic Listings in China, Citing Cost, Competition
May 23, 2022  |  Travel Payments

Airbnb won’t be going forward with its domestic listings in China, CNBC wrote Monday (May 23), citing costs and competition. Get the Full Story Complete...

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NYC Has More Airbnb, Vrbo Rentals Than Apartments
NYC Has More Airbnb, Vrbo Rentals Than Apartments
May 18, 2022  |  Real Estate

The number of rentals on Airbnb and similar companies in New York City has now surpassed the number of available apartments, Bloomberg reported Wednesday (May...

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Airbnb CEO Sees Potential For 2020 IPO Amid Bookings Rebound
Airbnb CEO Sees Potential For 2020 IPO Amid Bookings Rebound
June 22, 2020  |  Travel Payments

Airbnb’s big rebound from its short but sharp pandemic-induced slump has the CEO of one of the world’s most successful startups talking again about a...

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The Staycation Gains Ground – At Other Peoples’ Pads
The Staycation Gains Ground – At Other Peoples’ Pads
June 08, 2020  |  Travel Payments

After months on lockdown, after months of Zooming … comes the itch to escape to the great outdoors, even if the great outdoors is pretty...

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Pandemic Leads To Short-Term Rental Sell-Off
Pandemic Leads To Short-Term Rental Sell-Off
May 31, 2020  |  Economy

The coronavirus pandemic has many smaller property owners looking to unload their properties to save money, which could lead to big owners seeing a market...

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Short-Term Rental Hosts Undercut Airbnb With Pricing, Bookings
Short-Term Rental Hosts Undercut Airbnb With Pricing, Bookings
May 06, 2020  |  Business

Dissatisfied with Airbnb and other short-term rental companies, many hosts have created their own direct-booking websites to boost business and end years of frustration with...

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