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Palmy is back baby! Holiday house shortage looms as demand booms

By |2020-07-29T09:02:40+10:00July 29th, 2020|Daily News, Short Term Rental News|

Property managers predict this winter will be the busiest ever for Sydney's northern beaches holiday house market as cooped up Sydneysiders make the area their weekend playground. They also report Christmas bookings are being made at an unprecedented rate, fuelling fears of a holiday home shortage. Premium stock is already More ...

Short-term rentals outperform hotels across 27 markets during COVID

By |2020-07-23T09:28:44+10:00July 23rd, 2020|Daily News, Short Term Rental News|

Short-term rentals have been much more popular than "traditional hotels" throughout the COVID pandemic, recording significantly higher occupancy rates between March and June, according to the preliminary findings of a joint analysis across 27 global markets by STR and AirDNA. STR and AirDNA compared the performance of traditional hotels, hotel-comparable short-term rentals More ...

Book direct campaigns having impact in SA says former Expedia boss

By |2020-07-14T15:30:03+10:00July 3rd, 2020|Daily News, Short Term Rental News|

Government and tourism industry campaigns encouraging consumers to book direct with accommodation providers rather than Online Travel Agents appear to be working, according to the former Managing Director of Expedia Australia, George Ruebensal. Ruebensal now operates  Karawatha Cottages in McLaren Vale, a food and wine region 45 minutes from Adelaide More ...

Registration on the way for NSW short term rental industry

By |2020-07-14T15:31:29+10:00July 1st, 2020|Daily News, Short Term Rental News|

ASTRA Chairman Rob Jeffress The NSW government will introduce formal registration of short term rental properties in the first half of next year, the The Australian Short Term Rental Accommodation Industry Association (ASTRA) believes. Chairman Rob Jeffress today said legislation governing short term rentals and a code of More ...

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Sonder says occupancies now at 75%, raises $170m funding

By |2020-07-14T15:32:11+10:00June 26th, 2020|Daily News, Short Term Rental News|

Sonder interior. Company says guests want digital check-in, keyless entry, professional cleaning, and no contact. Leading short term rental company Sonder has just raised US$170m and says average occupancy has bounced back to 75% across its portfolio of 12,000 rooms in six countries after falling to 40% at More ...

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Short Term Shift Continues as Sydney Vacancies Hit 18 Year High

By |2020-07-14T15:32:53+10:00June 10th, 2020|Daily News, Short Term Rental News|

The Airbnb gravy train is off the rails due to impact of COVID-19. Investors continued to shift their short term rental properties to the long term market in NSW, Australia’s largest state, through May with vacancies in inner Sydney hitting an 18-year high, “a trend that’s likely to continue.” The More ...

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Welcome to Winter – Queensland Comes to the Party as East Coast Australia Opens its Doors to Tourism

By |2020-07-14T15:35:16+10:00June 1st, 2020|Daily News, Short Term Rental News|

Late autumn sunset at Narrabeen, a popular tourist spot on Sydney’s northern beaches. A surprise last-minute decision by Queensland to encourage travel within the state means the entire east coast of mainland Australia including NSW, ACT and Victoria is open for tourism as of today, June 1. More ...

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OTAs Bend on Confidentiality and Agree to Share Short-term Booking data with European Union

By |2020-07-14T15:39:43+10:00March 9th, 2020|Daily News, Short Term Rental News|

Airbnb, Booking, Expedia Group and TripAdvisor have agreed to share their short-term accommodation booking and guest data with the European Union (EU). Commissioner Thierry Breton said the data will help with “evidence-based policy” planning and transparency for the short-term leasing sector, critics including local government claim is destroying the social More ...

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