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Friday 4 December, 2020
TOP STORY
ShortTermRentalz 2021 predictions revealed
Read the STRz forecasts for the short-term rental industry in 2021 at this link.
If you missed our last newsletter....
1. Celtic Holiday Parks adds 54 holiday homes
2. STR: Rentals outperforming hotels in three US markets
3. Airbnb considers integrating blockchain technology
4. Join our LinkedIn group here
5. Airbnb and Bachcare targets of cancellation policy complaints
Editor's comment
04•12•20 Welcome to the latest ShortTermRentalz newsletter!
• 2020 has already been a record year for IPOs on US exchanges and it looks set to culminate with Airbnb making its public market debut as soon as next week, raising up to $2.5 billion in the process.
Having just kicked off its investor roadshow this week, Airbnb is becoming increasingly confident of success in its IPO. The company is aiming to float as many as 55 million shares, which would help it to achieve a potential valuation of around the $30 billion mark alongside other tech unicorns going public this year.
The IPO has the potential to be a watershed moment for the entire home-sharing industry. The firm is propped up by a loyal customer base and a unique brand presence but its ability to raise a profit is what will instil confidence in potential investors as the short-term rental segment moves more towards the mainstream.
Despite the encouraging news emerging from Airbnb, it is likely that the IPO will intensify the scrutiny of the platform and the regulation of short-term rentals. The company is facing increasing challenges to curb its operations in cities such as Amsterdam and Lisbon, as well as dealing with the issue of party houses, which will force Airbnb to confront some uncomfortable truths about activities taking place at its listed properties.
I analysed the issue in my 2021 STRz predictions piece today - read our exclusive forecasts here.
And view yesterday's recording of our Trendsetters webinar sponsored by Party Squasher by BlueZoo here.
• Earlier this week, we opened up the entry period for The Shortyz 2021, ahead of our second awards ceremony on 22 April 2021. Submit entries for as many of our 18 awards as you wish through our Award Force platform here - the deadline for entry submissions will be Sunday 21 February 2021 at 23:59 GMT.
Watch the highlights reel from our inaugural Shortyz Awards in March 2020 here.
If you have a story you want us to tell the industry, please click here or contact me at my email below.
Paul Stevens, editor
paul@internationalhospitality.media
For more information and sponsorship / advertising opportunities, please get in touch with us.
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International Hospitality Media is the premier specialist in online publishing; conference, exhibition and events, and advisory services for niche growth sectors of the hospitality industry. The company publishes three industry-leading b2b websites - BoutiqueHotelNews.com and ServicedApartmentNews.com and ShortTermRentalz.com which keep their respective sectors up to speed with news, comment and opinion.
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