Apartment-hotel startup Locale raises $11M in Series A

Locale plans to use the capital to bolster its staff, expand to new markets and upgrade its product offerings. Continue reading

As California rolls out short-term rental regulations, investors look elsewhere

“I’ve seen some investors change their plans because of these new regulations,” David Lukan, a Compass agent in Los Angeles, told Inman. Continue reading

Online retailer Wayfair to sell pre-designed sets of home furnishings

The company believes the prospect of buying a room’s worth of furnishings and fixtures will appeal to property managers and short-term rental owners. Continue reading

LA’s new short-term rental rules are here, hosts must pay $89 minimum fee

First, property owners who want to rent out space on Airbnb, Vrbo or similar sites have to register their units with the city and pay a fee, which they can do online here. The most basic type of home-sharing registration will allow hosts to rent out th… Continue reading

Marriott to launch short-term rental platform to stave off Airbnb

Marriott is reportedly launching a home rental service to take aim at Airbnb, HomeAway and other short-term rental companies as more consumers shrug off traditional hotels. Continue reading

Property management startup Guesty nabs $35M funding round

Software startup Guesty announced Thursday it has raised $35 million in Series C funding, bringing its total funding to $60 million. Continue reading

NYC mayor sues Manhattan brokerage over allegedly illegal short-term rentals

The New York City Mayor’s Office of Special Enforcement filed a lawsuit Monday against a Manhattan-based brokerage and property management firm, accusing it of converting units at least five properties it manages or owns into illegal short-term rentals… Continue reading

New platform helps brokerages launch short-term rental programs

‘Powered by Rentl’ is an end-to-end backend platform that enables brokerages to launch branded short-term rental programs for homeowners. Continue reading