PYMNTS-MonitorEdge-May-2024

rentals

Manhattan Sees Record-Low Number Of New Leases Amid Pandemic
Manhattan Sees Record-Low Number Of New Leases Amid Pandemic
May 15, 2020  |  Real Estate

New leases for Manhattan rentals plummeted by 70.9 percent year over year excluding renewals amid “shelter in place” measures made and enforced amid the pandemic,...

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Le Bijou Hotel Offers ‘Quarantine Apartments’ For Up To 2K Per Night
Le Bijou Hotel Offers ‘Quarantine Apartments’ For Up To 2K Per Night
April 02, 2020  |  Coronavirus

According to a report, Le Bijou Hotel & Resort is offering a COVID-19 pandemic vacation for the man or woman who otherwise has everything. Of...

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‘Mom-and-Pop’ Landlords Lack Cash, Credit To Cover Unpaid Rents
‘Mom-and-Pop’ Landlords Lack Cash, Credit To Cover Unpaid Rents
April 02, 2020  |  Coronavirus

As millions of people lose paychecks amid the coronavirus pandemic, some 48 million renters have missed their April 1 payments, causing financial trouble for mom-and-pop...

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European Court Ruling Could Crimp Airbnb Rentals
European Court Ruling Could Crimp Airbnb Rentals
April 02, 2020  |  Legal

A European court ruling could put a crimp in Airbnb’s home- and apartment-sharing business on the continent. The major case is part of the ongoing...

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ReloQuest Expands On-Demand Business Travel Housing Tool
ReloQuest Expands On-Demand Business Travel Housing Tool
March 26, 2020  |  B2B Payments

Temporary housing solution ReloQuest’s new RQ PRO automated platform aims to boost the company’s ability to offer temporary business housing with a host of new...

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Airbnb Hosts Turn To Long-Term Rentals To Stay Afloat
Airbnb Hosts Turn To Long-Term Rentals To Stay Afloat
March 25, 2020  |  Coronavirus

Airbnb hosts looking for alternatives to their usual operations while the coronavirus stalls the economy have begun listing their properties on other sites, according to...

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Knight Dragon Turns To Rental Units Amid Sluggish London Market
Knight Dragon Turns To Rental Units Amid Sluggish London Market
March 11, 2020  |  Retail

Amid London’s sluggish home sales market, billionaire Henry Cheng Kar-Shun’s firm intends to create its inaugural rental homes at an East London development. Knight Dragon...

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US Rental Marketplace Zumper Closes On $60M Series D Round
US Rental Marketplace Zumper Closes On $60M Series D Round
March 10, 2020  |  Investments

Zumper, a rental marketplace looking to streamline the process of renting an apartment, closed $60 million in a Series D funding round and now boasts...

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Uber Re-enters Colombia With New Rental Service
Uber Re-enters Colombia With New Rental Service
February 20, 2020  |  Ridesharing

Less than a month after its exit, Uber is back in Colombia, according to a Reuters report . The ridesharing company returned on Thursday (Feb....

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