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...Campaigners representing private tenants want local authorities to cap holiday rentals in problem areas, such as where conversions to short-term lets or second homes almost outpace the supply of new houses...
...The company’s last proxy filing states that he remains eligible for free Hertz car rentals for the rest of his life....
...A tie-up between Uber and Hertz, the car-rental service, is helping more drivers get access to tens of thousands of Tesla vehicles in the US....
...At least 17 city governments, including the largest, Shanghai, have pledged to provide “computing vouchers” to subsidise AI start-ups facing rising data centre costs as supplies of crucial chips become more...
...A year later, the supply crunch meant the rental rates it could charge customers had rocketed....
...One of Airbnb’s goals is to boost the supply of listings and improve affordability for guests. Chesky has promised as much on social media platform X, formerly Twitter....
...Inflation took a toll on the chain’s core middle/lower income consumer, and pandemic supply chain snarls were particularly painful for the company, which imports most of its products....
...A version of this article was first published by Nikkei Asia on August 21. ©2023 Nikkei Inc. All rights reserved....
...In addition to the Myanmar crisis, the bloc is facing issues over food and energy security and rebuilding severed supply chains....
...Chesky said the rise in rental rates continued to be driven by supply constraints in popular locations but also a dramatic spike in the cost of cleaning fees added to customers’ bills....
...Snow has been in short supply in the north-east US this winter, but on a recent day at the Stowe Mountain Resort in Vermont, skiers contended with near whiteout conditions as they made turns through a dense...
...One of the UK’s largest equipment rental groups, which did not want to be named, said it had been stockpiling extra diesel generators in anticipation of a scramble ahead of winter....
...A version of this article was first published by Nikkei Asia on October 12 2022. ©2022 Nikkei Inc. All rights reserved....
...“What we see today is entirely a problem of the government’s own making, which has decimated rented housing supply when demand is at record highs,” said Beadle....
...Companies in England face an “iceberg” next spring, with a £3bn jump in business rates — the taxes they pay based on the rental value of the property they occupy....
...It has promised to offer the largest electric rental fleet in North America, and “one of the largest in the world”....
...Just nine of the top 20 cities for Airbnb in Europe have more available listings now than in 2019, according to independent rental data analyst AirDNA....
...The food delivery giant launched its own room rental platform in 2017. 3....
...City officials worry about the prevalence of hosts not covered by the same regulations as hotels, the problem of Airbnbs booked for raucous parties and the dwindling supply of rental accommodation for locals...
...This reduced supply of vehicles, combined with pent-up demand, has since turbocharged the sector’s profitability. In August, US-based Avis Budget Group hailed a “$1bn turnround”....
...Rental car rates have benefited from chaos in the automotive supply chain. More importantly, Hertz has just $1.2bn in corporate debt and another $1.5bn in preferred stock....
...Meanwhile, the supply chain constraints have led to a surge in prices for used cars, which also helps Hertz’s bottom line — rental car companies hold huge fleets that they sell to used car dealers as they...
...Netflix would go on to topple the home video rental business and a decade later Blockbuster was bankrupt....
...“We have laws that require that dredging be done by ships that are made in America by American companies. The ports are also owned by the cities that they’re in....
...Car rental companies are benefiting from the vagaries of the auto industry. Supply chain problems have limited new car production while used car prices have jumped sharply....
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