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...Offering rentals of up to a year represented a “huge opportunity”, Chesky said....
...Many would-be Olympic rental hosts are likely to be disappointed....
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...Despite “challenges in some markets”, the “share of EVs on the roads is expected to continue to climb rapidly” in the coming years, the IEA said in its annual outlook report....
...But she says the rentals market is cooling a little as supply increases: properties stuck on the (sales) market are being put up for six- or 12-month rentals instead....
...London market is a scapegoat for poor performance When a UK company’s share price goes south, simply blame the London market....
...Berkshire had struck a deal about six years ago to acquire an interest in Pilot Travel Centers, founded by billionaire James “Big Jim” Haslam II, patriarch of a powerful Tennessee family....
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...Its private equity owners preached that Hertz’s investment in EVs and their related charging infrastructure would be revolutionary, even entailing autonomous vehicles down the road....
...We’ll start with travel, and then down the road we can move beyond travel,” Chesky said. The company is focused on building its offering in countries such as Germany, Brazil and Korea....
...The economics of scooter rentals have never made sense at any level. The cost of buying and maintaining a fleet is high. Yet rental prices need to stay low to keep riders....
...Center Parcs successfully refinanced its debt in April, and the appetite for the debt deal helped give Brookfield confidence to launch the sale....
...The couple are guests of Anna Trzebinski at her hotel Jannah, a place conceived to bridge the gap between “more rustic private rentals and hotel stays”....
...As such, they home in on streets such as Tenison Road, Mawson Road and St Barnabas Road, near busy Mill Road, owing to their convenience and lower prices....
...The move by the San Francisco-based group comes after Facebook parent Meta announced its debut dividend earlier this month, triggering a record leap in its stock price, while home rental site Airbnb expanded...
...Italian prosecutors said Airbnb had failed to comply with a 2017 law obliging short-term rental platforms to collect 21 per cent of landlords’ rental income on behalf of tax authorities....
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...A year later, the supply crunch meant the rental rates it could charge customers had rocketed....
...Tesla has innovation and tech that is incredible, makes the best vehicles on the road, but they can’t sell as many of them because the CEO has become so toxic to so many groups of people,” Gerber said....
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
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