Reliability First: Vrbo Reinforces Cancellation Policy with Full Host Sanctions
The Flexible Accommodation sector takes a further step towards professionalisation and traveller confidence. Vrbo has announced a significant tightening of its cancellation policy, introducing "full penalties" for hosts who cancel bookings. This measure aims to make cancellations an extremely rare event and to consolidate the reliability of its platform.
"Flexible Accommodation: The Opportunity that Spain Has to Lead" - The Vision of Carlos Pérez-Lanzac
In a strategic reflection, Carlos Pérez-Lanzac invites us to look beyond the current debate on tourist housing. In his latest opinion article, he argues forcefully why Spain not only participates in, but is in a privileged position to lead the global revolution of Flexible Accommodation, a sector that goes far beyond traditional tourism and represents a major economic and social opportunity.
Blackstone's Backlash Bet: The Refuge of Luxury Hotels in Times of Uncertainty
Investment giant Blackstone is redoubling its commitment to luxury hotels, defying signs of a potential slowdown in tourism demand. Its strategy, worth billions, is based on the resilience of the high-net-worth traveller and the scarcity of new development, a move that cements its confidence in high-end Flexible Accommodation.
Andalusia Takes Control of Flexible Accommodation and Gives Local Councils the Power to Limit it
Flexible Accommodation in Andalusia enters a new regulatory phase. The Junta has approved a decree that transforms the management of tourist accommodation, giving local councils the ability to limit their number and raising quality standards for all operators, in a clear commitment to a more sustainable and balanced tourism model.
Madrid Redraws its Urban Future: New Land Law Commits to Simplification and Flexible Accommodation
The Community of Madrid is preparing for a profound modernisation of its urban planning framework with a new draft Land Law. This initiative seeks to unify regulations, streamline procedures and provide greater legal certainty, opening the door to more flexible planning adapted to new residential realities, including Flexible Housing.
Numa Accelerates its UK Conquest with New Strategic Openings in London and Edinburgh
The digitised Flexible Accommodation revolution continues its unstoppable march across Europe, and Numa Group is leading the way. The company has announced a strategic triple expansion in the UK, with new properties in the vibrant London boroughs of Camden and Victoria, and in the historic city of Edinburgh, consolidating its technology-driven hospitality model.
The Luxury Multiplier Effect: How Branded Residences Boost the Value of Mixed-Use Projects
Beyond glamour, branded residences are a strategic catalyst for the success of large urban projects. Their integration into mixed-use developments not only elevates prestige and accelerates sales, but generates a luxury ecosystem that benefits all components, from hotel to retail, redefining value in Flexible and Residential Accommodation.
Flexible Accommodation Consolidates Power in Summer: Holiday Apartments Lead Growth in July
The Flexible Accommodation sector has shown its strength at the peak of the summer, registering a remarkable growth of 3.8% in overnight stays in July. Driven by international demand and the boom in tourist flats, the out-of-hotel sector not only outperformed last year's figures, but also consolidated its expansion from pre-pandemic levels.
HomeToGo Seals Interhome Acquisition, Reconfiguring Flexible Accommodation in Europe
Europe's Flexible Accommodation board is being reshaped with one of the most significant deals of the year. HomeToGo has received the green light from regulators to complete the acquisition of Interhome Group. This union creates a new giant in the sector, combining the technological strength of HomeToGo with the strong direct management portfolio of Interhome.
Andalusia Reorganises Flexible Accommodation: Nearly 10,300 Tourist Dwellings Leave the Register after New Control Measures
The Flexible Accommodation sector in Andalusia is undergoing a significant restructuring. The Junta has cancelled nearly 10,300 registrations of tourist accommodation, a decisive move to rebalance the residential and tourist market. This action underlines the firmness of the administrations in the management of an accommodation model in constant evolution.
The Regional Government of Madrid approves the RESIDE PLAN definitively in the Governing Council today
Madrid begins a new era in the management of its residential and tourist ecosystem. The recently approved RESIDE Plan comes into force with strong measures: it eliminates tourist flats scattered in residential buildings in the centre and establishes new rules for Flexible Accommodation throughout the city, protecting the resident and promoting affordable housing.
Alcorcón Boosts the Educational and Residential Future: 300 New Flexible Housing Units for Students in the ADA Macroproject
Alcorcón is at the forefront of residential innovation. The ambitious ADA (Alcorcón Academic District) project not only includes new sports infrastructures, but will also provide 300 Flexible Housing units designed specifically for students. This strategic development seeks to attract talent and offer quality housing solutions to the university community.
600 Million for Flexible Accommodation: JPMorgan and Grupo Lar Boost 'Flex Living' in Spain with Strategic Alliance
One of the most significant transactions of the year in the Spanish real estate sector is taking shape: JPMorgan Asset Management and Grupo Lar announce a joint venture to invest €600 million in the development of 'Flex Living'. This alliance aims to create 5,000 beds in Flex Living projects in key cities, marking the banking giant's entry into this promising residential segment.
SLS Madrid Infantas Residences: Hollywood Glamour Enters the Heart of the Capital, Redefining Flexible Luxury Accommodation
Madrid celebrates the arrival of SLS Madrid Infantas Residences, a project that fuses the vibrant luxury of SLS with the historic essence of the Las Letras district. Inspired by classic Hollywood, this branded residences complex offers high-end Flexible Accommodation, setting a new standard for sophistication and service in the Spanish capital.
Kronos Home Sets Sights on Spain: Branded Residences Could Reshape Luxury in Flexible Accommodation
Leading property developer Kronos Home is seriously considering extending its successful model of branded residences to Spain, following its consolidation in Portugal. This strategy of bringing luxury homes with high-end hotel services promises to raise the standards of flexible and residential accommodation, attracting a buyer and investor profile that seeks exclusivity and an unparalleled lifestyle.
The Pulse of Vacation Rentals: Record Profitability and New Challenges for Flexible Accommodation in Spain
Vacation rentals continue to redefine the Spanish real estate market, establishing themselves as a flexible accommodation option with higher returns than traditional rentals. A recent report by Fotocasa reveals how the supply has grown driven by this attractive profitability, while regulation intensifies the tension in a sector dominated by small owners.
Marbella and Flexible Accommodation: Keys to Legislative Changes and their Impact on Housing Value
Spain's Flexible Accommodation sector is facing new legislative headwinds, with particular impact on key tourist areas such as Marbella. An LPA report looks at how changes to the Horizontal Property Law and other measures are seeking to regulate tourist accommodation, and warns of the potential unintended consequences for property values and rental supply.
The Luxury of Flexible Accommodation Evolves: How will Branded Residences Adjust Rates in a Maturing Market?
The branded residences sector is maturing, and with it, its fee structures are poised for a transformation. As more brands, both hotel and non-hotel, come into play, competition and owner expectations will drive changes in commissions and management models, redefining value in ultra-luxury Flexible Accommodation.
Innovation in Flexible Accommodation: Bechester and Andbank Launch 10 Million Leasing Vehicle to Equip 'Living' Spaces
The Flexible Accommodation sector receives a new financial boost. Bechester, a specialist in equipment for living spaces, and Andbank, have joined forces to create a leasing vehicle of up to 10 million euros. This initiative aims to facilitate investment in high quality furniture and equipment for student residences, coliving, senior living and other long-stay formats, boosting supply and professionalising the sector.
New Tax Window: 50% Reduction in Personal Income Tax for Renting Rooms in Habitual Housing, a Boost to Long-Term Flexible Housing
A recent confirmation from the Directorate General of Taxes opens up a tax opportunity for landlords: a 50% reduction in personal income tax for renting out rooms in their main residence. This clarification seeks to encourage a form of Flexible Accommodation that contributes to the permanent residential offer, although it explicitly excludes tourist and seasonal rentals.