Last month, property owners in Saudi Arabia were delighted with the announcement of a new bylaw that allows citizens to operate Airbnb-style rentals. This development is driven by the Kingdom’s ambitious plans to attract 100 million visitors annually by 2030, marking a significant investment into the country’s future. The setup is simple. Soon, a new portal will be launched
We can talk extensively about all the negative things the coronavirus pandemic has caused since 2020. However, we cannot ignore some of the positive things that the world has accomplished in order to adapt to the suddenly changed environment brought about by COVID-19. The concept of the sharing economy is not new, but the pandemic has given it new impetus. Dramatic turnaround
Frank Porter, an Airbnb management company, has announced plans to expand its homegrown, Dubai-based business to Abu Dhabi, becoming the first licensed, short-term property management company in the UAE capital.