Property Manager AvantStay Lays Off 10% of Staff, Third Round of Job Cuts in a Year

Denver-based property manager Evolve is laying off 20% of its workforce, Skift has learned.

The three-day TGTM 2023 is set as a centre stage for Thai golf businesses to network and discuss business opportunities with overseas golf-holiday specialists.

Antitrust watchdog Competition Commission of India (CCI) has approved Tata group’s plan to merge its full-service carriers Air India and Vistara. 

No country in Asia, and possibly the world, is such a kaleidoscope of as Malaysia.

A sprinkle of forest-clad tropical islands spills off the 2,989 miles of beach and mangrove-studded coasts that cut this green peninsula out of the sea. Running from the north to join the ancient forests of Pahang state in the center, the undulating peaks of the Titiwangsa mountain range split the country in the middle. Malaysia’s lesser-visited mountainous backbone is ripe with easy-going nature treks, but also hides a bounty of offbeat trails to delight the most daring hikers.

Even far before the pandemic, a large wedding was not in the cards for Biljana Bartulac and Sam Erskine. “I would see people spend a lot of money on their weddings, and actually not enjoy them at all because they were too huge, and the couples too stressed out,” says Biljana. “Then the next day they’d wake up and ‘Oh, that’s it.’ They spent so much money for that one day.”

Oyo, in preparation for its upcoming IPO in 2023, is doing a major reorg of its organizational structure and cost base. It has announced it is letting go of 600 employees out of a total of about 3700, mostly in its product and tech teams. From the company:

Joby Aviation has delayed the introduction of its new electric air taxi by about a year to 2025, as the certification of the new aircraft proceeds slower than hoped. The developer disclosed the delay in a letter to shareholders on Wednesday.

In a second round of cuts since mid-year, property manager AvantStay laid off 144 staffers, about 22 percent of its workforce, according to a published report from Short Term Rentalz.

Despite lots of vacation rental industry talk about making inroads in attracting more direct bookings, a global survey of property managers and individual hosts reported those percentages were stable, if not decelerating.

Capital A Berhad, the parent of Malaysian budget airline AirAsia, reported a narrower third-quarter operating loss on Wednesday, buoyed by a strong rebound in travel demand and the easing of pandemic-related restrictions in Southeast Asia.

Hotels added 26,000 new jobs in the United States in November, a small increase from the previous month despite the overall strong job growth numbers for the U.S. economy, especially the leisure and hospitality industry.