Airbnb Goes Mainstream With Rio Olympic Contract

With an official contract to provide rooms for the 2016 Olympic Games in Rio de Janeiro, online home-rental marketplace Airbnb Inc is creating a model to solve accommodation problems at mega-events, co-founder Joe Gebbia said on Friday. The company, one of Silicon Valley's most successful start-ups since it was founded five years ago by a trio of graduates, will provide at least 20,000 rooms during the Olympic Games. Gebbia said he hoped to make that 25,000 or 30,000 rooms by 2016. "We Read more [...]

Vancouver house sells for $567K over listed price

A Vancouver real estate agent who has just sold a home for $567,000 over its published listing price says that underlisting is an accepted selling strategy in the real estate market. "If the product's right, the timing's right and the inventory is right, it's the right strategy," Paul Eviston told CBC News. Nevertheless, Eviston said, he would hesitate from using the term "underlisted" in the case of the home at 65 E 26th Ave., originally listed at $1.6 million, which sold for $2,167,000. "I Read more [...]

George Clooney wants 12-seater cinema at his country estate by the Thames

However the happy couple left the nine-bedroomed luxury home in December as work on site began, with scaffolding and tarpaulins covering the estate as workers replaced the roof. Plans have now been submitted showing the depth of renovations the couple hope to make to their Berkshire love nest. While they cannot extend their Grade II-listed manor house, they hope to do major extension work to the neighbouring annexe, which currently houses a boathouse and greenhouse. The couple hope to convert Read more [...]

TSC slams FCA over "serious error"

The Treasury Select Committee (TSC) described the FCA’s briefing of a Daily Telegraph journalist about its review of the life insurance market ahead of publication as a “serious error” which sent the price of shares in a number of insurance companies – including Prudential and Aviva – tumbling. In its report, the committee says, “By effectively breaching its own listing rules, the FCA itself created a false market in life insurance shares. This is a matter of serious concern. Read more [...]

Former Kennett Stanwell Park home listed for sale

It is almost 50 years since Frank and Jess Kennett donated their Stanwell Park home to the United Protestant Association to be used for the purpose of aged care. The Kennett Home,  located at 103 The Drive Stanwell Park has been listed with Ray White Helensburgh.It is almost 50 years since Frank and Jess Kennett donated their Stanwell Park home to the United Protestant Association to be used for the purpose of aged care.Now with UPA moving residents to a new facility in Stanwell Read more [...]

Depressed co-pilot deliberately crashed Germanwings plane, killing …

The evidence came from the search of the 28-year-old's homes in two German cities for an explanation why he crashed the Airbus A320 into the French Alps, killing all 150 people on board.Martyn Matthews, a quality manager at Tipton-based automotive firm Huf UK, was one of those on board.Martyn Matthews with his daughter Jade, wife Sharon and son NathanMr Matthews had been in Barcelona for business, and only caught the doomed flight in order to get home to his Wolverhampton-based family Read more [...]

The Great Tour: a two-month bike ride around Britain

Bealach-na-Ba (Photo: AP/Fotolia) To help achieve that goal, there are plans for a Great Tour app in partnership with Ordnance Survey, detailing the route and the best places to stop for refreshments on the way. It is hoped that the event will also provide a boost to numerous charities, with all riders expected to raise money for a good cause. It kicks off on July 4, the same day as this year’s Tour de France gets underway, and concludes on September 5 (six weeks after those lazy pros reach Read more [...]

Listed Hartlepool building to get new lease of life as homes

REGENERATION PROJECT: The Friarage Manor House. A DERELICT grade II listed building on Hartlepool’s Headland is set to be transformed into affordable housing in a £4.65m regeneration programme. Housing Hartlepool, which is part of the Thirteen Group, is spearheading the project to rescue the Friarage Manor House with support from Hartlepool Council. The scheme will support 40 jobs during the construction phase. “For Read more [...]

Cockpit rules change after crash

Airlines are changing procedures to ensure two crew members are in the cockpit at all times during flights following the French Alps plane disaster. The UK's Civil Aviation Authority said it had contacted all UK operators to urge them to review safety procedures in the wake of the tragedy, in which 150 people were killed. Airlines are altering their cockpit rules after the Alps crash Monarch, easyJet, Virgin Atlantic and Thomas Cook Read more [...]