Hotel News

Expedia CEO Is Bullish About the Future of Airbnb

Expedia partnered with HomeAway on vacation rentals last week. One day it is going to partner with or acquire a sharing economy company built in the Airbnb mold, depending how the market shakes out. When you are as big as Expedia, you can afford to sit back and see how things shape up.

Vacation Rentals in the U.S. Are Now a $23 Billion Industry

If Expedia was worried about angering hotels by pushing into vacation rentals, the cat is now officially out of the bag. Another factor behind the Expedia-HomeAway deal is that Booking.com has been making inroads in the U.S. with its 356,000 properties, and Expedia is hungering for more supply.

Customers Don’t Care About Green Hotels, One Way or Another

The hotel operators worry whether going green means sacrificing their service standards at times, and this study show it surely won't hurt. And there are bigger benefits beyond bookings, including energy savings and tax credits from local municipalities, among others.