Capital One closed a deal this month to acquire the Hopper tech that powered Capital One Travel, and hired around 150 Hopper employees. I reported exclusively five months ago that this deal was going to happen.
The Hopper tech acquisition, along with that of Discover and Brex, position Capital One Travel to get much more competitive with American Express and Chase Travel in going after luxury and business travelers.
Turns out you can probably find some entire-home short-term rental listings in New York City, after all, because hosts take lawfully registered listings and convert them into illegal ones. Airbnb isn't required to take any action to limit the practice — and apparently isn't doing so.
There's a loophole that doesn't require Airbnb to delist properties when hosts convert legal listings into illegal ones. Airbnb could help — but does it really want to?