New York City’s Big Short-Term Rental Deadline
Today's edition of Skift's daily podcast looks closer at New York City's short-term rental backlog, booking travel on Google, and a cricket travel bump in India.
Airbnb News
What started as AirBedandBreakfast.com has grown into a massive public company that IPOd in 2020. Airbnb is now the world’s largest online alternative-accommodation community, allowing millions of users to list, search, and rent authentic homestays and vacation-rental experiences in countless cities across the globe.
New York City Has Approved Only 257 Short-Term Rental Registrations Ahead of September 5 Deadline
New York City's short-term rental choices will be a shadow of their former selves starting September 5. That's good for neighbors tired or parties and nuisances, but bad for hosts and travelers looking for affordable visits.
Vrbo Reverses Long-Standing Guest Refund Policy in Maui
Vrbo risks a host backlash but is doing the right thing for guests. As opposed to the articulated policies, how this all works out in practice is another matter.
Airbnb, Booking and Expedia Generate Strong Cash Flow
Today's edition of Skift's daily podcast looks closer at online travel agencies’ cash flow, Saudi Arabia’s tourism investments, and Virtuoso’s sales boom.
Airbnb and Booking Keep the Cash Flowing
We saw during the pandemic how important it was for companies to have plenty of cash and the ability to borrow more. Airbnb and Booking Holdings have ample resources for big things on their to-do lists.
Hotels and OTAs First-Half Report: Growth Shifts to Europe and Asia
The major hotels and OTA companies reported strong earnings this month, signaling robust travel demand despite economic uncertainties. The companies most skewed to Asia now offer the greatest potential for growth and share price gains.
Airbnb Comes Up Short In New York Ruling
A New York state court judge dismissed an Airbnb lawsuit against New York City, ruling the city had a right to require host registration and licenses, and that it was reasonable to require that Airbnb — and other platforms — verify that listings have licenses, or face penalties.
Hyatt Sees a Business Travel Rebound
Today's edition of Skift's daily podcast looks closer at Hyatt's business travel optimism, Lufthansa's strong signs, and Airbnb's international playbook.
Airbnb’s Playbook Is to Beat Hotels on Price and International Expansion
Airbnb, a household name brand that claims 90% of its platform traffic arrives without marketing, clearly has substantial advantages in international expansion over competitors.
Expedia Plays Long Game as it Awaits Fourth Quarter Finish to Vrbo Tech Shift
Expedia Group should have most of the pieces in place at the end of the year to complete key elements of its transition. Then we'll have to see how well it executes on these new planks in reality.