Airbnb Notches First Full-Year Profit
Cities are indeed coming back, which seemingly counter-intuitively could present an average daily rate challenge for Airbnb. These pressures, though, are manageable.
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.
Saudi Arabia Opens Up to Airbnb-Like Rentals
By allowing locals for the first time to rent out properties to tourists, Saudi Arabia is not just trying to keep pace with growing demand, but is also trying to make the destination more accessible. Over to the locals.
Simplifying Booking Friction for Tour Operators on the Digitization Gap
The experiences sector is the notorious last frontier of digitization that sees consumers yo-yoing from online to offline and everything else paper-based in between. A modern booking system is a good starting point for any effective digital strategy.
Online Travel Companies Make a Bundle Investing Customer Cash
The major thing new in online travel companies holding onto customer cash and investing it is that interest rates are a lot higher, and they are taking advantage. The rich get richer.
For Daily Lodging Report Subscribers
Short-Term Rental Crackdown in New York City
New York City’s latest plans to crack down on illegal short-term rentals, possibly removing as many as 10,0000 Airbnb listings later this year, is sparking furious debates about housing, hotels, the tourist market and residents’ rights.
Airbnb Warns a Puerto Rico Bill Would Essentially Ban Short-Term Rentals
Pending legislation in Puerto Rico would limit the use of short-term rentals in residential areas to 30 percent of the property, a move that an Airbnb official characterized as a…
The Expedia Case For and Against Keeping Orbitz and Travelocity
In Expedia Group's efficiency drive, there's a certain logic to killing some sub-brands as their market share plummets. But what about all those customers who still love Travelocity?
Booking Holdings Business Model Was Slowing Things Down Pre-Covid
Payments, flights and short-term rentals are paying off so far for Booking as part of its connected trip strategy. That's true even if there are doubts about travelers wanting to book their entire trip on one platform.
A Brief Look at 16 New Travel Megatrends for 2023
Today’s edition of Skift’s daily podcast looks at our new Megatrends for 2023, Airbnb's attempt to hamper human trafficking, and American Airlines' possible pilot regrets.