Is Sonder a short-term rental operator of multi-unit apartments or a hotelier? Well, it's both, and the new collection is geared to help guests discover the difference.
Despite a couple of rounds of layoffs since the middle of last year, Sonder hired 97 new, non-executive employees, and gave them all stocks options, as is the company's practice.
Marriott International is debuting an extended-stay brand in the U.S. and Canada. Why buy a startup like Placemakr or Limehome when you can build your own brand?
A new generation of apartment-booking platforms want to throw out industry terms like "short-term rentals" and "leases." They simply call it living, and they’re now after corporate business.
The conventional wisdom in the U.S. and Europe has been that business travel will be slow to recover easing out of the pandemic and that emerging markets in Latin America, such as Brazil, will have a snail-like rebound, too. Travel startup Casai is gambling that both ideas are wrong.
When residents of an apartment complex are away, Orion Haus lists and rents the units on their behalf as short-term rentals. A major new deal makes Orion Haus the largest of the apartment management companies, such as Daydream and Natiivo, that are professionalizing the short-term rental sector.
Behind the scenes, there may be abundant reasons that Booking Holdings and Airbnb, for that matter, won't be dabbling in Google's vacation rentals business for the time being. Perhaps they are seeking to boost direct traffic or are unhappy with the economics and user experience. Expedia may be positioned to take some advantage.
Google is following its hotel playbook in giving its own vacation rental and apartments business preferential treatment in Google search. As antitrust regulators take a look at Google's practices, and if travel is part of the review, this twist will be high on the agenda.
Booking Holdings' Glenn Fogel, whose background is in mergers and acquisitions, was undoubtably not surprised when Airbnb bought HotelTonight. We'd be shocked if he and others hadn't kicked the tires.