4 Takeaways From Airbnb’s Second Quarter Report
Airbnb's revenue stream wasn't as internationally diverse in the second quarter as it was pre-pandemic, but it is slowly creeping back to that level as international markets open.
Future of Lodging
As the lines continue to blur between hotels and short-term rentals, Skift is focused on the technology and the consumer behaviors that are driving this. Follow our coverage across the wide world of lodging, from traditional hotels and motels to urban short-term rentals and traditional vacation rentals.
Graduate Hotels Enters Short-Term Rentals With Eye on College Football Fans
Expect other hotel brands to watch the Graduate Hotels' experiment. Professionally managing vacation rentals may be a path for hotels to expand their reach while minimizing some risks.
Expedia’s Increased Focus on Its Partner Business Is Starting to Pay Off
Expedia Group's strategy to reshape the company is starting to come together, as shown in its partner business. But the grand master plan is a multiyear endeavor.
Booking Holdings Boosts Discounting to Capture Bigger Share of Travel Budgets
Booking is placing a new emphasis on discounting versus its traditional reliance mostly on marketing. Expect more fintech and loyalty offerings.
Airbnb Touts Its Resilience to Any Kind of ‘Economic Shock’
Companies like Airbnb might be diversified enough to hedge against certain challenges. Still, no company is immune from economic downturns and calamities.
Airbnb’s 10-Fold Increase in Host Cancellation Fees Could Benefit Guests
Increasing host penalties for unjustified cancellations isn't necessarily a bad thing unless innocent hosts get caught up in the dragnet.
Google Searches for Summer Trips Doubled in Q2
Searches for travel — and retail items — propelled Google's advertising business in the second quarter, although one executive acknowledged that the travel sector is "experiencing some challenges."
7 Takeaways From Online Travel Agencies Slugging It Out on Mobile
Once dismissed as a commission-free loss leader, flights are a new battleground as Expedia and Hopper compete over keywords and customers on mobile.
Marriott Vacations to Get New CEO as Timeshare Sector Faces Higher Hurdles
You may not personally want to buy a timeshare. But the sales pitch for the timeshare business can still reveal valuable intel about broader trends, such as cross-marketing tactics and the rise of subscription clubs.
The Highest Paid Hotel CEOs
Take a look at last year's hotel CEO compensation tables. The top bosses did well, and why not? Navigating the pandemic was tricky. Yet there was a wide disparity in the pay between most CEOs and workers. That's harder to defend.