The U.S. vacation and short-term rental market has seen its supply growth rate drop in half over two years. It's like watching a sprinter decide to take up power walking.
With fraud a substantial problem in online travel these days, Airbnb is undertaking the mammoth task of trying to verify listings. The process is easier for professional hosts.
Sonder will have to see if it can make its pricing competitive while eliminating cleaning fees as a separate guest charge. There could be some reputational upside if the financials work out.
Viceroy may be able to accelerate its growth and brand awareness given Highgate's scale and track record. Of course, that is if Highgate can execute well after the deal closes.
Airbnb has promoted a tale about the composition of hosts on its platforms, a saga contradicted by AirDNA research. It's time for Airbnb to be more transparent.
Expect more mergers among hotel management companies until there are approximately 10 companies left in North America for the most competitive markets.
Short-term rental owners in locked-down countries undoubtably suffered or went out of business in 2021. But for many owners in the U.S., it was the best of times, and their revenue soared. One wakeup call — there may not be an adequate number of listings to meet demand.
Riding the hot vacation rental market, TurnKey Vacation Rentals did well for its investors — especially if the Vacasa stock price holds up in its pending public market debut.