Booking's Smart Flex product is essentially another example of so-called fintech products that are making the travel industry more creative in solving problems for consumers and suppliers.
Airbnb plans to scale up worldwide a U.S. partnership with landlords who let their tenants host guests at their apartments. The multi-family market represents a mostly untapped greenfield for Airbnb. And vice versa.
Today's edition of Skift's daily podcast looks closer at hotel CEOs' optimism, new research about Vacasa's business, and a jet ordering battle in India.
Given that hotels and short-term rentals are competing for the same target audience, one cannot ignore the competitive dynamics between these two industries.
Vacasa, like the short-term rental sector overall, is coming off of a pandemic-fueled growth spree and faces the question of what comes next. Can Vacasa tap into first-party growth while scaling back cash-intensive investments? With investor patience running thin, the clock is ticking.
Airbed & Breakfast anyone? The rental sector have come a long way over the past decades. We recognize the 250 most prominent companies that shape the short-term rental industry today.