Whether it’s via Whimstay or others, the Hotwire-like selling of last-minute inventory for vacation rentals is destined to find a role in this very hot sector.
Airbnb broke things as a startup, but a second generation of executives starting in 2013 knew the maturing business had to start playing by some of the rules. Part II of this oral history details many of these changes, as well as the clash between individual owners and property managers.
Emerging digital nomad "trading routes" was just one revelation at Skift’s Future of Lodging Forum this week, and traditional hotel companies have plenty else to learn from hospitality startups embracing new future of work trends.
Marriott Bonvoy members account for about 90 percent of bookings on the company's Homes & Villas short-term rental platform, and access to that pool of customers is a strength, the unit's leader said. This pool of potential customers helped fuel Homes & Villas' 30-fold growth since its 2019 launch.
The pandemic boosted the growth of the already flourishing short-term rentals sub sector of the European accommodation market. It is still to be seen how the various sub sectors will compete to define the market landscape.
How we live, work, socialize and travel have merged into each other, with profound implications for the global industry at the center of selling this dream. How will travel respond?
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.
Tripadvisor CEO Steve Kaufer said Tripadvisor is "uniquely positioned as the world opens up again." Actually it isn't, as the company's first quarter performance shows. Yes, Tripadvisor has world-class traffic, and growing experiences and dining businesses, but it totally missed out on the short-term rental opportunity.
The vacation rental industry often touts the esprit de corps among industry lifers. Greeted with Booking.com ads for hosts at an Expedia partner conference in Sin City this week, Expedia officials weren't feeling that vibe.