Articles tagged “short-term rentals”

Airbnb Outlines 2021 Vision After Weathering $4.6 Billion Pandemic Year Loss

Airbnb CEO Brian Chesky said what the company's customers really want are unique stays and experiences offered by individual hosts. That means expanding Airbnb's hotel business doesn't seem to be the priority it once was. And, oh yeah, the proliferation of corporate hosts like Sonder and others, doesn't mesh with what Chesky believes travelers desire.

Airbnb Announces Major Global Advertising Campaign to Tout Hosting

Airbnb felt the heat in 2019, pre-Covid, when it leaned into performance marketing on Google, and didn't get the results it hoped to achieve. In its first major campaign of 2021, Airbnb is mounting a global branding advertising blitz on YouTube (owned by Google) and television in five countries. The campaigned is geared toward expanding the ranks of hosts.

Marriott’s Arne Sorenson Upended Travel Distribution

Arne Sorenson was a maverick in his own way. He quietly visited Airbnb headquarters in 2014 to get a better understanding of short-term rentals, which culminated in Marriott's Homes & Villas. And he found a way to have a mutually beneficial relationship with those "evil" online travel agencies.