Articles tagged “vacation rentals”

Good morning from Skift. It's Wednesday, January 26, in New York City. Here's what you need to know about the business of travel today.

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.

HomeToGo has been outracing rivals and disproving doubters. The metasearch brand runs operations efficiently. For example, it offers a subscription model to property managers who list with it, and that model appears to be more consistently profitable than charging traditional pure commissions.

In a year when travel's recovery began, only to sputter, the pandemic was still a story for Skift that just kept giving. Our reporters and editors kept their heads down on crisis coverage, but shared some of the adrenaline too, on other worthy travel topics. Here's our team members' favorites, and how those stories came to be, in their own words.

Airbnb seemingly has a good plan in place to limit the possibility of disruptive New Year's Eve parties, but will the company's technology be able to weed out guests with a not-so-sterling history on the platform?

Vacasa's market cap comeuppance in its first day of trading doesn't have huge significance. Are many private valuations inflated these days? For sure. But Vacasa's debut in a SPAC deal is a milestone for a bevy of startups seeking similar paths.

Omicron won't deter Vacasa's debut as a publicly traded company as it takes advantage of the pandemic-era surge in vacation rental growth.

Dealmaking continues to avoid getting locked down, at least in the vacation rental sector.

Call it a vote of confidence in the holiday travel season: Travel marketers came back to Google and other outlets in a big way in October.

The vacation rental market is surging ahead, but that doesn't automatically lead to a profitable business for those operating in the space. But Vacasa's most recent quarter should give prospective investors more confidence.