We all know Airbnb will go public someday — it's just a question of when. When will it finally be ready — and what does the company need to do before it does?
It's clear that AccorHotels needed to do something to turn Onefinestay around and by combining it with its other rental businesses it will at least be able to improve its reach. But at the same time one of the draws was the "handpicked" nature of the properties, which will surely be lost by increased scale.
Onefinestay is a nice idea but like so many other nice ideas it isn’t a profitable one, at least not yet. AccorHotels has a lot of work to do to turn the business around and justify the millions of dollars it has already spent.
As Airbnb becomes bookable through the online booking tools of corporate travel management companies, its acceptance in corporate travel policies will likely rise as well.
Solo female travelers often pay more to be safe on the road. Paying less for safety is certainly novel, and if Overnight can get enough female-friendly listings onto its platform, that could be promising.
If nothing else, Airbnb will be hoping the funding gets it some much-needed good public relations at a time when it is coming under increasing pressure in several key European cities.
With these new features, it's clear Airbnb wants to reduce discrimination on its platform, sign on more vacation rental managers, and generate more bookings. But is this enough to keep hosts happy?
It’s no question that many modern business travelers are seeking alternative accommodations to customize their travel experience. In this overarching examination of the overall state of the corporate travel market, we’re breaking down what Airbnb for Work can add to a managed travel plan for travelers and travel managers alike.
For years, Airbnb, Booking.com, Expedia's HomeAway, and TripAdvisor have been scrambling for market share in vacation rentals to drive consolidation. But TripAdvisor says it is now focused on "quality" listings, rather than quantity.