No Vote on NYC Bill to Ease Short-Term Rental Rules
A change is possible, but for now prospects for altering New York City's quasi ban of short-term rentals look darker than an alleyway in the Bowery.
Dennis Schaal is Skift’s Founding Editor and Executive Editor. Dennis has been a reporter focusing on online travel and short-term rentals for more than two decades at Skift, Tnooz, USA Today, and Travel Weekly. He is well-known for tough one-on-one interviews on stage at Skift events, including with the CEOs and top execs of Expedia, Uber, Booking Holdings, Priceline, Kayak, Hopper, and more.
Airbnb Passed, Expedia Pounced: Inside Tiqets’ Long Road to a Sale: Scoop
That Airbnb didn't acquire Tiqets for its own experiences business after leading a Series C funding round, didn't give Tiqets much street cred. The Expedia deal couldn't have been a very substantial one for investors given the lack of financial disclosures.
Exclusive Resorts Wins Fight for Inspirato in $59 Million Deal
There was too much logic to keep this Exclusive Resorts-Inspirato merger from taking place. And there was too much illogic in Inspirato's abandoned combination with car marketplace Buyerlink.
An Existential Threat? Booking Exec Sees AI as an Expansion Opportunity
Booking's CFO thinks artificial intelligence can put his company on the offensive rather than the defensive. The odds are long but based on past performance you can't count them out.
Expedia Agrees to Buy Experiences Platform Tiqets to Bolster Its B2B Offering
Expedia's acquisition of Tiqets is the latest indication of the online travel agency's B2B tilt. It's certainly a niche that provides Expedia with an open lane.
Cracks Emerge in the Online Travel Agency Oligopoly
It's extremely difficult to see how the online travel agencies emerge from the LLM platform shift unscathed.
Southwest Airlines Exec Defends Changes, Says Network Is a ‘Huge Differentiator’
With no fees for the first two bags, Southwest pitched itself as a maverick airline going against the grain. The airline's marketing department has a major challenge now that a lot of the airline's unique attributes are gone.
Evolve Acquired 1,000 Owner Contracts From Casago
One thousand owner contracts likely attracted interest from other property managers besides Evolve. These contracts fit in with Evolve's business, and not so much for Casago.
Amex GBT Is Exploring a Sale
Amex GBT is the dominant force in corporate travel, and it can use a massive AI-led tech makeover to fulfill its promise, including finally making meaningful headway with both the small business and unmanaged business travel markets.
Capital One Set to Acquire Hopper Travel Software and Hire Key Hotel and Engineering Staff: Scoop
A new deal may serve to loosen the Capital One-Hopper partnership. Meanwhile, Hopper CEO Fred Lalonde co-founded and chairs a climate company: Doesn't a struggling Hopper require his full-time attention?