Srividya Kalyanaraman

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Short-Term Rentals

Vacation Rental Management Platform Hostaway Raises $175 Million

Hostaway's first major fundraise fits in with its ambition to grow both organically and inorganically. Given the size of the round, it's likely that there is some acquisition in the offing.

Vacation Rental Management Platform Hostaway Raises $175 Million

Short-Term Rentals

Blueground Buys a Rival Housing Platform to Help Launch a Partner Network

Blueground's second acquisition this year is part of its strategy to build a global accommodation network, listing third-party inventory.

Blueground Buys a Rival Housing Platform to Help Launch a Partner Network

News Blog

Evolve Lays Off 14 Percent of Its Staff

Vacation rental property manager Evolve is laying off 14 percent of its staff — or 164 employees. In a memo to employees, Evolve’s chief executive officer Brian Egan wrote “We are operating in a market that has become increasingly dynamic and volatile. Specifically, marketwide supply growth has considerably outpaced demand growth, which has led to…

Short-Term Rentals

a&o Hostels Idea: Take ‘Dirty, Ugly’ Buildings, Make Them Sustainable

a&o is part of the hospitality industry that honors refuse, repurpose, reduce as the new slogan in achieving its net-zero goal. And giving new life to old buildings on the way.

a&o Hostels Idea: Take ‘Dirty, Ugly’ Buildings, Make Them Sustainable

Short-Term Rentals

There Were Fears of an Airbnb Slowdown But Then Summer Travel Demand Kicked In

Airbnb naysayers don't have to lose sleep over tanking stock prices just yet. Contrary to the market response to a purported "bookings slowdown," summer travel demand is still high.

There Were Fears of an Airbnb Slowdown But Then Summer Travel Demand Kicked In

Short-Term Rentals

HomeToGo Sees Record Booking Revenue, On Track to Break Even This Year

At a time when other vacation rental companies that went public in special purpose acquisition company, or SPAC, deals are struggling, HomeToGo is paving its way toward profitability.

HomeToGo Sees Record Booking Revenue, On Track to Break Even This Year

News Blog

Hospitality Tech Company Yanolja Cloud Buys Travel Tech Provider Go Global Travel

South Korean company Yanolja Cloud, which offers AI-based SaaS solutions for the hospitality and leisure industries, has acquired Israeli B2B travel tech provider Go Global Travel. Go Global Travel distributes its inventory of hotels and other travel products from 200 countries to over 20,000 client partners. Through this acquisition, Yanolja Cloud has significantly expanded its…

News Blog

Blackstone Sells Stake in Travel Tech Company IBS Software For $450 Million

Blackstone sold its stake in Indian software company IBS Software for $450 million to British private equity firm Apax Partners.  Founded in 1997, IBS Software sells software-as-a-service solutions to the global travel and logistics industry. The company’s offerings include modular, cloud-based solutions for the travel industry — including cargo and logistics, flight operations, passenger services,…

Short-Term Rentals

Airbnb’s New Strategy to Re-Engage Gen Z

Airbnb's strategy boils down to this: Staying relatable to the typical 26-year-old could give the company an edge over rivals who often woo older travelers.

Airbnb’s New Strategy to Re-Engage Gen Z

News Blog

Airbnb CEO Brian Chesky Hints at More Upgrades This Summer

Airbnb released a host of new upgrades and features in its summer release last week. Airbnb chief executive officer Brian Chesky has promised to work on more. In a response to a suggestion from a user on Twitter, Chesky hinted at working on: lower cleaning fees, better search & filters, verified listings, better customer service,…