Rentals & Shares

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HNA Group Is Selling Stake in Hilton Grand Vacations as Asset Disposals Accelerate

HNA Group Is Selling Stake in Hilton Grand Vacations as Asset Disposals Accelerate

Patrick Clark, Bloomberg

China wants HNA Group to dispose of some of its foreign assets, so it's no surprise it's selling its stake in Hilton Grand Vacations. That investment was a good one — up about 88 percent from what it paid in just one year.

1 month ago

New Skift Research Report: Decoding the Modern Vacation Rental Technology Landscape

New Skift Research Report: Decoding the Modern Vacation Rental Technology Landscape

Seth Borko, Skift Research

Vacation rentals are grappling with how to meet and exceed guest expectations across a fragmented market. As the industry grows, this challenge only gets tougher. A new generation of fast-evolving technologies could be part of the solution.

1 month ago

Airbnb Hires Amazon Prime Leader to Head Its Homes Business

Airbnb Hires Amazon Prime Leader to Head Its Homes Business

Deanna Ting, Skift

Can Greeley do for Airbnb Homes what he did with Amazon Prime? And if yes, is that, ultimately, a good thing? Is his appointment a sign that Airbnb is moving even further away from hospitality and gravitating that much closer to just being like any other massive online travel giant?

2 months ago

Hyatt Extends Loyalty Program to Include Its Luxury Oasis Rentals

Hyatt Extends Loyalty Program to Include Its Luxury Oasis Rentals

Deanna Ting, Skift

When will the other big hotel companies like Marriott and Hilton begin to take the sharing economy more seriously?

2 months ago

Airbnb Struggles to Balance Its Past and Future

Airbnb Struggles to Balance Its Past and Future

Deanna Ting, Skift

In which we try to make some sense out of what we know Airbnb is doing now — and what it hopes to be doing over the next 10 years.

2 months ago

Airbnb Plus and Everything CEO Brian Chesky Just Announced

Airbnb Plus and Everything CEO Brian Chesky Just Announced

Deanna Ting, Skift

To be honest, we weren't very surprised by Thursday's launches. In fact, we wondered why they haven't been launched sooner. But for the most part, all of them certainly seem in step with Airbnb's plans for being much more than just about any other travel brand or company out there.

2 months ago

Wyndham Sells Its European Vacation Rental Business to a Private Equity Firm for $1.3 Billion

Wyndham Sells Its European Vacation Rental Business to a Private Equity Firm for $1.3 Billion

Deanna Ting, Skift

Sorry, Airbnb. Those who follow the vacation rental business closely had a hunch that the business would be gobbled up by private equity and they were right.

2 months ago

Airbnb Lobbying Contributed to Its Cuba Win as Hotels Came Up Short

Airbnb Lobbying Contributed to Its Cuba Win as Hotels Came Up Short

Olivia Zaleski, Bloomberg

While the U.S. hotel industry took its lumps when the Trump administration revised U.S. Cuba policy in November, Airbnb spent $250,000 to lobby everyone from the Senate to the National Security Council and got a concession to maintain the viability of U.S. travelers staying in Airbnb rentals on the island. The company's lobbyists even worked with disgraced former Trump campaign manager Paul Manafort.

2 months ago

Airbnb Is Set to Launch a New Tier of Select Properties

Airbnb Is Set to Launch a New Tier of Select Properties

Deanna Ting, Skift

You know the saying, "The more things change, the more they stay the same"? When it comes to Airbnb's new endeavors in the accommodations space, it is certainly being inventive, but the company is also borrowing heavily from what hotels have been doing for centuries.

2 months ago

Airbnb Hedge Fund Report Is a Sign That This Unicorn Is Growing Up

Airbnb Hedge Fund Report Is a Sign That This Unicorn Is Growing Up

Seth Borko, Skift Research

Headlines can often miss a key point: Airbnb has a positive and growing cash flow. Airbnb was already in a small club of highly valued startups, but there's an even more elite group, those that can turn a profit.

2 months ago

Airbnb Strikes Deal to Make a Bigger Hotel Push

Airbnb Strikes Deal to Make a Bigger Hotel Push

Deanna Ting, Skift

Anyone willing to bet that you may find your favorite "mass-produced" hotel chains on Airbnb in the not-too-distant future?

2 months ago

The Inside Story of Airbnb’s Management Shakeup and Battle to Stay Private

The Inside Story of Airbnb’s Management Shakeup and Battle to Stay Private

Olivia Zaleski and Eric Newcomer, Bloomberg

Who needs an IPO when you can control the limits of space and time on an "infinite time horizon" like Airbnb CEO Brian Chesky? Also, if two-thirds of the company's profits were being generated by ex-CFO Tosi's hedge fund within the company, how will the company fare without him?

2 months ago