Rentals & Shares

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Short-Term Rental Company Altido to Ramp Up Dealmaking as Antidote to Market Pressures

Short-Term Rental Company Altido to Ramp Up Dealmaking as Antidote to Market Pressures

Sean O'Neill, Skift

Altido, a short-term property management group based in Europe, plans to grow through bite-size mergers in 2020. Its new CEO seems right in saying that the dynamics driving the company's strategy speak to larger dynamics in the sector.

3 weeks ago

Why Some Short-Term Rental Tech Vendors Are Turning Away from Independent Hosts

Why Some Short-Term Rental Tech Vendors Are Turning Away from Independent Hosts

Wouter Geerts and Sean O'Neill, Skift

Short-term rental tech vendors are increasingly forced to pick a side: Focus on professional property managers or focus on the long tail of independent hosts. There's business in both, but understanding customer needs is paramount.

4 weeks ago

Airbnb Makes Debut in Google Vacation Rentals — For Now

Airbnb Makes Debut in Google Vacation Rentals — For Now

Dennis Schaal, Skift

In online travel, everything is tactical and not necessarily permanent. But for now, at least, those coveted Airbnb listings are appearing in Google's vacation rental pages in some European cities. This could have big implications for both companies if those listings remain.

4 weeks ago

Short-Term Rental Managers Look to Data for Smarter Pricing

Short-Term Rental Managers Look to Data for Smarter Pricing

Sean O'Neill, Skift

Nowhere is the need for a more tech-driven, business-oriented model for setting rates more clear than with short-term rental property management companies. Several startups aim to supercharge rate-setting with data-powered insights. But there's probably too many of these young companies for them to all survive long-term.

4 weeks ago

European Vacation Rental Business Awaze Targets More Acquisitions

European Vacation Rental Business Awaze Targets More Acquisitions

Patrick Whyte, Skift

The vacation rental sector is still pretty fragmented with plenty of single destination specialists still around. Awaze, with its private equity backing, wants to change this.

1 month ago

Booking.com’s New Star Ratings for Short-Term Rentals Shake Sector

Booking.com’s New Star Ratings for Short-Term Rentals Shake Sector

Sean O'Neill, Skift

If you believe internet ratings, you’d think everything sold online is above average. Booking.com appears to be trying to combat that problem in the short-term rentals sector by rolling out a rating system. The company risks upsetting some property managers by acting as self-appointed judge and jury of unit quality. But some travelers may like the additional context.

1 month ago

Marriott Drives Deeper Into Luxury Short-Term Rentals as a Loyalty Play

Marriott Drives Deeper Into Luxury Short-Term Rentals as a Loyalty Play

Sean O'Neill, Skift

Airbnb has nothing to worry about. Marriott is mainly interested in using rentals as a tool to build brand loyalty. So the Bethesda, Maryland-based hotel giant won't threaten the established players in short-term rental booking.

1 month ago

Booking Holdings Is Withdrawing From Google Vacation Rentals

Booking Holdings Is Withdrawing From Google Vacation Rentals

Dennis Schaal, Skift

Behind the scenes, there may be abundant reasons that Booking Holdings and Airbnb, for that matter, won't be dabbling in Google's vacation rentals business for the time being. Perhaps they are seeking to boost direct traffic or are unhappy with the economics and user experience. Expedia may be positioned to take some advantage.

1 month ago

Does Airbnb Really Need to Join Google’s New Vacation Rental Business?

Does Airbnb Really Need to Join Google’s New Vacation Rental Business?

Dennis Schaal, Skift

Do or die? Test and learn? Now or never? As Airbnb marches toward going public in 2020, a key question in many minds will be how Airbnb deals with Google — and at what price. There are no slam-dunk answers.

1 month ago

Announcing Skift Short-Term Rental Summit on December 5, New York City

Announcing Skift Short-Term Rental Summit on December 5, New York City

Brian Quinn, Skift

The short-term rental sector is rapidly expanding. Beyond key platforms in this sector, there is a growing ecosystem of property managers, startups and vendors that are competing to commercialize this space as regulators consider the rules and who's responsible for enforcing them. Find out who's joining Airbnb at this house party.

1 month ago

Google Elevates Vacation Rentals With Hotel-Like Treatment in Search

Google Elevates Vacation Rentals With Hotel-Like Treatment in Search

Dennis Schaal, Skift

Google is following its hotel playbook in giving its own vacation rental and apartments business preferential treatment in Google search. As antitrust regulators take a look at Google's practices, and if travel is part of the review, this twist will be high on the agenda.

1 month ago

Airbnb Says It Intends to Go Public in 2020

Airbnb Says It Intends to Go Public in 2020

Patrick Whyte, Skift

While $1 billion in revenue is impressive, it's not the first time Airbnb has achieved the number. What matters for the homesharing platform is the growth narrative. Now that the timing of the company's IPO is pegged for 2020, we know just how long we will have to wait to see how the story line plays out.

2 months ago