Articles tagged “alternative accommodations”

Expedia Shuts a Short-Term Rental Biz It Created From 2 Acquisitions

Expedia Shuts a Short-Term Rental Biz It Created From 2 Acquisitions

Dennis Schaal, Skift

Expedia Group is trying to simplify its far-flung operations, and its multifamily, short-term rental business wasn't a core endeavor. That's especially true when you consider how Covid-19 has decimated demand for such properties in urban areas.

2 days ago

Booking Holdings Sees First Signs of Changing Traveler Behavior Brought on by Pandemic

Booking Holdings Sees First Signs of Changing Traveler Behavior Brought on by Pandemic

Dennis Schaal, Skift

Will it be hotels or alternative accommodations that bounce back first? Booking Holdings officials said they see a shift toward alternative accommodations when travelers are booking stays at least two months in advance. But this trend won't necessarily stick over the long term.

3 weeks ago

Airbnb’s Valuation Almost Halved to $18 Billion

Airbnb’s Valuation Almost Halved to $18 Billion

Dennis Schaal, Skift

Love it or hate it, you can hardly blame Airbnb for a deflated valuation, although not all of the plunge is coronavirus-related. The pain that is infecting travel and other companies at this moment is boundless.

2 months ago

Tripadvisor Is Trying to Sell Its Vacation Rental Businesses

Tripadvisor Is Trying to Sell Its Vacation Rental Businesses

Dennis Schaal , Skift

Some might consider it ironic that there's been a lot of talk about the possibility of Expedia Group shedding assets, but Tripadvisor is the one actively trying to sell its vacation rental businesses. There has been speculation for some time that Tripadvisor would make such a move — and now it's actually happening.

3 months ago

Airbnb-Backed Rental Manager Lyric Restructures to Focus Just on Key Cities

Airbnb-Backed Rental Manager Lyric Restructures to Focus Just on Key Cities

Dennis Schaal, Skift

Restructuring in itself isn't necessarily the worst thing in the world for a company, although fired employees might not see it that way. This is at least the second recent and high-profile Airbnb investment. The other, with Oyo, doesn't appear to be proceeding according to plan, either.

3 months ago

Trivago Tests New Marketing Strategy and Products After ‘Rough’ Fourth Quarter

Trivago Tests New Marketing Strategy and Products After ‘Rough’ Fourth Quarter

Dennis Schaal, Skift

Trivago CEO Axel Hefer said the company will focus on those things it can control. But the issue for Trivago and some competitors is that there is so much they can't control, including Google's incursions, the rise of Airbnb, and the whims of major online travel agency advertisers when they cut their metasearch spend.

4 months ago

Short-Term Rentals a Key Factor in Sluggish Hotel Rate Growth

Short-Term Rentals a Key Factor in Sluggish Hotel Rate Growth

Dennis Schaal , Skift

U.S. hoteliers are finding their pricing options constrained because of an influx of both short-term rental supply during peak periods, and because of hotel construction. Hoteliers may decide to get into the short-term rental market or not, but they increasingly have to take it into account when fine-tuning pricing strategies.

4 months ago

Sonder Adds Former Starwood Hotels CEO to Board

Sonder Adds Former Starwood Hotels CEO to Board

Patrick Whyte, Skift

Adding someone as experienced as Frits van Paasschen to its board is a sure sign that Sonder is serious about making a big leap forward in 2020.

4 months ago

6 Takeaways From Airbnb’s Manifesto on Stakeholder Capitalism Ahead of Davos

6 Takeaways From Airbnb’s Manifesto on Stakeholder Capitalism Ahead of Davos

Dennis Schaal, Skift

Airbnb has legions of critics, and it knows that its articulated stakeholder goals will get intense scrutiny. But if the company turns some of these corporate governance aspirations into reality, then it could emerge looking pretty good compared with many established travel industry companies offering just lip service.

4 months ago

Google Vacation Rental Partners Diverge on Whether to Name Guests in Reviews

Google Vacation Rental Partners Diverge on Whether to Name Guests in Reviews

Dennis Schaal, Skift

Booking sites' guests reviews on Google have been a highly charged issue for years. The latest is that Airbnb and TripAdvisor are willingly giving Google their guest reviews of vacation rentals, but they are busy figuring out how not to give away the store in the process.

5 months ago

Airbnb Will Roll Out Policy That Aims to Protect Hosts From Scheming Guests

Airbnb Will Roll Out Policy That Aims to Protect Hosts From Scheming Guests

Dennis Schaal, Skift

Many Airbnb hosts of the mom-and-pop variety — yes, there are a few left — feel aggrieved when they welcome guests into their homes and have to bear the consequences of hostile reviews penned with the worst intentions. Airbnb is trying to tip the balance back toward hosts — and is probably making neither party totally happy.

5 months ago

5 Smart Insights for the Short-Term Rental Industry

5 Smart Insights for the Short-Term Rental Industry

Sean O'Neill, Skift

The short-term rental market is a long-term growth sector. Yet its dynamics are being upended as professional management becomes popular and online travel companies seek smarter ways to sell the lodging. Here are several takeaways from Skift's first event to focus on the sector's opportunities.

6 months ago