Local Law 18 hasn't yet led to a significant amount of additional long-term housing in NYC and hotels are thriving. But small-time hosts have lost a key source of income. Modifications, and a more balanced approach, are needed.
Just in time for U.S. football season, Vrbo comes out with a hilarious ad about the vacation rental host in a shared space that you never want to meet. Even if it's in an Airbnb Room.
Short-term rental hosts are increasingly relying on amenities – like pools, hot tubs and mini golf – to make their listings stand out from the competition, and some say the end result is an “amenities arms race.”
Some travel companies have been reporting signs of a slowdown. But recent data – from AAA, the TSA and now, short-term rental bookings – suggest a strong holiday weekend.
While Vrbo's new ad campaign to attract hosts doesn't mention its competitor Airbnb by name, Expedia’s smaller short-term rental platform keeps poking at what makes it different from the industry juggernaut.
Sonder has recently struggled, having not been profitable since going public in a blank check deal in 2022. The heft of Marriott's distribution system will boost the company. Marriott will gain access to Sonder's units, many of which are roomy apartment-style lodging and in neighborhoods where it's hard to build hotels.