Articles tagged “homeaway”

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.

12 months ago

Expedia Group’s Conundrum: Acquisitions or Share Repurchases?

Expedia Group’s Conundrum: Acquisitions or Share Repurchases?

Dennis Schaal, Skift

Expedia Group doesn't intend to hoard piles of cash for a rainy day. The company purports to favor share repurchases over acquisitions, all things being equal, but if a rainmaker of a deal comes along, then Expedia may pounce.

1 year ago

Tourism Is Up: So Why Is New York City’s Hotel Room Revenue Slumping?

Tourism Is Up: So Why Is New York City’s Hotel Room Revenue Slumping?

Danni Santana, Skift

With so many hotel rooms in the pipeline, a turnaround of slower revenue-per-room growth in New York City is not expected until after 2020. It's a classic supply-and-demand problem, making it a delicate balance to get pricing power back in a city where tourism remains hot.

1 year ago

Marriott Plays Catch-Up on All-Inclusives as Rivals Push Into Resorts

Marriott Plays Catch-Up on All-Inclusives as Rivals Push Into Resorts

Danni Santana, Skift

After years of standing on the sidelines, the world's largest hotel chain has committed to growing its all-inclusive portfolio organically. Keep an eye on Latin America and the Caribbean, which will be huge test markets for whether Marriott goes global.

1 year ago

Short-Term Rentals: How Professionalized Should They Become?

Short-Term Rentals: How Professionalized Should They Become?

Wouter Geerts, Skift Research

The short-term rental ecosystem, from property managers and platforms to business-to-business vendors, is rapidly expanding. As this continues, there is a fine balance to be struck where the sector professionalizes — without commercializing beyond recognition.

1 year ago

Capturing the Short-Term Rental Ecosystem Beyond Airbnb: New Skift Research

Capturing the Short-Term Rental Ecosystem Beyond Airbnb: New Skift Research

Wouter Geerts, Skift Research

The short-term rental sector is rapidly expanding, and it is not just Airbnb, Vrbo, and Booking.com that benefit from this. A growing ecosystem of property managers and B2B vendors are professionalizing the sector, while making a decent penny.

1 year ago

Expedia Faces Stiff Headwinds in Rebranded Short-Term Rental Business

Expedia Faces Stiff Headwinds in Rebranded Short-Term Rental Business

Dennis Schaal, Skift

When Expedia announced the acquisition of HomeAway in 2015, then-CFO Mark Okerstrom called it "a huge opportunity on a go-forward basis." Today, it still is, but now-CEO Okerstrom said the short-term rental business must strive to gain "harder yards." The ground game is tougher than anyone realized.

1 year ago

Marriott Is Officially Getting Into the Homesharing Business

Marriott Is Officially Getting Into the Homesharing Business

Deanna Ting, Skift

This news will trigger responses from elated to downright furious, whether you're a Bonvoy member, Marriott hotel owner, a property manager, or just someone concerned about the growth of homesharing around the world.

1 year ago

Airbnb, HomeAway Lose a Key Regulatory Battle in Southern California

Airbnb, HomeAway Lose a Key Regulatory Battle in Southern California

Edvard Pettersson, Bloomberg

What happens in Santa Monica could have serious implications for what ultimately happens in other cities throughout the U.S., New York City included.

2 years ago

Airbnb, HomeAway and Others Form International Vacation Rental Group in Japan

Airbnb, HomeAway and Others Form International Vacation Rental Group in Japan

Raini Hamdi, Skift

The big vacation rental players have formed an association in Japan, with the blessing of the Japan Tourism Agency. It may be a model for other Asian countries to follow.

2 years ago

Expedia to Hoteliers: Vacation Rentals Won’t Steal Your Business

Expedia to Hoteliers: Vacation Rentals Won’t Steal Your Business

Dennis Schaal, Skift

Expedia officials can try to assure hoteliers that the rise of alternative accommodations is no big deal for their businesses. But you can be certain that figuring out how to manage this changing dynamic is of paramount concern for all parties involved.

2 years ago

Booking Unveils Host Tools as Short-Term Rental Rivals Address Their Weaknesses

Booking Unveils Host Tools as Short-Term Rental Rivals Address Their Weaknesses

Dennis Schaal, Skift

Booking.com wants to service professional managers while going after individual vacation rental owners, too. Airbnb wants to tap into the professional-manager set while branching out into resort areas, and HomeAway wants to get more urban. These companies' offerings will converge, and it's likely their business models will, too.

2 years ago