Articles tagged “homesharing”

Vietnam’s Homesharing Surge Creates Bargains for Travelers

Vietnam’s Homesharing Surge Creates Bargains for Travelers

Raini Hamdi, Skift

The Vietnamese are known for their entrepreneurial spirit. A growth spurt in homesharing listings shows how eagerly they have sought a share of the tourism boom. But yields are falling even as the supply of homes and hotels are continuing to increase. Crunch time is near or perhaps even here.

1 week ago

Marriott Homesharing Strategy Is About Guest Loyalty, Not Profits

Marriott Homesharing Strategy Is About Guest Loyalty, Not Profits

Dennis Schaal, Skift

Some hotel chains, such as Marriott, feel they have no choice but to get into homesharing. Marriott is trying to turn it into a loyalty play to keep its customers engaged with the brand.

3 weeks ago

Airbnb Says Japan Listings Have Soared Back After Last Year’s Freeze

Airbnb Says Japan Listings Have Soared Back After Last Year’s Freeze

Pavel Alpeyev and Olivia Carville, Bloomberg

Airbnb invested $30 million to return the number of listings year-ago levels, before Japan implemented the Minpaku law. Good that it did this well before the 2020 Olympics. But there’s more competition now as hotel supply has increased. Even disruptive players such as Oyo Hotels and Homes are in the ring.

3 weeks ago

We Can Put the Quality Into Homesharing, Say Hotel CEOs

We Can Put the Quality Into Homesharing, Say Hotel CEOs

Danni Santana, Skift

It used to be that hotel CEOs outright dismissed homesharing. But now that more hospitality companies are taking the plunge, the top brass is making the case for why the hotel giants can do it better.

3 weeks ago

Amsterdam Considers Home Rental Ban to Limit Overtourism

Amsterdam Considers Home Rental Ban to Limit Overtourism

Ruben Munsterman, Bloomberg

Amsterdam has already limited homesharing and is considering a total ban in popular neighborhoods. Stronger permitting for legit bed-and-breakfast operators will probably be more sustainable than an outright ban, if the goal is to improve life for locals.

4 weeks ago

Airbnb Eliminates Some Guest Fees to Take on Booking Holdings

Airbnb Eliminates Some Guest Fees to Take on Booking Holdings

Dennis Schaal, Skift

Airbnb is clearly now well down the path toward a host-only fee structure. Chalk it up to its push toward onboarding hotels, which don't charge guest fees, and Airbnb's competition with Booking.com, which sees guest fees as unholy.

4 weeks ago

Skift Forum Asia: China Is on Track to Be Airbnb’s Top Origin Market by 2020

Skift Forum Asia: China Is on Track to Be Airbnb’s Top Origin Market by 2020

Dennis Schaal and Deanna Ting, Skift

Will Airbnb be able to break through in China and other parts of Asia Pacific where other Western companies have fallen off their scooters? We'll discuss these issues with Siew Kum Hong, one of Airbnb's earliest employees in the region, at Skift Forum Asia in Singapore.

1 month ago

CEO Hints Booking Holdings Is Ready to Buy More Companies

CEO Hints Booking Holdings Is Ready to Buy More Companies

Sean O'Neill, Skift

Falling victim to the so-called law of large numbers, Booking Holdings saw its total revenues for the first quarter drop 3 percent from the prior year. Industry ears perked up when CEO Glenn Fogel mentioned mergers and acquisitions as a possible tactic to reignite growth a few times during an investor conference call.

2 months ago

IHG Likes Third-Party Bookings When Other Hotels Prefer Direct Reservations

IHG Likes Third-Party Bookings When Other Hotels Prefer Direct Reservations

Dennis Schaal, Skift

InterContinental Hotels Group has frequently been contrarian over the years when it comes to travel distribution. The chain recognizes that not all guests are brand loyal, and that it is wise to maintain healthy relationships with online travel agencies and metasearch engines.

2 months 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.

2 months ago

Hyatt CEO Found Homesharing Experiments ‘Challenging’

Hyatt CEO Found Homesharing Experiments ‘Challenging’

Deanna Ting, Skift

But Mark Hoplamazian didn't say Hyatt would never try it out again.

2 months ago

H​ilton Feels No Pressure From Marriott to Jump Into Homesharing

H​ilton Feels No Pressure From Marriott to Jump Into Homesharing

Deanna Ting, Skift

Hilton is focusing on the same things as everyone else in hotels today: loyalty, technology, and marketing. But what about taking on Airbnb directly in homesharing? Don't count on it anytime soon.

2 months ago