Articles tagged “homesharing”

State of the U.S. Economy Isn’t a Worry So Far for Hilton CEO

State of the U.S. Economy Isn’t a Worry So Far for Hilton CEO

Danni Santana, Skift

Hilton CEO Chris Nassetta has always been an optimistic person, but financial markets aren't always so positive thinking.

10 hours ago

Skift Global Forum Preview: Expedia CEO Plays the Long Game in Short-Term Rentals

Skift Global Forum Preview: Expedia CEO Plays the Long Game in Short-Term Rentals

Dennis Schaal, Skift

Is Airbnb going to eat Expedia's lunch? The brand name Vrbo, really? Expedia CEO Mark Okerstrom faces some real challenges as the online travel agency pecking order will likely be disrupted in coming years.

1 week ago

Google Signals Its Vacation Rental Ambitions With Vacasa Direct-Connect

Google Signals Its Vacation Rental Ambitions With Vacasa Direct-Connect

Dennis Schaal, Skift

We've seen this playbook before. Google isn't making much money off its vacation rental business, and doesn't need to sweat it. With its domination of search, Google will take its time, build its global property numbers, and test what works. Competitors know what's coming.

2 weeks ago

Booking Holdings’ Push Into Homesharing Feels Like a Return to Its Roots

Booking Holdings’ Push Into Homesharing Feels Like a Return to Its Roots

Dennis Schaal, Skift

The hotel business was never an easy one for online travel companies. Far from it. But compared with the complexities of alternative accommodations, executives at Booking Holdings may come to regard the hotel business as a relative cakewalk.

2 weeks 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.

3 weeks ago

Don’t Expect Marriott’s Homesharing Business to Compete With Airbnb Just Yet

Don’t Expect Marriott’s Homesharing Business to Compete With Airbnb Just Yet

Danni Santana, Skift

Marriott took a big leap in launching its own short-term rental business to take on Airbnb. But it's definitely still too early to expect the world's largest hotel chain to challenge on that front.

1 month ago

Agoda Dubbed ‘Hotel California’ in Asia as Hotel Suppliers Say They Can Never Leave

Agoda Dubbed ‘Hotel California’ in Asia as Hotel Suppliers Say They Can Never Leave

Raini Hamdi, Skift

There appears to be a growing chorus of voices saying they are not able to completely delist themselves from Agoda, which begs the question why they want to do so in the first place.

2 months ago

How Loyalty Is Driving Marriott’s Luxury Rental Platform

How Loyalty Is Driving Marriott’s Luxury Rental Platform

Patrick Whyte, Skift

Marriott is obviously pleased with the initial response to its homesharing product. With Airbnb making a big play in the luxury sector, it will be interesting to watch how things shape up.

3 months ago

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.

3 months 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 months 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 months 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.

4 months ago