CorpHousing Group, which provides short-term rentals under the SoBeNY consumer brand, was slated to see its shares begin trading Friday on the Nasdaq Capital Market.
The short-term rental manager says the changes will let it turn cash flow positive next year, but it may face a cash squeeze before it gets there. Watch out for the very similar Vacasa, too.
It's a holiday weekend in the U.S. so what better time to break up the monotony of barbecues and beach, and burrow into a Securities and Exchange Commission filing about…
Tripadvisor CEO Steve Kaufer said Tripadvisor is "uniquely positioned as the world opens up again." Actually it isn't, as the company's first quarter performance shows. Yes, Tripadvisor has world-class traffic, and growing experiences and dining businesses, but it totally missed out on the short-term rental opportunity.
Long-struggling Yatra picked the day before India reopened its borders to kickstart its public listing plan. It's now got one year to convince investors online travel is the future in India.
Whether it is hotel-like commission levels on the online travel agencies, new product features, or market share gains, Tripadvisor was unabashedly selling the virtues of a Viator IPO — or deal. It's not a winner-take-all market, but rivals have narrowed any competitive gap.
You can look for plenty of wheeling-dealing behind the scenes as Tripadvisor mulls taking Viator public and investigates alternatives with potential buyers or partners.