Articles tagged “lyric”

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.

3 weeks ago

Airbnb Leads New $160 Million Funding for Short-Term Rental Brand Lyric

Airbnb Leads New $160 Million Funding for Short-Term Rental Brand Lyric

Deanna Ting, Skift

Can you be both a marketplace and a supplier at the same time? Airbnb certainly seems interested in testing that theory out.

5 months ago

A Closer Look at Sonder’s Tech-Focused Bet on Next-Gen Rentals

A Closer Look at Sonder’s Tech-Focused Bet on Next-Gen Rentals

Sean O'Neill, Skift

Hotel-style accommodations brand Sonder has hit on a plausible business that uses technology to wring out inefficiencies from key processes. But several questions still hover around its model, as investment money gushes into the segment.

6 months ago

Rental Brand Sonder Raises $85 Million on Soft Brand Boom

Rental Brand Sonder Raises $85 Million on Soft Brand Boom

Sean O'Neill, Skift

If you thought hotels had a lot of soft brands, wait until you see what's emerging in the vacation rental sector. The early success of the 25-year-old co-founder of Sonder is inspiring others.

1 year ago

Airbnb Plus’ Risky Bet to Push Homesharing to a New Level

Airbnb Plus’ Risky Bet to Push Homesharing to a New Level

Deanna Ting, Skift

If Airbnb is successful with Airbnb Plus, it will ensure that alternative accommodations are no longer seen as an alternative. But making it a success will be easier said than done.

1 year ago