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Short-Term Rentals
Good morning from Skift. It's Friday, May 27, in New York City. Here's what you need to know about the business of travel today.
Rashaad Jorden | 2 years ago
Online Travel
A humbled Oyo will keep trying for an IPO, but it will have to wait awhile longer.
Dennis Schaal | 2 years ago
Airbnb disrupted vacation rentals. Will short-term rentals take a chunk out of the hotel business? History shows that's a distinct probability.
Mergers and Acquisitions
It seems like it's business as usual for Oyo as it goes ahead with its acquisitions and alliances, all's still quiet on the IPO front.
Peden Doma Bhutia | 2 years ago
Tourism
Good morning from Skift. It's Friday, March 18, in New York City. Here's what you need to know about the business of travel today.
Coronavirus
Analysts signaled they like what's happening with Hyatt's push into more leisure-oriented properties following a nearly $2.7 billion acquisition.
Cameron Sperance | 2 years ago
Hotels
Among Softbank's holdings, Oyo does not appear to be another WeWork calamity. However, under the glare of being a public company, Oyo would be challenged to get to profitability, and to remedy its ongoing brand reputation challenges.
Stock markets, at their best, can be hype killers, and public investors shot down many inflated private company valuations in 2021. This may be a sobering development for IPO and SPAC wannabes in 2022.
Several travel-oriented, special purpose acquisition companies are out there that have not announced merger partners. A SPAC glut and the lackluster performance of several online travel or short-term rental companies that recently went public could have some of the hunters coming up empty.
Staying in professionally managed short-term rentals is no guarantee of an optimum guest experience. When your host's profile picture turns out to be a free stock photo, you can guess how this ended up.
Dennis Schaal | 3 years ago
