Articles tagged “real estate”

Tourism

New York City’s Post-Pandemic Tourism Recovery Masks Long-Term Challenges

Once labeled the epicenter of the Covid-19 pandemic, New York City is now an anchor for global tourism again and tourism is an even more important part of the city's economic future.

Dawit Habtemariam | 2 months ago

New York City’s Post-Pandemic Tourism Recovery Masks Long-Term Challenges

News Blog

Airbnb Increases Efforts to Boost Short-Term Rentals in Multifamily Buildings

Building on initiatives that had mixed results in the past, Airbnb is debuting an Airbnb-Friendly Apartments program to enable long-term renters in multifamily buildings where landlords permit it to list their rooms or apartments on Airbnb. Sentral Wynwood in Miami participated in Airbnb's new Airbnb-Friendly Apartments Program. Source: Airbnb For both guests and hosts, one…

Dennis Schaal | 6 months ago

News Blog

UAE Developer Nakheel Secures $4.6 Billion Financing to Develop Dubai Islands 

Dubai-based property developer Nakheel announced it has secured $4.6 billion in strategic financing deal to drive what it calls, “the new phase of growth.” The amount includes refinancing of $3 billion, and additional funds of $1.6 billion. The developer of Palm Jumeirah said that the finance would be utilised to accelerate the development of its…

Peden Doma Bhutia | 7 months ago

Business Travel

Does Shift by Accor’s Wojo to Offices Mean Digital Nomadness Has Peaked?

The intense relationship with digital nomads could be cooling off, as hotels increasingly turn "hybrid" and map out a future that focuses on permanent bases for corporations.

Matthew Parsons | 8 months ago

Does Shift by Accor’s Wojo to Offices Mean Digital Nomadness Has Peaked?

Short-Term Rentals

Airbnb Expands Translation Tools

Today’s edition of Skift’s daily podcast looks at Airbnb’s expanded language tools, politics and hotel bookings, and the market for selling hotels.

Rashaad Jorden | 9 months ago

Airbnb Expands Translation Tools

Business Travel

Lodging Startup Landing Raises $125 Million to Redefine Corporate Housing

So-called next-gen lodging platforms are doubling down on corporate needs, anything from remote work and relocations to extended projects, and even perks for personal use.

Matthew Parsons | 10 months ago

Lodging Startup Landing Raises $125 Million to Redefine Corporate Housing

Hotels

Blackstone Takes Stake in Hotel Owner Sunstone as Private Equity Eyes More Lodging Deals

In a turbulent financial market, players such as Blackstone are worth tracking because they usually have more wherewithal to invest in hotels than others do.

Sean O'Neill | 10 months ago

Blackstone Takes Stake in Hotel Owner Sunstone as Private Equity Eyes More Lodging Deals

News Blog

Sonder to Expand in Dubai With 401-Unit Property

Sonder said it plans to expand in Dubai later this year with the opening of a 401-unit property, Business Bay. Sonder's Business Bay, Dubai, complete with front desk in the lobby. Source: Sonder Unlike some Sonder properties where customer service is solely via text messages, this 35-story building, operated by Sonder and developed by SAAS…

Dennis Schaal | 11 months ago

Short-Term Rentals

Vacasa Could Get Boost From Home Sales Softness

If they can't sell their homes, vacation rental owners tend to stay with their property managers. Making the proverbial lemonade out of lemons.

Dennis Schaal | 1 year ago

Vacasa Could Get Boost From Home Sales Softness

Hotels

Inspirato’s Public Debut Receives Investor Endorsement of Subscription Travel

Unlike Airbnb and Vrbo, which have struggled at times to attract ample numbers of hosts to meet demand, Inspirato and its subscription model play in a more focused space. Although there is plenty of competition, there are tons of potential home leases to lay siege for around the world where the monied set want to jet and play.

Dennis Schaal | 1 year ago

Inspirato’s Public Debut Receives Investor Endorsement of Subscription Travel