Patrick Whyte, Skift
Sonder's hotel-style serviced apartments operate in that sweet spot between Airbnb homeshares and full-on hotels. There are, of course, plenty of rivals doing a similar thing, but this funding round will enable Sonder to expand its business and give it a competitive edge.
2 months ago
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
Dennis Schaal, Skift
TripAdvisor faces a quandary: It needs to have an alternative accommodations business to round out its hotel offerings, but rentals revenue declined and slowed the otherwise-positive trajectory of its non-hotels segment. While TripAdvisor is a market leader in experiences and restaurants, its rentals business is muddying up the works.
11 months ago
Samantha Shankman, Skift
Breaking open the yacht rental market with a sharing platform is a difficult endeavor given the challenges of operating a digital business within the luxury sector as well as the nuances and securities needed for an experience as hands-on as yachting.
1 year ago
Patrick Whyte, Skift
Most start-ups lose money, at least in the early stages. Before it was acquired by Accor, Onefinestay's most recent set of accounts show that it was burning through cash at a considerable rate and that its business was suffering as a result of attacks in Europe.
3 years ago
Giles Turner, Bloomberg
Airbnb is currently engaged in battles across the globe over its home sharing platform and it makes sense to make concessions where it can. We'll have to wait and see whether this latest change is enough to satisfy politicians in the UK and the Netherlands — or if Airbnb provides enough transparency to know if they are actually delivering on their promise.
3 years ago
Matt Phillips, Quartz
A drop in car ownership mirrors a rise in collaborative consumption impacting every industry from cars to hotels, a shift that shows little sign of stopping as the millennial generation grows and begins to age.
5 years ago
