Articles tagged “rentals”

Hotels

Frontdesk Sprints Ahead by Taking On Short-Term Rental Castoffs From Stay Alfred

Stay Alfred's collapse opened up for Frontdesk an opportunity to rise in rental property management with a less-risky model. More interestingly, Frontdesk's new software offering for multifamily communities takes advantage of an opportunity left on the table by Expedia Group, which botched the execution of its Pillow and ApartmentJet acquisitions.

Sean O'Neill, Skift | 10 months ago

Online Travel

Airbnb’s Distribution Strength Could Pressure Online Travel Giants and Woo Hotels

The typical Airbnb review talks up a rental's charms while overlooking vital information. The company's stock prospectus similarly skips some key details for understanding its business. But we can still infer a few things about the distribution dynamo.

Sean O'Neill, Skift | 10 months ago

Online Travel

Vacasa Grabs $108 Million in New Funding Led by Private Equity Investor Silver Lake

The coronavirus pandemic made some travel companies seem like dominoes stacked too closely together. But private equity will help some businesses like Vacasa escape this crisis without toppling over.

Sean O'Neill, Skift | 1 year ago

Meetings

Event Rentals Projected to Rise in 2020 But Coronavirus Cancellations May Add Uncertainty

Events are growing across the world, and rental companies are set to reap the benefits, particularly compared to their construction equipment and tool rental counterparts. Will fallout from the coronavirus outbreak dampen this momentum?

Lauren Ward, Skift | 2 years ago

Meetings

Fast-Growing Event Rentals Is Still a Very Fragmented Business: Is That a Bad Thing for Planners?

Event rentals are poised to grow throughout 2020, suggesting that event planners want no part of seeing this sector consolidate. Planners still prefer traditional procurement methods, with as many choices as possible.

Lauren Ward, Skift | 2 years ago

Online Travel

Boutique Rental Brand Sonder Raises Another $225 Million

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.

Patrick Whyte, Skift | 2 years ago

Hotels

Vietnam’s Homesharing Surge Creates Bargains for Travelers

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.

Raini Hamdi, Skift | 2 years ago

Online Travel

TripAdvisor’s Experiences and Restaurants Businesses Outpace Vacation Rentals

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.

Dennis Schaal, Skift | 3 years ago

Business Travel

The State of Luxury Yacht Rentals and Sharing Schemes

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.

Samantha Shankman, Skift | 3 years ago

Hotels

Hyatt Invested $15 Million in Cash-Burning Onefinestay Before Accor Acquisition

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.

Patrick Whyte, Skift | 5 years ago