Articles tagged “short-term rentals”

Hotels

‘No Hidden Fees’ Is Latest Bill in U.S. Congress to Target Hotel Junk Fees

When a hotel rate appears in Google Search or on an online platform will it include the junk fee that makes it more expensive than a rival? That's what's a stake in these bills for the travel industry.

Dennis Schaal | 2 days ago

‘No Hidden Fees’ Is Latest Bill in U.S. Congress to Target Hotel Junk Fees

News Blog

Numa Buys Dutch Rival YAYS Group

Berlin-based hospitality brand Numa Group has acquired Dutch aparthotels operator YAYS Group from Proprium Capital Partners. The companies did not disclose details of the deal.  But the deal was likely funded with Numa's latest fundraising round in September. Numa raised $59 million and said the funds will be used for expansion across Europe.  Together the…

Srividya Kalyanaraman | 6 days ago

Short-Term Rentals

Choice Hotels on Extended Stay Versus Short-Term Rentals: Interview

Choice Hotels doesn't consider private equity entrants as competition, but as potential collaborators.

Srividya Kalyanaraman | 2 weeks ago

Choice Hotels on Extended Stay Versus Short-Term Rentals: Interview

News Blog

Airbnb’s AI Acquisition Paid Partially in Stock Valued Above $100 Million

Airbnb made public filings on Tuesday showing that its acquisition of AI company GamePlanner.AI was paid partially with stock valued at about $104.5 million.  The filings said that the company is offering 877,062 shares and the two largest recipients were listed as Adam Cheyer (337,652 shares) and Siamak Hodjat (245,565).  Cheyer and Hodjat are the…

Justin Dawes | 3 weeks ago

News Blog

Miami Startup Launches Vacation Rentals Crowdfunding Platform

Miami startup Foothold.co has launched a real estate crowdfunding platform for investing in luxury vacation rentals. Following SEC compliance and the finalization of its online investment processing platform, Foothold.co allows both accredited and non-accredited investors, starting from $200.  Foothold was founded in September 2022 after raising capital to invest in real estate for private investors,…

Srividya Kalyanaraman | 3 weeks ago

News Blog

Booking Holdings Is Compensating Hosts and Partners for Payments Failure

The problem surfaced in late Summer — Booking.com's short-term rental hosts in Europe, Asia-Pacific and Latin America cited financial hardships because the company wasn't paying them for guest stays. A condo hotel that was listed on Booking.com. Source: Booking.com CEO Glenn Fogel told financial analysts last week during Booking Holdings' third quarter earnings call that…

Dennis Schaal | 4 weeks ago

Startups

Gother Raises $25 Million for Asian Online Travel Agency: Startup Funding Roundup

The travel industry in Southeast Asia is continuing to grow, and so is the short-term rental industry worldwide.

Justin Dawes | 1 month ago

Gother Raises $25 Million for Asian Online Travel Agency: Startup Funding Roundup

Online Travel

Expedia CEO: After a Year of ‘Surgery,’ We Can Focus on Growth

It's show time for Expedia Group. After three years of getting its house in order completed, now it has to perform.

Dennis Schaal | 1 month ago

Expedia CEO: After a Year of ‘Surgery,’ We Can Focus on Growth

Short-Term Rentals

Airbnb: Record Profit, 1 Million New Listings – Pet-Friendly Filter

Airbnb reported record bookings in the first quarter of 2023. In the third quarter, it's reporting record profits.

Justin Dawes | 1 month ago

Airbnb: Record Profit, 1 Million New Listings – Pet-Friendly Filter

Tourism

Maui’s Long Road to Recovery

Today's podcast discusses Maui's reopening, JetBlue's terrible quarter, and Colorado's short-term rental debate.

Rashaad Jorden | 1 month ago

Maui’s Long Road to Recovery