Articles tagged “short-term rentals”

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Hyatt’s $22 Million Charge Underscores Hotels’ Homesharing Struggles

Hyatt’s $22 Million Charge Underscores Hotels’ Homesharing Struggles

Deanna Ting, Skift

Seems like both Hyatt and AccorHotels are struggling to find ways to make private accommodations work with their current business models. But we don't think they should give up hope just yet.

1 year ago

Airbnb Tries to Argue New York City’s New Regulations Violate Users’ Privacy

Airbnb Tries to Argue New York City’s New Regulations Violate Users’ Privacy

Chris Dolmetsch, Bloomberg

It's obvious Airbnb wants to exhaust any and all options before complying with New York City's new short-term rental law. Why? Because the city is the company's No. 1 market in the U.S. But the company's argument regarding privacy concerns in New York contradicts Airbnb's willingness and compliance to submit its host information to cities that include San Francisco, Chicago, and New Orleans. In other words, this is more about avoiding the new law than user privacy concerns.

1 year ago

The Middle East Tops List of Priciest Airbnb Cities

The Middle East Tops List of Priciest Airbnb Cities

Michael Sasso and Wei Lu, Bloomberg

The Middle East takes five spots near the top of this list of priciest Airbnb locales, but not to worry. For bargain hunters, India offers short-term rentals as low as $34.

1 year ago

New York’s Airbnb Regulatory Squeeze Highlights Business Model Risks

New York’s Airbnb Regulatory Squeeze Highlights Business Model Risks

Olivia Zaleski , Bloomberg

Airbnb is dependent on the goodwill of cities and for some it is a nuisance rather than a blessing. If others decide to copy New York then the home-rental company will have plenty of bridges to build ahead of its mooted IPO.

1 year ago

New York City Sues Airbnb to Enforce New Law Regarding Host Information

New York City Sues Airbnb to Enforce New Law Regarding Host Information

Chris Dolmetsch and Olivia Zaleski, Bloomberg

The way in which this new law was written leaves little wiggle room for Airbnb to use the Communications Decency Act as a defense. This can go one of two ways: Airbnb and New York City duke it out in court or, eventually, Airbnb may have to set up a registration system for hosts as it has in San Francisco, New Orleans, and Chicago.

1 year ago

Why Short-Term Rentals Are Mainstream and Booming

Why Short-Term Rentals Are Mainstream and Booming

Wouter Geerts, Euromonitor International

We are witnessing an evolution as more traditional hotel companies add alternative accommodations — and homesharing companies such as Airbnb add hotels. This piece gives a good summary of the ways short-term rentals are changing and continuing to grow.

1 year ago

New Agoda CEO Prioritizes Challenging Airbnb for Rentals in Asia

New Agoda CEO Prioritizes Challenging Airbnb for Rentals in Asia

Suttinee Yuvejwattana and Sunil Jagtiani, Bloomberg

Agoda has been a quiet giant steadily growing stronger. This year it has begun to throw its weight around more publicly. Airbnb and others need to be on guard.

1 year ago

Airbnb Drops 80 Percent of Its Japan Listings Ahead of Tighter Laws

Airbnb Drops 80 Percent of Its Japan Listings Ahead of Tighter Laws

Yuki Furukawa and Pavel Alpeyev, Bloomberg

Airbnb is the biggest of many companies affected by Japan's decision that owners must register their rentals. This move may partly lend support to some predictions that Airbnb will have fewer users worldwide this year than had been expected.

1 year ago

Marriott Experiments With Homesharing

Marriott Experiments With Homesharing

Deanna Ting, Skift

Leave it to Marriott to figure out a way to make homesharing work for the hotel industry. But as we've noted before, this space has its challenges, and figuring out the logistics and differences between managing homes and hotels will be crucial.

1 year ago

Airbnb’s Response to Paris Lawsuit Is the Same Old Story

Airbnb’s Response to Paris Lawsuit Is the Same Old Story

Deanna Ting, Skift

Airbnb has crafted an ideal template for telling the same old story when it comes to dealing with short-term rental regulations around the world, and more cities just don't seem to want to hear it anymore.

1 year ago

Airbnb Plus’ Risky Bet to Push Homesharing to a New Level

Airbnb Plus’ Risky Bet to Push Homesharing to a New Level

Deanna Ting, Skift

If Airbnb is successful with Airbnb Plus, it will ensure that alternative accommodations are no longer seen as an alternative. But making it a success will be easier said than done.

1 year ago

Booking Targets Urban Apartments in Vacation Rental Land Grab

Booking Targets Urban Apartments in Vacation Rental Land Grab

Sean O'Neill, Skift

Booking.com now wants to sign up all types of alternative accommodations, even short-term rental apartments that face increased regulation in many cities. CEO Glenn Fogel seems to think that the ultimate winner of the online travel game will be whoever has the most beds in the end.

2 years ago