Articles tagged “short-term rentals”

Hotels

Airbnb-Backed Rental Manager Lyric Restructures to Focus Just on Key Cities

Restructuring in itself isn't necessarily the worst thing in the world for a company, although fired employees might not see it that way. This is at least the second recent and high-profile Airbnb investment. The other, with Oyo, doesn't appear to be proceeding according to plan, either.
Online Travel

Travel Megatrends 2020: Short-Term Rental Winners Emerge

The short-term rental ecosystem is getting bigger, which means many winners are set to emerge from the pack. Expect further brand-driven professionalization, more outside investment, and vendor consolidation. Those getting on board will benefit, but is a backlash in the cards?
Hotels

Is Airbnb's Stock Market Debut in 2020 Still On Track?

Sporting some red ink in its financial results doesn't spell doom and gloom for Airbnb's prospects of going public in 2020. On the other hand, the question for employees and investors becomes — at what valuation?
Online Travel

Vacasa Seeks New CEO as Founder Eric Breon Steps Aside

Eric Breon grew Vacasa from a business run off his dining room table to North America’s largest full-service vacation rental management business. Few startups have the awareness to know when they need different leadership to get to an initial public offering, and Vacasa may be a rare exception.
Experiences

What's Wrong at Tripadvisor?

Question: At Tripadvisor, as a controlled company, what mechanisms did minority shareholders have to pressure Chairman Greg Maffei to make dramatic changes? Answer: Relatively few.
Hotels

Short-Term Rentals a Key Factor in Sluggish Hotel Rate Growth

U.S. hoteliers are finding their pricing options constrained because of an influx of both short-term rental supply during peak periods, and because of hotel construction. Hoteliers may decide to get into the short-term rental market or not, but they increasingly have to take it into account when fine-tuning pricing strategies.