Articles tagged “str2019”

Hotels

Hotel and Short-Term Rental Players Face Off Over Regulation

Nobody has found the best formula for regulation of the short-term rental industry. But hotel groups and rental platforms both realize that the outcomes of early battles will set precedents for future laws. This might explain why they are so willing to confront and call each other out publicly.

Hotel and Short-Term Rental Players Face Off Over Regulation

Hotels

5 Smart Insights for the Short-Term Rental Industry

The short-term rental market is a long-term growth sector. Yet its dynamics are being upended as professional management becomes popular and online travel companies seek smarter ways to sell the lodging. Here are several takeaways from Skift's first event to focus on the sector's opportunities.

5 Smart Insights for the Short-Term Rental Industry

Hotels

What’ll It Take to Survive in Short-Term Rentals: Former Top Airbnb Exec

People may see short-term rentals as a good get-rich-quick scheme. But according to former Airbnb CFO Laurence Tosi, it's not a simple business. The most successful companies in the space, he said, are also the most sophisticated.

What’ll It Take to Survive in Short-Term Rentals: Former Top Airbnb Exec

Hotels

Behind Airbnb’s Complicated Campaign to Win Trust

In the wake of recent bad publicity and plans to go public in 2020, Airbnb has no choice but to take concerns among users and neighbors seriously. Its recent steps are a good start, but shouldn't these have been a part of the strategy to begin with?

Behind Airbnb’s Complicated Campaign to Win Trust

Online Travel

Kayak’s Search App Will Soon Let Users Check in to Select Rentals and Hotels

Kayak is making a landmark departure from its current strategy. It will add a tool to its mobile app to let users who book select short-term rentals and boutique hotels through it check in and check out via its app. That moves the travel metasearch player beyond merely listing accommodations to actually providing extra services for guests at partner properties.

Kayak’s Search App Will Soon Let Users Check in to Select Rentals and Hotels

Hotels

Marriott’s Foray Into Short-Term Rentals No Longer an Experiment — It’s a Business: Exec

Hospitality giants moving into the short-term rental space hasn't always gone smoothly. But Marriott's vice president of Homes & Villas said that the company isn't getting its feet wet anymore — it's found a business model that works and wants to grow it.

Marriott’s Foray Into Short-Term Rentals No Longer an Experiment — It’s a Business: Exec

Hotels

Sonder Puts Hilton and Marriott in Its Sights as It Moves Into Hotel Business

CEO Francis Davidson is clearly very, very ambitious — and has identified a path for Sonder to go on and challenge the very biggest names in hospitality.

Sonder Puts Hilton and Marriott in Its Sights as It Moves Into Hotel Business

Hotels

Sykes Cottages Sold for $480 Million in a Bet on Tech-Led Short-Term Rentals

The deal gives a nice return to private equity firm Livingbridge, which bought Sykes in 2015 for about $75 million. What makes Sykes Cottages stand out is that it has fully built almost all of its technology on its own and has almost 80 percent direct bookings. New majority stakeholder Vitruvian is now placing a bet on short-term rentals.

Sykes Cottages Sold for $480 Million in a Bet on Tech-Led Short-Term Rentals

Hotels

Vacasa Nets $319 Million in Backing for Vacation Rental Management

Short-term rental companies can't believe their luck. Private equity and venture capital continue to pour into their sector despite a hot market. Vacasa has remained an investor darling, in part, because it has branched into opening real estate brokerages to help boost the supply of units.

Vacasa Nets $319 Million in Backing for Vacation Rental Management

Hotels

Short-Term Rental Company Altido to Ramp Up Dealmaking as Antidote to Market Pressures

Altido, a short-term property management group based in Europe, plans to grow through bite-size mergers in 2020. Its new CEO seems right in saying that the dynamics driving the company's strategy speak to larger dynamics in the sector.

Short-Term Rental Company Altido to Ramp Up Dealmaking as Antidote to Market Pressures