Articles tagged “vacation rentals”

Google Signals Its Vacation Rental Ambitions With Vacasa Direct-Connect

Google Signals Its Vacation Rental Ambitions With Vacasa Direct-Connect

Dennis Schaal, Skift

We've seen this playbook before. Google isn't making much money off its vacation rental business, and doesn't need to sweat it. With its domination of search, Google will take its time, build its global property numbers, and test what works. Competitors know what's coming.

2 weeks ago

Hawaii Vacation Rental Crackdown Starts With Honolulu Mayor

Hawaii Vacation Rental Crackdown Starts With Honolulu Mayor

The Associated Press

Short-term rentals are a hot button topic in Hawaii, and the Honolulu mayor just turned up the heat.

3 months ago

Expedia Mulls Matching Booking on Resort Fee Commissions

Expedia Mulls Matching Booking on Resort Fee Commissions

Dennis Schaal, Skift

When Priceline ended traveler fees on airline bookings a decade ago, the other online travel agencies generally followed. Whether Expedia will match Booking.com and start charging hotels commissions on resort fees is a much more complex issue. Part of it depends on how much resistance Booking gets from hotels to its new policy.

3 months ago

Airbnb Tests Hotel Integration by Adding Some HotelTonight Partners

Airbnb Tests Hotel Integration by Adding Some HotelTonight Partners

Dennis Schaal, Skift

It will be tremendously complex for Airbnb to transition from an alternative accommodations site into one that also offers lots of hotels. The coming business model changes and technology challenges will get sorted out, but it will be rocky for quite some time.

4 months ago

CEO Hints Booking Holdings Is Ready to Buy More Companies

CEO Hints Booking Holdings Is Ready to Buy More Companies

Sean O'Neill, Skift

Falling victim to the so-called law of large numbers, Booking Holdings saw its total revenues for the first quarter drop 3 percent from the prior year. Industry ears perked up when CEO Glenn Fogel mentioned mergers and acquisitions as a possible tactic to reignite growth a few times during an investor conference call.

4 months ago

Expedia Faces Stiff Headwinds in Rebranded Short-Term Rental Business

Expedia Faces Stiff Headwinds in Rebranded Short-Term Rental Business

Dennis Schaal, Skift

When Expedia announced the acquisition of HomeAway in 2015, then-CFO Mark Okerstrom called it "a huge opportunity on a go-forward basis." Today, it still is, but now-CEO Okerstrom said the short-term rental business must strive to gain "harder yards." The ground game is tougher than anyone realized.

5 months ago

Marriott Is Officially Getting Into the Homesharing Business

Marriott Is Officially Getting Into the Homesharing Business

Deanna Ting, Skift

This news will trigger responses from elated to downright furious, whether you're a Bonvoy member, Marriott hotel owner, a property manager, or just someone concerned about the growth of homesharing around the world.

5 months ago

No Shock or Awe at Booking Holdings About Airbnb’s Buy of HotelTonight

No Shock or Awe at Booking Holdings About Airbnb’s Buy of HotelTonight

Dennis Schaal, Skift

Booking Holdings' Glenn Fogel, whose background is in mergers and acquisitions, was undoubtably not surprised when Airbnb bought HotelTonight. We'd be shocked if he and others hadn't kicked the tires.

6 months ago

Wyndham’s Former Vacation Rentals Business Gets Rebranded Under Private Equity Owners

Wyndham’s Former Vacation Rentals Business Gets Rebranded Under Private Equity Owners

Patrick Whyte, Skift

The name itself is kind of irrelevant. What matters is that Awaze is now a proper company rather than a division.

7 months ago

Booking and Airbnb Are Now in a Homesharing Dead Heat

Booking and Airbnb Are Now in a Homesharing Dead Heat

Dennis Schaal, Skift

Airbnb has dominated the discussion of alternative accommodations, but it appears as though Booking Holdings' apartment-rental business may be in a dead heat with its competitor. Airbnb's perceived lead may not be as great as many observers believe.

7 months ago

More U.S. Snowbirds Are Favoring Resorts Over Timeshares

More U.S. Snowbirds Are Favoring Resorts Over Timeshares

Sarah Firshein, Bloomberg

Forget the timeshare condo. There’s a new, cold-weather version of “summering” abroad, if you have the money: Five-star resort properties that are close to the equator.

7 months ago

Airbnb Ranks Its Top Up-and-Coming Destinations for 2019

Airbnb Ranks Its Top Up-and-Coming Destinations for 2019

Colin Bertram, Bloomberg

Quieter locales in Scotland, New Zealand, China, and Mexico lead Airbnb’s trending destinations for the coming year. Note that these statistics show gains in search interest from small base numbers and so they're somewhat misleading. Paris hasn't lost its status as a popular spot, for instance.

9 months ago