Articles tagged “vacation rentals”

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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.

6 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.

6 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.

7 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.

8 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.

8 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.

8 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.

11 months ago

Expedia to Hoteliers: Vacation Rentals Won’t Steal Your Business

Expedia to Hoteliers: Vacation Rentals Won’t Steal Your Business

Dennis Schaal, Skift

Expedia officials can try to assure hoteliers that the rise of alternative accommodations is no big deal for their businesses. But you can be certain that figuring out how to manage this changing dynamic is of paramount concern for all parties involved.

11 months ago

HomeToGo Buys a Near-Death Tripping in Vacation Rental Rollup

HomeToGo Buys a Near-Death Tripping in Vacation Rental Rollup

Sean O'Neill and Dennis Schaal, Skift

The acquisition of once-high-flying Tripping.com as a distressed asset was a losing deal for investors. It's not clear what the payoff will be for HomeToGo acquiring a Silicon Valley rival at vacation rental price-comparison. HomeToGo faces daunting expectations now, having raised $150 million.

11 months ago

Selina Receives $150 Million for Millennial-Friendly Hospitality

Selina Receives $150 Million for Millennial-Friendly Hospitality

Sean O'Neill, Skift

Until recently, Selina has been a glorified hostel operator. Its ambition to provide work-life balance to millennials who travel internationally has been more of a work-in-progress than a consistent offering. Yet massive fresh funding this year will help drive Selina to become one of 2019's most fascinating experiments in hospitality.

11 months ago

Developers Head to Vacation Beach Towns Despite Hurricane Harvey Fallout

Developers Head to Vacation Beach Towns Despite Hurricane Harvey Fallout

Natasha Rausch, Bloomberg

On the Texas coast, Port Aransas has a significant drive-in market and its tourism board has been laser-focused on putting Hurricane Harvey behind it. Tourism will continue being part of the town's DNA, just like others along the Gulf.

11 months ago

Airbnb Creates Niches for a New Generation of Vacation Rental Startups: Skift Research E-Book

Airbnb Creates Niches for a New Generation of Vacation Rental Startups: Skift Research E-Book

Seth Borko, Skift Research

Airbnb has built itself into the third most richly valued startup in the world over the last decade. But business never stands still, and as Airbnb harvests its gains, the latest generation of alternative accommodation startups are collecting all of the new venture capital in the space.

11 months ago