Welcome back, it’s a brand new day to talk about junk fees — as discussed on TikTok. A viral video posted by a comedian scoffs at short-term rentals and sometimes-exorbitant “host fees.”
New York City isn't a nimble tech company, for sure. It's untenable for the city to mandate a September 5 enforcement deadline to implement new host registration rules when the city hasn't met its side of the bargain.
Platforms and hosts will get some breathing room from the city in the early days after the registration rules kick in. There are enough moving parts to keep most of the fines at bay in the short term.
Airbnb will survive the regulatory clampdown in New York City as it only generated about 1% of its 2022 revenue. Still, the city is an important market, and this will hurt.
New York City's short-term rental choices will be a shadow of their former selves starting September 5. That's good for neighbors tired or parties and nuisances, but bad for hosts and travelers looking for affordable visits.
Vrbo risks a host backlash but is doing the right thing for guests. As opposed to the articulated policies, how this all works out in practice is another matter.
Expedia Group should have most of the pieces in place at the end of the year to complete key elements of its transition. Then we'll have to see how well it executes on these new planks in reality.
Past events gave us enough incentive to look into how vendors gather and glean data on short-term rentals. Where there is transparency, there can be a degree of trust.
Cloudbeds, a San Diego-based software company that helps independent hotels set their set their rooms and market their inventory online, has integrated with Vrbo — the API integration will allow…