In an era today when investors place a high value on profitability, our oral history of short-term rentals includes regrets from those who were too risk-averse to grab an opportunity.
Airbnb was the top travel brand spender on U.S. TV, but Expedia Group brands collectively committed more dinero. Booking.com got way more active than last year.
Puerto Ricans aren't merely imagining that Airbnb and Vrbo have transformed their neighborhoods — sometimes negatively. Here's a report that quantifies the housing impact.
Airbnb's pricing changes will likely have a ripple effect, prompting some hosts to reduce cleaning fees and property management websites to switch to showing total prices.
It's clear that vacation rental hosts and property managers crave direct bookings, and many may be making inroads. Still, the marketing power of big brands is tough to compete with.
Hosts may be sabotaging their own bookings by levying excessively high cleaning fees. It is turning off many people to Airbnb, which is a concern for the company.
Those who scoff at the linkage between the rise of short-term rentals and the affordable housing crisis are denying the obvious, although the dynamics are complex.