Over the last 18 months Wyndham has been supplementing its vacation rental offering with acquisitions in what we would call the alternative accommodation market. The investments in Veeve and Wimdu are just the latest indications of how seriously it is taking this segment.
Most start-ups lose money, at least in the early stages. Before it was acquired by Accor, Onefinestay's most recent set of accounts show that it was burning through cash at a considerable rate and that its business was suffering as a result of attacks in Europe.
Online hotel bookings remain much more valuable than online short-term rental bookings and will see larger long-term online growth as more travelers use their devices to book a room and move away from alternative booking methods.