Booking's Smart Flex product is essentially another example of so-called fintech products that are making the travel industry more creative in solving problems for consumers and suppliers.
Airbnb plans to scale up worldwide a U.S. partnership with landlords who let their tenants host guests at their apartments. The multi-family market represents a mostly untapped greenfield for Airbnb. And vice versa.
Marriott sees Homes & Villas as a key part of keeping its customers happy to grow its loyalty market share, as opposed to dominating the short-term rental market.
WestCap founder Laurence Tosi believes if short-term rental companies haven't already turned a profit, they'll struggle to do so in the future as the sector's boom has peaked.
Vacasa, like the short-term rental sector overall, is coming off of a pandemic-fueled growth spree and faces the question of what comes next. Can Vacasa tap into first-party growth while scaling back cash-intensive investments? With investor patience running thin, the clock is ticking.
Vacasa, like the short-term rental sector writ large, is coming off of a pandemic-fueled growth spree and faces the question of what comes next. Can Vacasa tap into first-party growth while scaling back cash-intensive investments? With investor patience running thin, the clock is ticking.