Expedia aims to expand its Vrbo business in 2023. The move to bring creative production in-house and shift the narrative could help, but deeper strategic shifts would be required to compete with Airbnb.
UK-based Canary Wharf, a residential and commercial property company, and TrustedStays will offer individual apartment inventory on global distribution system, Amadeus.
The vacation exchange business is significant for Travel + Leisure. So the company is focused on reversing years of dwindling growth with marketing dollars and different inventory.
That Sonder's business has been struggling is not news, but a potential delisting of the stock could be a warning sign for other struggling companies in the industry that went public prematurely.
Slower supply growth and high demand aren't always necessarily bad, quite the opposite: They translate into high occupancy rates, and more revenue per booking.
Bob W's expansion comes at a time when the short-term rental market in Europe is seeing high demand. But it's no easy task to become a profitable pan-European operator with all the regulatory challenges in a fragmented market.