Hotels and other accommodation continue to be undercut by the lack of regulation in the short-term let market.
Plans for Growth as Consumer Demand for Short-Term Rentals Rises
The City of New York will delay enforcing a municipal law that Airbnb Inc (ABNB.O) said could limit the number of people who can host rentals in the city, a Friday court filing showed.
Rakuten, the Japanese e-commerce giant, is making ambitious moves to building out Rakuten STAY, a vacation rentals model in which it will own, manage and operate its inventory not just in Japan but worldwide – and its accommodation will be fully powered by services within the Rakuten eco-system.
The Government’s proposed registration scheme for short-term lets must be mandatory and nationwide across England, trade body UKHospitality said.
The Mandarin Oriental Exclusive Homes portfolio has seen 150% growth in its first 12 months of operation with plans to grow the portfolio to over 100 homes within the next 5 years.
Airbnb will promote private rooms more, with its CEO highlighting lower prices relative to hotels
The system will increase engagement between town staff and the community while providing a more accurate picture of the STR landscape on Hilton Head Island.
UKHospitality Cymru has called for Welsh Government to use a new statutory licensing scheme to create a 'level playing field' between established serviced accommodation businesses and the short-term let sector.
Today Leesfield Scolaro announced a lawsuit against Airbnb, Inc. for wrongful death after a 19-month-old baby fatally ingested fentanyl while sleeping at an Airbnb in Palm Beach County.
onefinestay is launching its latest collection of homes in the region of Provence, France. The collection offers a range of villas, all fully furnished, to the brand’s level of luxury.
Mandarin Oriental Exclusive Homes has added the Uluwatu Estate in Bali to its portfolio for 2023. The eight-bedroom estate is the first property in Asia to join the collection.
in recent years the emergence of Airbnb has disrupted the hospitality industry, and many people have wondered if Airbnb is poised to replace traditional hotels. But, despite its growing popularity, Airbnb has not been able to replace hotels for several reasons.
Pay-now, stay-later model has an awesome rewards program. But it’s not for you
onefinestay, the private rental brand by Accor, has launched monthly stays in New York with 16 homes available to book and many more being added over the coming months
Combination of technology, host education, community initiatives and policies prepares vacation rental hosts and communities in advance of major events
New rules spark furious debate as city tightens regulation of illegal rentals in attempt to defend housing stock for tenants
Once, it seemed an economical and adventurous alternative to a hotel. But I doubt I’ll be using it again
One of the most significant factors often overlooked by Airbnb or VRBO hosts is the impact that towels and sheets can have on your guests’ overall experience. With the increasing competition in recent years, this simple observation can make the difference between getting an excellent 5-star rating or a sub-par rating because your guests remember a scratchy towel or stained bed sheet.
While the proposal represents a step in the right direct direction, HOTREC nevertheless believes that it needs to be further strengthened and clarified so that the final law is future-proof and helps to level the playing field amongst different accommodation providers.
AirDNA's 2023 outlook report confirms that the U.S. short-term rental (STR) industry is poised for further growth, remaining strong in the midst of a possible recession.
The initiative is an important step and opportunity to level the playing field amongst all accommodation providers, a majority of which are microenterprises, and establish a framework that will protect and benefit consumers, residents, local communities and the entire EU tourism ecosystem.
To ensure fairness and boost competition, the EU Commission recently presented a set of draft rules to regulate short-term rentals to tourists and help authorities ensure balanced tourism development.
In Toronto, availability is low across the city, hotels and Airbnb rentals (the next closest thing) are full, and prices are skyrocketing.
Unpredictable guest experiences, excessive fees, and a role in intensifying the housing crisis has soured opinions on Airbnb. Do the pros of short-term rentals outweigh the cons?