Following Airbnb’s recent launch of its City Portal for local governments, Ralph Hollister, Travel & Tourism Analyst at GlobalData his view on the situation.
Hoteliers and vacation rentals have slowly started opening their doors to a more competitive market than ever before.
Short-term rental bookings are proving to be a bright spot in the U.S. travel sector during the COVID-19 pandemic, according to data from AllTheRooms Analytics, a provider of short-term rental analytics. Despite rising U.S. cases in the last two months, short-term rental bookings for the next 180 days made on platforms such as Airbnb and Vrbo have continued to rebound, and are now at 81% of their 2019 levels.
Following the news that the City of Paris is proposing a project aiming to amnesty illegal Airbnb owners in exchange for their properties to go back on the long-term rental market, John Vandesquille, Travel & Tourism Analyst at GlobalData offers his view.
Following the recent announcement from Lisbon’s Mayor pledging to ‘get rid of Airbnb’ once the coronavirus pandemic is over by turning short-term rentals in to affordable housing.
A few months ago, the chance of Airbnb’s planned IPO going ahead in 2020 was slim to none. As the COVID-19 pandemic swiftly ground domestic and international travel to an abrupt halt, travelers cancelled their bookings en masse and its host community looked to list their properties elsewhere. However, Airbnb’s recent performance means that a stock market launch is now once again a possibility says GlobalData.
Expedia Group today announced that it is implementing the next phase of its strategy to simplify its vacation rental brand portfolio and focus on Vrbo®. Next month, users of the HomeAway website in the U.S. will be redirected to Vrbo.com and HomeAway mobile app users will receive a notification to download the Vrbo app.
Airbnb hosts claim that Airbnb violated its own terms of service, misrepresented its polices and engaged in consumer deception when it converted over $2 billion in host payouts to bolster its goodwill with travelers and IPO valuation.
COVID-19 has disrupted the disrupter of the hospitality industry. Can vacation rentals recover from this pandemic? How?
Airbnb bookings are rebounding as Americans rush to book post-lockdown vacation rental stays.
Airbnb still can be a success, as long as it embraces the idea that it may have to be smaller in scale in the short-to-medium term and operate in a more efficient manner, says GlobalData.
Airbnb booking levels are rebounding from coronavirus lows in a number of states that ended their lockdowns, according to new data provided by AllTheRooms Analytics, a provider of short-term rental and Airbnb data and analytics.
Some insights relating to COVID-19 and tourism by a vacation rental specialist that has been involved in vacation rentals on the Big Island of Hawaii over three decades
Some insights relating to COVID-19 and tourism by a vacation rental specialist that has been involved in vacation rentals on the Big Island of Hawaii over three decades
Following the news that many travelers have had to cancel Airbnb reservations, Rheanna Norris, Associate Analyst at GlobalData offers her view on how traveler priorities are likely to change when international borders are reopened
Airbnb hosts around the world have been losing the vast majority of their bookings in recent months, many of them need a reliable form of income sooner rather than later. A growing number of hosts have deleted their Airbnb listings to make way for month-to-month leasing says GlobalData, a leading data and analytics company.
Airbnb said Monday that it has raised $1 billion in debt and equity from private equity firms Silver Lake and Sixth Street Partners, even as the online rental marketplace has seen its business plummet due to the COVID-19 pandemic.
Online booking firm Airbnb is facing a bill of up to €200 million after a court ruled it was not entitled to claim booking fees from its Dutch customers.
Housing doesn’t fit the way people live any more – but the current models of sharing are not working
The vacation rental industry has gone through a lot of changes lately. The past year has seen new vacation rental industry trends that will have an impact on how we do business in 2020.
Alphabet unit Google faces the risk of more EU antitrust problems after 40 rivals on both sides of the Atlantic accused it of favouring its own vacation rental service on its search engine and urged European Union enforcers to take action.
Not long ago, traveling to another city generally meant selecting a hotel to spend the night. But then Airbnb made it fashionable to stay in people's luxury villas, city-center condos, rustic cabins and any number of unique accommodations around the world.
Airbnb will be breathing a sigh of relief today: Europe’s top court has judged it to be an online platform, which merely connects people looking for short-term accommodation, rather than a full-blown estate agent.
Company Will Add 250+ Steamboat Springs Vacation Homes to its Portfolio
When Airbnb takes action, the hospitality industry takes notice. In 2018, the disruptor made waves with Airbnb Plus, higher-end offerings that directly compete with hotels. Luxury hotel brands were stepping into the homeshare arena to compete with Airbnb, and are now making strides in one of Airbnb’s most successful arenas: experiences.