Airbnb posts first profitable Q1 as revenue climbs to $1.8B
The short-term rental platform has doubled in size since the start of the pandemic as the number of rentable homes increased by 18% from last year, according to earnings data released Tuesday
by Taylor Anderson May 9
Eyes on inventory as Q1 earnings ramp up following a chilling 2022
Jay McCanless, a senior vice president of equity research at Wedbush Securities, reveals what he'll be watching as publicly traded real estate companies post Q1 earnings this week and next
by Jim Dalrymple II May 3
These are the highest-grossing short-term rental markets of 2023
Using Airbnb's search categories and data around average daily rates, AirDNA has compiled a report showing the highest potential earning markets for short-term rental investors
by Taylor Anderson Apr 25
Their clients could buy homes. But they rent for $75K a month instead
Increasingly, wealthy would-be homebuyers are opting to rent in lieu of homeownership, choosing to cough up top dollar for $69,000-a-night Airbnbs and apartments for north of $100,000. But why?
by Taylor Anderson Apr 4
Nest Seekers expands to Mexico as demand from US skyrockets
The luxury brokerage has added offices in Cabo San Lucas, Riviera Maya and Mexico City. Managing Directors Chris Gill and Andy Kim are leading the charge
by Lillian Dickerson Mar 29
Coldwell Banker COO: 'Traditional hard work' is making a comeback
Coldwell Banker Chief Operating Officer Liz Gehringer told Inman a diversity push is helping grow the company even in a slower market. She also touted the return of international buyers
by Jim Dalrymple II Mar 15
Silicon Valley Bank, proptech hub for real estate clients, collapses
In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO
Airbnb notches first profitable full year as demand surges, rates fall
The short-term rental platform posted $1.9B in profits and $8.4B in revenue in 2022, a 40% surge from 2021, according to executives during a full-year and 4Q earnings call Tuesday afternoon
by Taylor Anderson Feb 14
25 cities cracking down on Airbnb: The Real Word
Opinion
This week, Byron Lazine and Nicole White are talking about cities that are making it harder to own short-term rentals, how inflation has impacted millennial homebuying plans, and the weekly media review Left, Middle, Right
by Byron Lazine Jan 27
With $4M seed round, Rove launches property marketplace
The 'remote work-friendly property brand' is in beta with a property sales portal, a marketplace, for selling short-term rental properties. Each listing’s financial filings are provided in full detail
by Craig C. Rowe Dec 29
Real estate investing in 2022: Where is the roller coaster headed?
‘It’s like that roller coaster where it’s going up and up and up and up. You don’t know what’s going to happen when you get to the top.’ Many investors had a pleasant ride in 2022. But the ride might come to an end.
by Taylor Anderson Dec 27
In a bid for transparency, Airbnb now displays price with fees
Travelers are now able to see the true cost of a booking, cleaning fees and all. More upcoming changes seek to control what hosts can require their guests to do at checkout
by Taylor Anderson Dec 14
The pandemic party for short-term rental investors is ending
It may not be an ‘Airbnbust,’ but homeowners who rent their properties on platforms like Airbnb and Vrbo stand to see occupancy rates fall and revenue slow in 2023, according to AirDNA
by Taylor Anderson Dec 13
New York City seeks to tighten control over Airbnbs
New rules would require homeowners and tenants who offer short-term rentals to register units with the city. Airbnb and hosts call the requirements overly restrictive
by Taylor Anderson Dec 6
Airbnb partners with building owners to let renters act as hosts
Tenants can become short-term rental hosts for as much as half of the year under a new approach that connects renters with buildings that allow Airbnbs
by Taylor Anderson Nov 30