Tens of thousands of Airbnb listings will be outlawed in NYC next week
Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City
by Taylor Anderson Aug 29
Vrbo bookings suffer in Q2 as more travelers opt for hotels in 2023
The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday
by Daniel Houston Aug 3
Vrbo parent Expedia Group posts Q1 revenue gains as losses widen
Despite reporting its highest-ever first-quarter revenue, Vrbo parent Expedia Group reported losing $145M in the first 3 months of the year, according to an earnings call on Thursday afternoon
by Taylor Anderson May 4
Vrbo bookings grew in Q3 amid surge in short-term rental demand
Traveler bookings rose 12.5%, to $1.8B, in the third quarter compared to the same period a year earlier, according to an earnings call by parent company Expedia Group on Thursday
by Taylor Anderson Nov 3
Real estate companies are about to tell us just how bad the downturn is
Many of the industry's big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market
by Jim Dalrymple II Nov 2
Zillow accused of 'wiretapping' homebuyers' visits to its website
The suit, 1 of several filed this month against the real estate search portal on similar grounds, argues Zillow is breaking the law by recording the way consumers interact with its websites
by Jim Dalrymple II Sep 14
In earnings twist, most real estate companies avoided the worst in Q2
Despite a quickly slowing market in the second quarter, many of the dozen or more real estate companies that posted earnings last week managed to turn a profit and stave off ruin
by Jim Dalrymple II Aug 8
Vrbo traveler deposits fuel strong returns for Expedia in Q2 earnings
Despite new COVID variants posing an ever-present threat and an uncertain global economy, traveler deposits for Vrbo bookings hit $2.8B as of June 30, up from $1.7B at the end of 2021
A pivotal earning season is beginning. Here's what to know
Major companies share how much money they made as the real estate market veered south earlier this year and as Inman Connect unfolds, bringing these leaders together in Las Vegas
by Jim Dalrymple II Aug 1
Airbnb logo on smartphone
Short-term rental companies were looking at 2022 as the year international travel surged again. Will Russia’s war in Ukraine temper results?
by Taylor Anderson Feb 28
Vrbo tallies strong revenue in Q4 despite disruption from Omicron
Expedia Group earnings still fall short of pre-pandemic levels, but travelers appear to be growing accustomed to living with the virus, executives said during an earnings call Thursday
by Taylor Anderson Feb 11
Former Zillow, eXp executive joins consulting firm T3 Sixty
Mitch Robinson also previously worked at Expedia and Tomo. At T3 Sixty, he'll lead a new to-be-announced business unit
by Jim Dalrymple II Jan 18
3 moments that made Zillow President Susan Daimler
Daimler became president of Zillow in February, but has been honing her leadership skill since her early days as the co-founder of multiple startups. Read about the 3 moments that sharpened Daimler's leadership skills ahead of her appearance at Inman Connect Las Vegas
by Jim Dalrymple II Sep 13
3 moments that made Move Inc. CEO David Doctorow
Doctorow has helmed the parent company of realtor.com for nearly 2 years, but the foundation for his leadership style was laid years earlier. Read about the 3 moments that sharpened his leadership skills ahead of his appearance at Inman Connect Las Vegas
by Jim Dalrymple II Sep 3
Short-term rental firms hone in on safety rules after alleged rape
Vrbo and Tripadvisor are reviewing how hosts transfer keys after a Bloomberg investigation into violent crimes at Airbnb listings