Airbnb earned $10B last year, more than double pre-pandemic
The company earned $9.9B in total revenue for the year; nearly half was profit. That's more than double the total revenue the company earned in 2019, before the pandemic upended travel
by Taylor Anderson Feb 13
Rentals startup Frontdesk lays off all staff after failed funding round
All 200 full-time staff members along with contractors and part-time staff were dismissed during 'a 2-minute Google Meet call'
by Ben Verde Jan 3
Ember moves to allow owners to use shares as short-term rentals
Ember Flex represents a shift for the co-ownership startup, which sells one-eighth shares of luxury homes in vacation markets across the West
by Taylor Anderson Aug 25
Arizona town to homeowners: We'll pay you not to rent on Airbnb
The offer to pay up to $10,000 to homeowners comes as lower wage workers in Sedona, Arizona, fail to find housing options they can afford near the businesses that keep the town moving
by Taylor Anderson Aug 23
Short-term rental market balancing out after rush of supply
'Our expectation is that demand will grow at 5.7% for the year, about a quarter of the growth rate in 2022,' AirDNA says in its 2022 mid-year outlook
by Taylor Anderson Jul 11
Short-term rental demand might set a record year, AirDNA report says
Demand is up 25% despite uptick in occupancy levels, investors earning more revenue, adding more supply. 'As of mid-May 2022, ADRs are pacing 7.9% higher for the summer than last year'
by Taylor Anderson May 23