Expedia adjusts full-year guidance amid slump in Vrbo bookings
The firm reported total lodging bookings of $21M for the first quarter across all of its platforms
by Ben Verde May 2
Majority of short-term rental hosts in NYC still waiting for city approval
Five months after New York City's Short-Term Rental Registration Law went into effect, more than 5,000 Airbnb, VRBO and Booking.com hosts have been told by the city to send more information
by Ben Verde Jan 22
AirDNA acquires vacation property management software Uplisting
AirDNA functions as a data provider for Airbnb and VRBO. This acquisition represents AirDNA's first foray into the day-to-day operations of short-term rental properties
by Ben Verde Jan 9
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
Vacasa gives Matterport multiyear marketing deal
The vacation home company hired the digital twin creator in a multiyear contract to help market its global portfolio of vacation homes under management
by Craig C. Rowe Nov 30
Vacation home solution Summer weathers autumn with $18M
Leading the round was QED and Viola Group alongside a $50M debt facility from Setpoint Capital, according to TechCrunch. The company has raised a total of $30M
by Craig C. Rowe Nov 13
Vrbo parent company Expedia reports 'best-ever' quarter
Despite Vrbo itself struggling, Expedia, the travel booking company that owns the short-term rentals platform, recorded $425M in profits during the third quarter
by Ben Verde Nov 2
Hotels and Airbnb, Vrbo in heated battle as business travel ramps up
Both hotels and short-term rental companies are vying for customers seeking out extended stays through new offerings as business travel ramps up across the US this fall
by Lillian Dickerson Oct 10
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
Airbnb profit jumps 72% as more homes are rented out short term
Revenue for the company grew to $2.5B in Q2 buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released on Thursday
by Taylor Anderson Aug 3
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
Zumper launches dedicated vacation site, flex stays subscription
The launch comes 7 months after the rental marketplace announced a $30M funding round to help solidify its space in the short-term rental market and serve all types of renters
by Lillian Dickerson Mar 22
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