Finance and Development, Trends
May 2, 2023
Via: Hotel News ResourceThe hotel industry has been overlooking the impact of short-term rentals on their business for some time, perceiving it as a niche form of lodging that would not affect traditional hotel stays. However, the rapid growth of short-term rentals, led […]
Finance and Development, Trends
July 8, 2022
Via: Hospitality NetAirbnb is sharing data that reveals a growing demand for heritage-related travel. In the UK, France, Germany, Spain and Italy figures shared by Airbnb indicate that bookings for historical homes increased by over 54 percent in 2021 compared to 20191. […]
Finance and Development, Real Estate
June 30, 2022
Via: Hospitality NetAirbnb rolled out a new “split-stay” booking feature in May in response to consumers’ shifting demand for post-pandemic travel. Will Airbnb’s new booking feature become a game-changer in the lodging industry? How does Airbnb’s new split-stay feature work? Airbnb will […]
Finance and Development, Trends
March 2, 2022
Via: Hospitality NetThe situation in Ukraine is actively evolving, as are the needs of citizens in the country and neighboring regions. We will be keeping this list up to date with the evolving ways the hotel/hospitality industry helps in the coming days […]
September 22, 2021
Via: Hotel News ResourceWhen Airbnb first got started in 2007, we were told that people would never open their doors to strangers. Today, we’re announcing that we have passed 1 billion guest arrivals at Airbnb listings around the world and 500 million guest […]
Finance and Development, Markets
August 13, 2021
Via: WSJIn the 1993 comedy film “Groundhog Day,” Bill Murray has to wake up several times on the same day to realize tomorrow isn’t coming so soon. Online travel investors need to be quicker than that. As of Thursday’s close, shares […]
Finance and Development, Real Estate
August 4, 2021
Via: Hospitality NetEarlier this year, we announced a new, improved browsing and booking experience that gives guests even more flexibility when planning their travel. We’re working to make it easier for people to integrate travel into their lives with these new features, […]
June 3, 2021
Via: Hospitality NetAirbnb has long been a tool for economic empowerment and the return of travel represents a new opportunity for everyday people to benefit from tourism. New Hosts with only one listing have earned over $1.2 billion since March 2020. Today, […]
June 1, 2021
Via: Hotel News ResourceBusiness travel should return to 70% to 75% of 2019 levels by the end of the year, according to Hilton’s chief financial officer. That’s somewhat in contrast to recent comments by Airbnb Chief Executive Officer Brian Chesky, who said future […]
Finance and Development, Real Estate
May 26, 2021
Via: Hospitality NetInspired by the major shift in how people are traveling and anticipating the unprecedented travel rebound, we are today introducing more than 100 upgrades to refine and improve every aspect of the Airbnb service, from our website and app to […]
Finance and Development, Real Estate
May 25, 2021
Via: HospitalityDesignTravelers are emerging from more than a year of confinement with a major travel itch. According to the latest Airbnb Report on Travel & Living, guests booked vacation rentals in more than 94,000 destinations over the course of the pandemic, […]
Finance and Development, Real Estate
April 16, 2021
Via: CNBCAirbnb will have to add millions of new hosts to accommodate guests as travel picks up again following the coronavirus pandemic, CEO Brian Chesky told CNBC. “To meet the demand over the coming years, we’re going to need millions more […]
Finance and Development, Real Estate
February 26, 2021
Via: CNBCAirbnb’s stock was up as much as 16% on Friday following a number of analyst reports highlighting that the company is well positioned to capitalize on the expected recovery in the travel industry. Jefferies, Canaccord Genuity and Mizhuo Securities raised […]
Finance and Development, Real Estate
January 29, 2021
Via: Hospitality NetEven as countries are beginning to roll out vaccines against Covid-19, travel in 2021 will be focused on regional destinations rather than international tourist meccas, according to a report released by Airbnb Inc. on Thursday. Major cities like Toronto, New […]
Finance and Development, Real Estate
December 3, 2020
Via: Hospitality NetAirbnb’s IPO marks a milestone in the travel industry and consumer internet as a whole. By redefining traveler expectations and establishing a new type of lodging, Airbnb built the second-most valuable travel company in the world in just a decade. […]
Finance and Development, Real Estate
September 25, 2020
Via: Hospitality NetIn the travel wreckage caused by the pandemic, home-sharing has emerged as battered, but with a steady pulse, as rental houses became social-distancing refuges for the travel-starved. Home rentals have outperformed hotels in 27 global markets since the onset of […]
Finance and Development, Hotels, Real Estate
September 14, 2020
Via: Hospitality NetMarriott International began its push back against the success of Airbnb in Spring 2019 with Marriott Homes & Villas, a luxury property lodging service that offered customers a private residence alternative to hotel rooms. Bookings are up, by a lot, […]
Finance and Development, Markets, Travel
September 8, 2020
Via: Hospitality NetIT HAS been a gloomy year for the travel business. The covid-19 pandemic has wrecked airlines, cruise-ship operators and many other parts of the industry. With the end of the northern hemisphere’s summer holidays, things may get gloomier still. The […]
Finance and Development, News, Real Estate
August 27, 2020
Via: Hospitality NetAirbnb has announced it is participating in Japan’s ‘Go To Travel’ campaign to help boost domestic tourism and support economic recovery in the country. Like other industries, the pandemic has significantly disrupted the travel and tourism industry in Japan. To […]
August 6, 2020
Via: CNBC2020 has not gone according to plan for Airbnb. The tech company came into the year preparing for a highly anticipated IPO, but then the coronavirus pandemic changed everything. As the pandemic devastated the global travel industry, Airbnb laid off […]