The great travel snapback continues, through digital channels, matching supply and demand for places to stay when getting away from it all. Airbnb noted in its results that the fourth quarter saw 98.8 million nights and experiences booked, up 12% from a year ago. As...
Evolve, a vacation rental hospitality company, has partnered with payment network Affirm to provide pay-over-time options to travelers. Affirm will be the exclusive pay-over-time partner of Evolve, which has more than 30,000 properties in 750 markets, the companies said in a Tuesday (Jan. 9) press release. “We look...
Private-equity firm TPG has made a significant move into the vacation rental market by acquiring single-family homes in Florida and offering them for nightly rentals similar to Airbnb. Unlike other private-equity firms and institutional investors, TPG has opted for short-term rentals instead of longer lease...
Brian Chesky says that Airbnb is broken and he’s going to fix it. New York City recently passed regulations that all but gave them the boot. Meanwhile, guests are griping — such as when they find, after a long trip, that the place they rented doesn’t...
October 11, 2023
Brian Chesky says that Airbnb is broken and he’s going to fix it. New York City recently passed regulations that all but gave them the boot. Meanwhile, guests are griping — such as when they find, after a long trip, that the place they rented doesn’t exist or they get a surprise cleaning bill after they’ve […]
August 04, 2023
Airbnb announced its most profitable second quarter yet on Thursday (Aug. 3), generating a net income margin of 26% — its highest Q2 ever — an 18% increase compared to...
February 22, 2024
Airbnb has expanded its City Portal to more than 430 jurisdictions worldwide over the past three years. Launched in 2020, the City Portal provides local governments and tourism organizations with insights into the Airbnb landscape and tourism trends in their communities, Airbnb said in a Thursday (Feb. 22) press release. Continuing to innovate this platform […]
January 10, 2024
Evolve, a vacation rental hospitality company, has partnered with payment network Affirm to provide pay-over-time options to travelers. Affirm will be the exclusive pay-over-time partner of Evolve, which has more than 30,000...
November 07, 2023
Private-equity firm TPG has made a significant move into the vacation rental market by acquiring single-family homes in Florida and offering them for nightly rentals similar to Airbnb. Unlike other...
October 02, 2023
Airbnb’s CEO said AI can help the company find better listings… and better guests. In a long interview with Bloomberg News published Monday (Oct. 2), Brian Chesky discussed the company’s artificial intelligence (AI) use...
