The hotel business is notoriously capital-intensive: Long before a property opens, a hotelier often invests millions in obtaining a property and constructing a building. But companies such as Sleepbox seek to provide an alternative to brick-and-mortar hotels by offering modular sleeping capsules that can fit...
With a new experimental feature, Airbnb hosts will be able to get a partial payment soon after a guest makes a booking. But as of now, Airbnb is only testing the feature and it is not permanent, according to reports. While hosts on the site...
September 27, 2018
Wimdu, the homesharing startup that was launched out of the Berlin-based Rocket Internet startup incubator and took a page from Airbnb, is to shut down this year, according to reports. Citing an announcement on the company’s website, the report said that Wimdu, which has 100 employees, is shutting down at the end of this year due […]
