The economy’s ongoing digital transformation has completely reshaped the travel sector. Gone are the days of sifting through countless travel websites and agonizing over the plethora of options available; and the years of calling up a real, living travel agent on the phone are fast...
Airbnb says it wants to help travelers narrow down its more than 7 million listings. To that end, the company Wednesday (Nov. 8) unveiled “Guest Favorites,” a collection of the 2 million best-reviewed homes on its rental platform. “Guest Favorites have excellent reviews and are rated...
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...
Expedia Group reported record revenue in the third quarter amid solid travel demand. While travel demand in North America and Europe remained stable, the Asia-Pacific and Latin America regions experienced more pronounced growth, Expedia Group CEO Peter Kern said Thursday (Nov. 2) during the company’s quarterly earnings...
October 25, 2019
India-based hotel and booking startup OYO has been on a tear lately, landing $1.5 billion in new funding, expanding to new markets and getting into new areas — most recently, coworking spaces. Now, the fast-growing operation is tapping into one of the growing trends in payments and commerce by offering online financing for its many partners. […]
October 11, 2019
Vacations are changing — and the tourism industry is changing along with it. The pace of innovation and disruption only promises to get faster as more travelers choose adventure over...
March 05, 2019
If the digital economy crosses borders – with commerce always on, across time zones and currencies – the platform model should be a perfect fit for those who seek to literally cross...
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 properties in 750 markets, the companies said in a Tuesday (Jan. 9) press release. “We look forward to the positive impact this partnership will have on […]
November 08, 2023
Airbnb says it wants to help travelers narrow down its more than 7 million listings. To that end, the company Wednesday (Nov. 8) unveiled “Guest Favorites,” a collection of the 2...
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...
August 22, 2023
Beyond, a revenue management solution for vacation rental managers and owners, has unveiled Tally, a payment processing solution specifically designed for the vacation rental industry. As noted in a Tuesday...
