Denver-based property manager Evolve is laying off 20% of its workforce, Skift has learned.
Denver-based property manager Evolve is laying off 20% of its workforce, Skift has learned.
Airbnb’s move to get more transparent and show up-front a stay’s total price before taxes in most of the world outside Europe will have a ripple effect across much of the short-term rental sector because of the company’s substantial influence.
Vacation rental property manager Evolve is laying off 14 percent of its staff — or 164 employees.
The short-term rental industry has experienced a major boom coming out of the pandemic, driven in large part by the surge in remote work.
Executives in the short-term rental industry believe their customers possess a unique level of flexibility: Consumers may go low-budget hiking in Albania one week, then stay at a 5-star Italian getaway the next.
The short-term rental industry has seen a significant boom following the pandemic, largely due to the rise in remote work. However, industry executives gathered at Skift’s Short-Term Rental Summit to discuss the future of the sector and its sustainability.
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