Tim Rosolio travel tips

Vrbo wants to protect consumers better by levying penalties on hosts who cancel reservations and raising eligibility standards for “premier hosts.”

Good morning from Skift. It’s Thursday, October 26. Here’s what you need to know about the business of travel today.

Skift Short-Term Rental Summit is one of the most highly anticipated vacation rental industry events, bringing together executives, investors, and veterans to discuss the future of the short-term rental market. This year, the summit promises to be bigger and better than ever, with a lineup of speakers that includes some of the most influential people in the industry.

Expedia Group and Vacasa are both moving forward with tech investments to compete with other big players in the short-term rental industry. Executives from both public companies shared details about current projects during Skift’s Short-Term Rental Summit in New York on Wednesday. 

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.

Expedia Group and Vacasa are both going through tech updates as they work to improve their platforms and compete in the growing industry. 

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.