The Craiglist listing for a “charming 1-bedroom” in New York City’s East Village captured the moment, calling the short-term rental an “Airbnb alternative.”
The Craiglist listing for a “charming 1-bedroom” in New York City’s East Village captured the moment, calling the short-term rental an “Airbnb alternative.”
Airbnb is finally ending its Airbnb Plus program after several years of it being an inconsistent priority, Skift has learned. The official end date is November 6.
Fearing another Expedia-like breakup, Hopper abruptly ended its hotel partnership with Booking Holdings a week ago, Skift has exclusively learned.
Booking Holdings has viewed its planned $1.7 billion acquisition of Swedish-based company eTraveli Group as a coup in its attempts to boost its flight business. However, the European Commission has blocked the deal, arguing that the deal would increase Booking.com’s hotel market share in Europe.
Airbnb contributed over $920 million (INR 72 billion) to India’s gross domestic product (GDP) and supported over 85,000 jobs in the country between April 2022-March 2023, according to research by Oxford Economics.
Glenn Fogel, Booking Holdings CEO confirmed Wednesday that Booking.com has extended its contract with eTraveli and would continue to build its fledgling flight business as it is set to appeal the European Commission’s objection to the acquisition.
The European Commission has all but officially blocked Booking Holding’s almost 2-year-old pending acquisition of Swedish flight-tech company eTraveli Group, and Booking confidentially sent a memo to national competition authorities detailing why it thinks the commission’s arguments are flawed.
Booking.com hasn’t announced a deal to launch a co-branded credit card in the U.S., but a LinkedIn post Tuesday by a relatively new employee and a job opening for “manager, co-branded credit card growth & strategy,” provided grist for speculation.
European parliamentary group Progressive Alliance of Socialists and Democrats has stressed the need to regulate short-term rental booking platforms, such as Airbnb and Booking.com, to make housing more affordable. The European Parliament’s committee on internal market and consumer protection has given the go-ahead to do so.
Looking for a short-term rental stay via Airbnb, Vrbo or Booking.com in New York City for the Thanksgiving holiday? One week after the city implemented tough host registration requirements, you can expect to see listings that violate the rules, more hotels, and stays in New Jersey.
Affirm, the buy now, pay later vendor, now has both sides of what used to be called the online travel “duopoly” with its latest partner, Booking.com. The former duopoly, at least according to hotel industry critics, was Expedia Group and Booking Holdings. With the Thursday announcement that Booking.com customers would see Affirm’s buy now, pay later options at checkout when they are purchasing trips, Affirm now counts several Booking Holdings brands as partners, also including Agoda, Priceline and Kayak.
In the world of short-term rentals, there are many ways people can book a stay. Offline bookings continue to make up a significant chunk of the market, albeit a declining one, and there are many niche online booking platforms, as highlighted in our Skift Short-Term Rental 250 map.
September 5 was the first day of New York City’s short-term rental registration rules, but the city’s electronic verification system isn’t operational yet, Skift has learned from three sources familiar with the new process.
If you search for short-term rentals on Booking.com, Vrbo and, to a lesser extent, on Airbnb in New York City for stays after Tuesday’s deadline mandating that hosts be registered, you’ll still find numerous listings that seemingly flout the rules.
The European Commission is set to block Booking Holdings’ $1.8 billion deal to acquire Sweden’s eTraveli Group, a critically important transaction that’s been in limbo for nearly two years.
Jeremy Cornuau, Senior Director of Marketing and Partnerships at Booking.com stated that collaborating with ITA Airways presents a significant avenue for Booking.com to enhance their European customer assistance.
New York City’s Office of Special Enforcement has approved only 257 short-term rental host registrations — out of 3,250 applications — ahead of a September 5 enforcement deadline.
The State of Texas filed a lawsuit against Booking Holdings, alleging that it violates state law by marketing hotel rates in a deceptive manner because it doesn’t include a variety of fees when it initially displays room prices.
HotelTonight co-founder and CEO Sam Shank, who steered the hotel booking app even after it was acquired by Airbnb in 2019, recently announced he would be leaving the short-term rental giant. Shank wrote on his LinkedIn account that he would take some time before making plans for a future outside of the travel industry.
Airbnb was the top-spending travel brand on U.S. national TV during the first 11 months of 2022 at an estimated $86.5 million, but it was merely the ninth most-seen among travel websites, hotels and motels, resorts and theme parks, cruise lines and airlines.
Travelport is planning to sell its Hotelzon division to corporate travel agency startup TripStax, which was officially launched earlier this year — by two former execs at Travelport.
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