Short-term rentals tips

Berlin-based hospitality brand Numa Group has acquired Dutch aparthotels operator YAYS Group from Proprium Capital Partners. The companies did not disclose details of the deal. 

A bipartisan introduced in the House of Representatives Friday is the latest effort to apply pressure on the travel industry to be more transparent in how it displays and markets so-called junk fees.

This was the year the short-term rentals  industry saw it all — the good, the bad and the ugly.  

From his posts and re-posts on X, it’s clear that Airbnb CEO Brian Chesky is highly supportive of Sam Altman, the ousted CEO of OpenAI, and now-former board Chairman Greg Brockman, and Chesky seems to be in-the-know about some of the maneuverings behind the scenes.

Airbnb made public filings on Tuesday showing that its acquisition of AI company GamePlanner.AI was paid partially with stock valued at about $104.5 million. 

Miami startup Foothold.co has launched a real estate crowdfunding platform for investing in luxury vacation rentals.

The problem surfaced in late Summer — Booking.com’s short-term rental hosts in Europe, Asia-Pacific and Latin America cited financial hardships because the company wasn’t paying them for guest stays.

Five travel tech startups have announced fundraises this week totaling more than $144 million. 

Expedia Group has been consumed with, and weighed down by, launching a new loyalty program and transitioning its three core brands — Expedia, Hotels.com and Vrbo — to a common tech platform. But now those tasks are behind it.

Airbnb’s recent quarter was its most profitable ever and also the best in terms of revenue, according to a shareholder letter the company released Wednesday.

Good morning from Skift. It’s Wednesday, November 1. Here’s what you need to know about the business of travel today.

Taylor Swift’s Eras Tour made headlines even before it began — by overwhelming booking platform Ticketmaster and drawing attention even from the U.S. Senate. 

Five travel tech startups announced fundraises of more than $57 million this week.

That investors are buying single-family homes across the country is not new, but how much and where?

Telluride, Colorado, is lifting its moratorium on new short-term rental licenses and introducing a $857 annual per-bedroom regulatory fee for property owners who rent to vacationers. This move is aimed at boosting revenue for housing initiatives and alleviating housing shortages.

Good morning from Skift. It’s Friday, October 6. Here’s what you need to know about the business of travel today.

Many people assume that hotel operators and short-term rental managers are fighting for the same customers. But they’re not, said executives at last week’s Skift Global Forum 2023. Hotels tend to attract guests with different needs than short-term rentals do, the industry leaders argued.

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

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.

New York City’s short-term rental regulations could slash up to 70% of Airbnb’s 23,000 active listings in the city after September 5. Experts are divided on how the move might affect hotels, and their forecasts are foggy. Yet the analyses reveal interesting details about this critical lodging market regardless.

Hosting a United Nations climate summit for tens of thousands of people in any city is a daunting task. Doing it in a part of the Amazon rainforest unaccustomed to hordes of visitors will be even harder.