Sonder disclosed in a financial filing Friday that it received a Nasdaq notice that it is not complying with the stock exchange’s listing rules and faces a potential delisting because the company hasn’t filed its annual 10-K report for 2023.
Sonder disclosed in a financial filing Friday that it received a Nasdaq notice that it is not complying with the stock exchange’s listing rules and faces a potential delisting because the company hasn’t filed its annual 10-K report for 2023.
Achieving Airbnb superhost status usually means more money in your pocket, and it comes with several perks. But some hosts are critical about the program’s current status on Airbnb.
Airbnb turned heads in 2021 when it announced chairman and CEO Brian Chesky had been awarded a $120 million pay package the previous year that potentially included earning 12 million restricted stock units over the following decade.
LG Business Solutions USA is breaking new ground for the hospitality industry at the 2024 VRMA Spring Forum with the introduction of the brand-new “Pro:Centric Stay™” TV management platform. Believed to be the world’s first all-in-one customizable television platform for the short-term rental industry, this cutting-edge technology will offer a variety of unique benefits and innovative solutions to elevate the guest experience, strengthen brand recognition and guest loyalty, streamline operations and increase profitability.
By the time a Gen Zer in the U.S. reaches age 30, they’ll have spent approximately $145,000 on rent on average. In comparison, millennials spent roughly $127,000 by the same age.
The travel industry continued to strengthen in February: The Skift Travel Health Index stood at 107, 7% growth over February 2023.
German vacation rental platform HomeToGo has partnered with Komoot, a route planning and navigation app for outdoor activities such as hiking, cycling, mountain biking, and running.
Not much changed for luxury brand Inspirato in the fourth quarter since its last earnings announcement. And its strategy remains the same: to lower nightly rates, and to help find the proper supply and demand balance to improve operating efficiencies. And of course, to break even.
It’s a short-term rental dream: Lock in a long-term lease on a property and collect more than the lease amount by renting it out. The added bonus is you don’t have to deal with owning the property.
Vacasa announced it will fire 320 employees, including members of local operations and central teams, and Chief Operating Officer John Banczak is leaving the company, as well.
Capital One Travel has introduced upscale vacation rentals in a launch Tuesday through partnerships with Boutiq and AvantStay. A CapitalOne spokesperson said the company will bring on Inspirato and Key.co as inventory providers later this year.
Travelers may choose an Airbnb over a hotel for a number of reasons, but let’s face it: They’ll often go for the cheaper option.
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.
Florida lawmakers have made progress on regulating short-term vacation rental platforms like Airbnb and Vrbo, with the Senate passing a bill (SB 280) last week addressing occupancy limits, registration fees, and enforcement measures.
It’s Super Bowl season and the booking calendars know it.
Berlin-based Myne, a platform for fractional co-ownership of vacation properties in Europe, is expanding to include vacation homes in Sweden.
There is a league of short-term rental operators quietly reducing competition through consolidation.
Six travel startups announced fundraises of more than $208 million this week.
New York City’s Office of Special Enforcement says it has now decided on 90% applications from potential short-term rental hosts as part of regulations that kicked in last September.
More than four months since New York City cracked down and limited short-term rentals, Airbnb claims the city hasn’t delivered on the benefits it promised to Big Apple residents.
Tech-enabled vacation rental platform Overmoon has emerged from stealth with $80 million in debt and equity funding.
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