Following Airbnbs recent launch of its City Portal for local governments, Ralph Hollister, Travel & Tourism Analyst at GlobalData his view on the situation.
Hoteliers and vacation rentals have slowly started opening their doors to a more competitive market than ever before.
Short-term rental bookings are proving to be a bright spot in the U.S. travel sector during the COVID-19 pandemic, according to data from AllTheRooms Analytics, a provider of short-term rental analytics. Despite rising U.S. cases in the last two months, short-term rental bookings for the next 180 days made on platforms such as Airbnb and Vrbo have continued to rebound, and are now at 81% of their 2019 levels.
Following the news that the City of Paris is proposing a project aiming to amnesty illegal Airbnb owners in exchange for their properties to go back on the long-term rental market, John Vandesquille, Travel & Tourism Analyst at GlobalData offers his view.
Following the recent announcement from Lisbons Mayor pledging to get rid of Airbnb once the coronavirus pandemic is over by turning short-term rentals in to affordable housing.
A few months ago, the chance of Airbnbs planned IPO going ahead in 2020 was slim to none. As the COVID-19 pandemic swiftly ground domestic and international travel to an abrupt halt, travelers cancelled their bookings en masse and its host community looked to list their properties elsewhere. However, Airbnbs recent performance means that a stock market launch is now once again a possibility says GlobalData.
Expedia Group today announced that it is implementing the next phase of its strategy to simplify its vacation rental brand portfolio and focus on Vrbo®. Next month, users of the HomeAway website in the U.S. will be redirected to Vrbo.com and HomeAway mobile app users will receive a notification to download the Vrbo app.
Airbnb hosts claim that Airbnb violated its own terms of service, misrepresented its polices and engaged in consumer deception when it converted over $2 billion in host payouts to bolster its goodwill with travelers and IPO valuation.
COVID-19 has disrupted the disrupter of the hospitality industry. Can vacation rentals recover from this pandemic? How?
Airbnb bookings are rebounding as Americans rush to book post-lockdown vacation rental stays.