Tag Archives: Airbnb

Vrbo parent company Expedia reports ‘best-ever’ quarter

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Despite Vrbo itself struggling, Expedia, the travel booking company that owns the short-term rentals platform, recorded $425 million in profits during the third quarter. Continue reading →

Hotels and Airbnb, Vrbo in heated battle as business travel ramps up

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Both hotels and short-term rental companies are vying for customers seeking out extended stays through new offerings as business travel ramps up across the U.S. this fall. Continue reading →

‘Tenant from hell’ haunts a Los Angeles luxury Airbnb

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An Airbnb guest has stayed in a Los Angeles dental surgeon’s guest house for over a year without paying rent — and the owner has no legal basis to evict her. Continue reading →

‘Rich Dad’ predicts an Airbnb-led ‘market crash.’ Fanboys rejoice

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Robert Kiyosaki’s social media post was the latest viral prediction about the short-term rental giant. Will this be the one that comes true, or is it another hoax? Continue reading →

How much is your home worth on Airbnb? Realtor.com can tell you

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New tool comes as more homeowners look for ways to offset high housing costs, and as Airbnb looks to add more supply to keep prices down. Continue reading →

New York City’s strict short-term rental law goes into effect

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New York City’s law limiting short-term rentals went into effect on Tuesday. To offer stays of less than 30 days, hosts must stay in the unit with their guests. Continue reading →

Tens of thousands of Airbnb listings will be outlawed in NYC next week

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Local Law 18, which requires short-term rental owners to register with the city, could siphon tens of millions of dollars in revenue from Airbnb when it goes into effect on Sept. 5 in New York City. Continue reading →

Airbnb profit jumps 72% as more homes are rented out short term

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Revenue for the company grew to $2.5 billion in the second quarter buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released Thursday. Continue reading →

‘Wolf of Airbnb’ pleads guilty to earning $1M while stiffing landlords

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Konrad Bicher pleaded guilty to one count of wire fraud after collecting $1.2 million renting out his apartments on Airbnb while not paying his New York City landlords, according to a statement. Continue reading →