Vrbo parent company Expedia reports ‘best-ever’ quarter

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

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

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

Vrbo bookings suffer in Q2 as more travelers opt for hotels in 2023

The popular vacation-rental platform dragged down the results of its parent company Expedia Group in the second quarter of the year, according to an earnings call Thursday. Continue reading

From NFTs to IPOs: The top real estate investment stories of 2021

Proptech’s banner year, a couple long-awaited IPOs, surging rent growth and more — here’s all the hot Property Portfolio news that hit the press in 2021. Continue reading

Vrbo drove Expedia Group to surpass Q3 earnings expectations

Expedia Group’s CEO said the short-term rental platform was “a particular highlight” that helped the company’s strong performance during the quarter. Continue reading