Airbnb revenue and income hit an all-time high in Q3

As pent-up travel demand and the ability to work remotely came to a head, the company’s revenue increased 67 percent year over year, and income surged 280 percent year over year. 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

Vacasa launches new homeowner app to monitor property

The new app will provide homeowners on the company’s platform with easy access to information regarding the management and revenue performance of their property. Continue reading

Cover raises $60M to scale its backyard prefab housing business

The one- or two-unit homes are manufactured off-site and assembled in a property owner’s backyard, without the use of a large crane. Continue reading

CoStar revenue rises to new heights in latest earnings report

The company pulled in $499 million in revenue during the third quarter of this year. That’s a 17 percent jump compared to last year at the same time. Continue reading

Rent growth catching up to home price increases in major cities

In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading

Short-term rental demand soars — and holidays are getting booked fast

Thanksgiving bookings have surged 65 percent year over year while the week between Christmas and New Year has skyrocketed 89 percent, according to short-term rental analytics firm AirDNA. Continue reading

RentSpree teams up with dozens of multiple listing services

The new partnerships include 30 different MLSs and will ultimately give more than 500,000 real estate professionals integrated access to RentSpree’s technology. Continue reading

Staffing and recruitment among top challenges for property managers in 2021

74 percent of respondents to a National Apartment Association survey said HR, staffing and recruitment issues were among their top three challenges in 2021. Continue reading