Airbnb earned $10B last year, more than double pre-pandemic

The company earned $9.9 billion in total revenue for the year, nearly half of which was company profit. That is more than double the total revenue the company earned in 2019, before the pandemic upended travel. Continue reading

Rentals startup Frontdesk lays off all staff after failed funding round

All 200 full-time staff members along with contractors and part-time staff were dismissed during “a two-minute Google Meet call.” Continue reading

Vacasa gives Matterport multi-year marketing deal

Matterport and Vacasa will be traveling a lot together in the near future. The vacation home company hired the digital twin creator in a multi-year contract to help market its global portfolio of vacation homes under management. Continue reading

How to maximize short-term rental returns with proptech

Property management software enhances operations and saves time and money for agents, property owners and short-term rental guests. Victoria Kennedy, CEO of Atman Real Estate, shares strategies for assessing your tech. Continue reading

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

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

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

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