Arizona town to homeowners: We’ll pay you not to rent on Airbnb

The offer to pay up to $10,000 to homeowners comes as lower wage workers in Sedona, Arizona, fail to find housing options they can afford near the businesses that keep the town moving. Continue reading

Vrbo traveler deposits fuel strong returns for Expedia in Q2 earnings

Despite new COVID variants posing an ever-present threat and an uncertain global economy, traveler deposits for Vrbo bookings hit $2.8 billion as of June 30, up from $1.7 billion at the end of 2021. Continue reading

TikToker slams Airbnb host for renting out former slave cabins

Attorney Wynton Yates specifically called out an Airbnb listing called “The Panther Burn Cottage @ Belmont Plantation” in Greenville, Mississippi, which has since been removed from the site. Continue reading

After $5M investment, Here wants to be everywhere people vacation

Here is offering investment opportunities in vacation properties located in the popular, family-oriented destinations of Big Bear, California; Clearwater, Florida; and Gatlinburg, Tennessee. Continue reading

Short-term rental market balancing out after rush of supply

“Our expectation is that demand will grow at 5.7 percent for the year, about a quarter of the growth rate in 2022,” AirDNA says in its 2022 mid-year outlook. Continue reading

Airbnb makes changes to summer release after hosts complain

Some short-term rental investors saw the power shift from hosts to guests while others feared Airbnb’s major update took away their competitive advantage. Continue reading

Short-term rental occupancy rates dip as listings surge

Demand for STRs remains high even as occupancy rate drops more than 8 percent heading into a busy travel season. Investor revenue still up 66 percent compared to 2019. Continue reading

AvantStay taps former Lyft executive David Katcher as COO

Katcher worked at ride-hailing service Lyft for the past seven years before joining the short-term rental company, most recently serving as Lyft’s head of global operations. Continue reading