Tag Archives: VRBO

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 →

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 →

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

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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 →

Vrbo parent Expedia Group posts Q1 revenue gains as losses widen

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Despite reporting its highest-ever first-quarter revenue, Vrbo parent Expedia Group reported losing $145 million in the first three months of the year, according to an earnings call on Thursday afternoon. Continue reading →

Zumper launches dedicated vacation site, flex stays subscription

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The launch comes seven months after the rental marketplace announced a $30 million funding round to help solidify its space in the short-term rental market and serve all types of renters. Continue reading →

With $4M seed round, Rove launches property marketplace

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The “remote work-friendly property brand” is in beta with a property sales portal, a marketplace, for selling short-term rental properties. Each listing’s financial filings are provided in full detail. Continue reading →

Real estate investing in 2022: Where is the roller coaster headed?

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“It’s like that roller coaster where it’s going up and up and up and up. You don’t know what’s going to happen when you get to the top.” Many investors had a pleasant ride in 2022. But the ride might come to an end. Continue reading →

The pandemic party for short-term rental investors is ending

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It may not be an “Airbnbust,” but homeowners who rent their properties on platforms like Airbnb and Vrbo stand to see occupancy rates rise and revenue slow in 2023, according to AirDNA. Continue reading →

Billions in losses, a brutal market and more from Q3 earnings season

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A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading →