Tag Archives: Airbnb

Vrbo parent company Expedia reports ‘best-ever’ quarter

By | | Uncategorized
Comments Off on 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 →

Hotels and Airbnb, Vrbo in heated battle as business travel ramps up

By | | Uncategorized
Comments Off on Hotels and Airbnb, Vrbo in heated battle as business travel ramps up

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 →

‘Tenant from hell’ haunts a Los Angeles luxury Airbnb

By | | Uncategorized
Comments Off on ‘Tenant from hell’ haunts a Los Angeles luxury Airbnb

An Airbnb guest has stayed in a Los Angeles dental surgeon’s guest house for over a year without paying rent — and the owner has no legal basis to evict her. Continue reading →

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

By | | Uncategorized
Comments Off on ‘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

By | | Uncategorized
Comments Off on 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 →

New York City’s strict short-term rental law goes into effect

By | | Uncategorized
Comments Off on New York City’s strict short-term rental law goes into effect

New York City’s law limiting short-term rentals went into effect on Tuesday. To offer stays of less than 30 days, hosts must stay in the unit with their guests. Continue reading →

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

By | | Uncategorized
Comments Off on 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 →

Airbnb profit jumps 72% as more homes are rented out short term

By | | Uncategorized
Comments Off on Airbnb profit jumps 72% as more homes are rented out short term

Revenue for the company grew to $2.5 billion in the second quarter buoyed by a growth in demand that was surpassed by a growth in supply, according to an earnings report released Thursday. Continue reading →

‘Wolf of Airbnb’ pleads guilty to earning $1M while stiffing landlords

By | | Uncategorized
Comments Off on ‘Wolf of Airbnb’ pleads guilty to earning $1M while stiffing landlords

Konrad Bicher pleaded guilty to one count of wire fraud after collecting $1.2 million renting out his apartments on Airbnb while not paying his New York City landlords, according to a statement. Continue reading →

Airbnb sues New York City over ‘de facto ban’ on short-term rentals

By | | Uncategorized
Comments Off on Airbnb sues New York City over ‘de facto ban’ on short-term rentals

Readers who prioritize second homes and investment properties turn to Inman’s weekly Property Portfolio email newsletter, whether they’re agents who work with this special class of clients or investors themselves. This month, we’ll go deeper on e… Continue reading →