Airbnb notches first profitable full year as demand surges, rates fall

The short-term rental platform posted $1.9 billion in profits and $8.4 billion in revenue in 2022, a 40 percent surge from a year earlier, according to executives during a full-year and 4Q earnings call Tuesday afternoon. Continue reading

25 cities cracking down on Airbnb: The Real Word

This week, Byron Lazine and Nicole White are talking about cities that are making it harder to own short-term rentals, how inflation has impacted millennial homebuying plans and the weekly media review Left, Middle, Right. Continue reading

With $4M seed round, Rove launches property marketplace

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?

“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

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

New York City seeks to tighten control over Airbnbs

New rules would require homeowners and tenants who offer short-term rentals to register units with the city. Airbnb and hosts call the requirements overly restrictive. Continue reading

Airbnb partners with building owners to let renters act as hosts

Tenants can become short-term rental hosts for as much as half of the year under a new approach that connects renters with buildings that allow Airbnbs. Continue reading

Proptech’s leader has been crashing on our couch this whole time

According to expert Drew Meyers, everyone’s talking about proptech without even a whiff of the defining company in the category in the conversation. In fact, the largest proptech company is rarely mentioned. Continue reading

Airbnb co-founder launches new backyard home venture, Samara

The startup from Airbnb co-founder Joe Gebbia began as an in-house project for Airbnb, but has spun off as an independent company with backing from the short-term rental platform. Continue reading