Tag Archives: short term rentals

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

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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

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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

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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

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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

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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 →

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

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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 →