Vrbo parent Expedia Group reports strong Q3 amid leadership changes

Expedia’s net income for Q3 was $684 million, with adjusted net income of $809 million — significant improvements compared to Q2 2024, when net income was $386 million and adjusted income was $469 million. Continue reading

Expedia adjusts H2 projections despite revenue growth

Expedia Group met the high end of its earnings expectations for the second quarter of 2024, despite a challenging macro environment and softening travel demand, according to an earnings report released Thursday. Continue reading

Will the Olympics ‘showcase effect’ draw American buyers to Paris?

The Games have not drawn as much international traffic as Paris anticipated, but the city’s visibility may draw luxury clients hopping on the ‘quiet luxury’ trend that’s swept real estate. Continue reading

Mauricio Umansky’s 4 tips for building strategic partnerships

In luxury real estate, Mauricio Umansky writes, partnerships can be powerful devices in your ever-evolving business toolkit. 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

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

Airbnb revenue and income hit an all-time high in Q3

As pent-up travel demand and the ability to work remotely came to a head, the company’s revenue increased 67 percent year over year, and income surged 280 percent year over year. Continue reading

3 moments that made Zillow President Susan Daimler

Daimler became president of Zillow in February, but has been honing her leadership skill since her early days as the co-founder of multiple startups. Continue reading

Guests struggle to get VRBO refunds amid California wildfires

The Caldor Fire has ripped through a popular travel region, but travelers say they’ve struggled to get their money back after booking trips to vacation rentals. Continue reading

Keller Williams Pres. Marc King on a hot market, iBuying and that IPO

Marc King believes price appreciation will have to slow compared to what has happened over the past year. But he’s confident that real estate agents will survive today’s period of disruption. Continue reading