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
Implement the knowledge you already have to increase your income and grow your wealth as a real estate investor, investor and new Inman contributor Avery Carl writes. Continue reading
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
The law aims to ban all short-term rentals that have minimum stays of 30 nights and require owners to register their rentals with the city. Continue reading
Total revenue climbs 18 percent in the first quarter as Airbnb continued to add supply and benefit from a surge in bookings for events like the eclipse. Continue reading
The firm reported total lodging bookings of $21 million for the first quarter across all of its platforms. Continue reading
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
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
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
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