Despite reporting its highest-ever first-quarter revenue, Vrbo parent Expedia Group reported losing $145 million in the first three months of the year, according to an earnings call on Thursday afternoon. Continue reading
The launch comes seven months after the rental marketplace announced a $30 million funding round to help solidify its space in the short-term rental market and serve all types of renters. Continue reading
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
“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
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
A slowing market is taking a toll on big real estate companies, though not every firm is suffering equally. A look back on the past three dramatic weeks of third-quarter wins, losses and draws. Continue reading
Traveler bookings rose 12.5 percent, to $1.8 billion, in the third quarter compared to the same period a year earlier, according to an earnings call by parent company Expedia Group on Thursday. Continue reading
Many of the industry’s big companies are about to report their third-quarter earnings. The reports will offer the first in-depth look at how firms coped with a rapidly cooling market. Continue reading
Changes to HOA rules or city regulations can pose a fatal risk, short-term rental investors say. Here’s how buyers and brokers can minimize revenue risks when targeting short-term rentals. Continue reading
Average daily rates, nights booked and revenue are all up, according to new data. And investors are bringing short-term rentals online faster than guests can book them. Continue reading