Short-Term Rental and Vacation Rental News

Find news stories, highlighting the latest trends, developments, and opportunities in the vacation and short-term rental markets. Read stories about property management, regulation changes, and the impact of technology on the guest experience. News stories in the archive also analyze the role of major players in the industry, such as Airbnb, Vrbo, and Booking.com, and how their strategies and innovations are influencing the overall market. Furthermore, Skift’s coverage addresses the increasing demand for unique and authentic experiences, with a focus on niche vacation rental offerings. Skift’s stories equip travel industry professionals with the knowledge and insights needed to navigate the ever-changing landscape of vacation and short-term rentals, in both urban and traditional vacation destinations.

News Blog

Airbnb Suspends Listings in Myanmar Amid Political Unrest

Airbnb has suspended hosting of all lodgings in Myanmar as the country has implemented strict laws prohibiting foreign tourists from staying at unregistered guesthouses or hotels. February this year marked the two year anniversary after the military coup at the start of February 2021, when democratically elected members of the country’s ruling party, the National…

News Blog

Sonder’s New Top Financial Exec Has Skin in the Game — 2.7 Million Stock Options

Sonder, the property management company that went public through a blank check merger, or SPAC, found someone to replace its outgoing chief financial officer with the help of 2.7 million stock options as an incentive. The Sonder Europa in Washington, D.C. Source: Sonder It is challenging to recruit a chief financial officer when your stock…

News Blog

Zumper Enters the Vacation Rental Market

Rental platform Zumper is entering the vacation rental market.  The San Francisco-based company has launched Vacations by Zumper, which includes listings Bookings.com, Vrbo, as well as hotels. It has partnered with Evolve and Rentals United — Evolve is providing 27,000 home listings to Zumper, and the site has launched with 50,000 new hotel listings.  The…

News Blog

Inspirato and Saks Enter Into Marketing Pact Mixing Travel and Fashion

Would you like a luxury travel subscription from Inspirato with those Amina Muaddi Rosie 95MM Metallic Leather Slingback Pumps from Saks Fifth Avenue? Saks Stylists will mix pitches to buy Inspirato Passes with style recommendations under a partnership between the companies. Source: Saks That could conceivably be a sales pitches as Inspirato entered into a…

News Blog

Lucerne Caps Short-Term Rentals to 90 Days

The Swiss city of Lucerne is the latest to place restrictions on short-term rentals. Lucerne citizens voted (64 percent) to limit short-term rental stays to a maximum of 90 days per year.   Lucerne is the fifth city in Switzerland after Geneva, Zurich, Basel and Bern to cap short-term rentals. The initiative was led by Social…

News Blog

Fairbnb.coop Launches in the UK to Promote Community Tourism

Sustainable tourism organization Fairbnb.coop has launched in the UK.  Bologna-based Fairbnb.coop, which promotes community-powered tourism, has launched in the United Kingdom, with a goal to bring in B&Bs, inns and other private accommodations. Fairbnb.coop connects conscious travelers with hosts who aim to create sustainable and equitable communities around the world.  Fairbnb’s 15 percent commission is…

News Blog

OTA Insight Now Offers Short-Term Rental Data to Hoteliers

OTA Insight, a London-based startup that helps hotels track competitors’ rates, will now include short-term rentals. The company launched Rate Insight+, which it claims is the first service to give hoteliers a competitive landscape of both hotel and short-term rental data.  At least 46 percent of travelers who paid for lodging in 2021 stayed in…

News Blog

Airbnb Trims Recruiting Staff by 30 Percent

Airbnb reduced its recruiting staff by 30 percent — affecting perhaps a couple of dozen jobs — even as the company plans on increasing its overall workforce in 2023. A spokesperson told Bloomberg that the layoffs came this week to align the size of Airbnb's recruiting staff with the scale of projected hiring this year.…

News Blog

HomeToGo Earns $155 million in 2022 Revenue, Surpasses Initial Guidance

German vacation rental marketplace HomeToGo’s revenue grew to €146 million ($155 million) in 2022, up 54 percent from the comparable period in 2021. This is well ahead of its initial guidance of €120-125 million ($127-$132 million) for 2022. The announcement is part of the company’s preliminary results for 2022.  During the same period, the Berlin-based…

News Blog

MYNE Acquires German Rival VillaCircle

Berlin-based MYNE, which manages co-ownership of holiday properties, acquired its rival VillaCircle.  The company did not disclose any details of the deal. A company spokesperson told Skift that the “deal has an eight digit valuation.” MYNE will take over the real estate and customer care of VillaCircle, and existing operations will be transferred to the…