Articles by tag: airbnb
The last couple of weeks have been littered with headlines sounding the alarms on the short-term rental market. As one key viral tweet framed it, new data shows Airbnb is collapsing; revenue is tanking for Airbnb properties across key metros in the U.S. from Phoenix and New Orleans to Austin and Denver. According to […]
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Architecture & Design
‘The Airbnb Effect’ on America’s Housing Market
As the United States faces a housing shortage (according to research published by Freddie Mac, the shortage of housing units stood at 3.8 million by the end of 2020), locals are pointing accusatory fingers towards ‘the Airbnb effect’ on the housing market. Research published in the Harvard Business Review shows that single-time rental platforms […]
Hospitality
Travel Tech Innovator Gives a Vision for Hospitality’s Future
Even as COVID’s Delta variant surges across the US, interstate tourism ebbs and flows between setting new highs and lows, with states like Florida seeing tourism numbers higher than pre-pandemic levels, while the TSA reports a 10-week low in travelers as the pandemic resurges in parts of the country. How is this remaining uncertainty in […]
Hospitality
How a Travel Tech Startup is Solving the Luggage Storage Problem Through Crowdsourcing
Driven by consumer desires for new experiences, innovative technologies and environmental impacts – travel is changing. Host Sarah Dandashy explores the technologies and logistics that power travel and the brands that build unforgettable experiences. Traveling is one of the most rewarding endeavors, but it is also one of the most challenging. One hurdle is storing things […]
Articles
Introducing Dtravel, a Blockchain-based Airbnb Rival
SYDNEY, Australia, June 16, 2021 (GLOBE NEWSWIRE) — Former executives from Airbnb, Expedia, and other global technology companies have joined forces with Binance-backed Travala.com to launch Dtravel, a decentralized platform for the home-sharing economy facilitating short and long-term stays payable with cryptocurrency and traditional payment methods. Dtravel is backed by a $5M seed fundraising round from Kenetic […]
Hospitality
People Don’t Miss Business Travel, says Airbnb CEO
Airbnb’s quarterly revenue blitzed analysts’ estimates, but it declined to give a financial forecast and is cautious about 20-21. CEO Brian Chesky tells Bloomberg Technology’s Emily Chang that indications are pointing to a big rebound in travel and the company is preparing for it. — Transcript: Chesky: Our model is inherently adaptable, so however […]
Hospitality
Airbnb Files to Go Public, Emphasizing “Community”
Despite a severe hit to its travel-based business model as a result of the pandemic, Airbnb has seen a rebound and is positive about building upon the net profits it saw in the last quarter. With positive earnings, the company announced its bid to IPO with a comprehensive prospectus. The company saw $219 million in […]