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Oasis Launches Subscriptions for Extended-Stay Apartment Rentals

“The Pablo” is a one-bedroom apartment for rent in Barcelona. Oasis Skift Take: Oasis is yet another example of how the travel sector has been testing the subscription model this year. But the company’s on-again, off-again investment history with Accor, Hyatt, and Vacasa hints at a broader story. Blended hospitality with leisure travelers is difficult […]

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Mexican Short-Term Rental Startup Casai Raises $48 Million Led by Andreessen Horowitz

An apartment in Mexico City available for rent via the travel startup Casai. Casai Skift Take: Venture capitalists rarely bet on Mexico’s travel startups. But Casai’s 80 percent average occupancy rates in August and September must’ve helped it woo top-tier investor Andreessen Horowitz. — Sean O’Neill Read the Complete Story On Skift

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Booking Holdings Is Holding Its Own Amidst the Wreckage But Then There’s Google

A screenshot from a 2019 Booking.com video, Booking.com Careers: Expand Horizons. Skift Take: The Skift Health Score ranked Booking Holdings as the overall leader in August among 100 public travel companies but the entire travel industry faces grave uncertainties. Then there’s that little search engine Google, which has an even larger travel business than Booking. […]

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Major Online Travel Exec: Negotiating With Google Is Almost Pointless

Skift Take: Deep-pocketed Google clearly didn’t appease suffering travel advertisers in any meaningful way because it didn’t have to — it’s Google. Don’t look for Google to find religion in terms of being a more collaborative partner perhaps until regulators would take it down a peg. — Dennis Schaal Read the Complete Story On Skift

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Sonder to Raise $200 Million in Funding for Its Hotel and Short-Term Rental Model

A shot of a Sonder residence. The company expects to raise $200 million as part of a Series E funding round set to close soon, as the boutique hotel-style lodging startup booms. Sonder Skift Take: Sonder is now the second unicorn in the short-term rental and hotel sector after Airbnb. At this rate, Sonder will […]

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Expedia Shuts a Short-Term Rental Biz It Created From 2 Acquisitions

Pictured is an apartment building that was managed by Vacasa. Expedia Group shuttered its short-term rental service for buildings of this type. Vacasa Skift Take: Expedia Group is trying to simplify its far-flung operations, and its multifamily, short-term rental business wasn’t a core endeavor. That’s especially true when you consider how Covid-19 has decimated demand […]

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The Travel Industry Refunds Conundrum: Survival Versus Doing the Right Thing

A passenger wears a protective mask at Adolfo Suarez-Barajas international airport on the outskirts of Madrid, Spain, March 11, 2020. Bernat Armangue / Associated Press Skift Take: If you ordered a book and it never arrived, you’d expect a refund. Simple. But if you booked a hotel and couldn’t get there because of lockdowns, you’d […]

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Are the Views of the CEOs of Tripadvisor and Booking Holdings Sage or Stale for Travel Post-Pandemic?

Tripadvisor CEO Steve Kaufer (left) and Booking Holdings CEO Glenn Fogel appeared separately at the Skift Global Forum in New York City in 2019. Skift Skift Take: Surprises will inevitably pop up that Glenn Fogel, Steve Kaufer, and others can’t envision now about what the travel industry may look like in 2022 and beyond. So […]

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Vacasa Seeks New CEO as Founder Eric Breon Steps Aside

Vacasa founder and CEO Eric Breon spoke with executive editor Dennis Schaal at Skift Tech Forum in San Francisco in June 2019. Vacasa is seeking a replacement for CEO Eric Breon. It has chosen Matt Roberts, former OpenTable CEO, as interim CEO of the vacation rental property management service. Skift Skift Take: Eric Breon grew […]

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What’s Wrong at Tripadvisor?

Shown here is a Tripadvisor store at Toronto airport. Raysonho @ Open Grid Scheduler / Scalable Grid Engine / Wikimedia Skift Take: Question: At Tripadvisor, as a controlled company, what mechanisms did minority shareholders have to pressure Chairman Greg Maffei to make dramatic changes? Answer: Relatively few. — Dennis Schaal Read the Complete Story On […]