Airbnb Doubles Down on Professional Vacation Rentals in Resort Areas

A sample vacation rental that has been reservable at Booking.com is this property, Villa Zest, in Suratthani on Koh Samui island in Thailand. Airbnb Skift Take: The online juggernaut isn’t satisfied with dominating urban markets. Airbnb wants to take the beaches and the mountains, too, in the battle for short-term rental bookings. So the company … [Read more…]

CEO Hints Booking Holdings Is Ready to Buy More Companies

One part of the lobby of the Booking.com headquarters in Amsterdam. The online travel agency is the largest unit in Booking Holdings, which reported earnings on Thursday. Booking.com Skift Take: Falling victim to the so-called law of large numbers, Booking Holdings saw its total revenues for the first quarter drop 3 percent from the prior … [Read more…]

Expedia Faces Stiff Headwinds in Rebranded Short-Term Rental Business

Expedia Group’s short-term rental business struggled in the first quarter of 2019. Olivia Carville / Bloomberg Skift Take: When Expedia announced the acquisition of HomeAway in 2015, then-CFO Mark Okerstrom called it “a huge opportunity on a go-forward basis.” Today, it still is, but now-CEO Okerstrom said the short-term rental business must strive to gain … [Read more…]