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The short-term rental sector is growing, but property managers have been having a hard time as supply has outpaced demand.
Justin Dawes | 4 months ago
Announcements
From travel marketing's AI-infused reboot to blended travel's entrenchment and the rise of Indian travelers as a force, Skift's 2023 Travel Megatrends are holding up nicely. That's a teaser for Megatrends 2024-style.
Dennis Schaal | 4 months ago
Short-Term Rentals
Consider this a peek behind the curtain of VTrips, which has not been immune from the layoffs rocking the property management industry.
Dennis Schaal | 7 months ago
Hopper is in a much deeper state of hurt than it is letting on. It has a trimmed down vision to focus on direct hotel relationships after two of the biggest online travel agencies in the world departed as partners.
It's clear that elements of these layoffs include some offshoring support, and trims that are AI-induced.
Early in the pandemic, a bunch of property managers handling multi-family buildings went out of business. Many vacation rental property managers have recently faced a softer reckoning, but an inflection point nonetheless.
Dennis Schaal | 10 months ago
A short-term rental customer can shift up and down the value chain better than most. Awaze Group’s Henrik Kjellberg and Evolve’s Brian Egan share why they believe their consumers' demands are different from those in other industries.
Jess Wade, Skift | 10 months ago
News Blog
Vacation rental property manager Evolve is laying off 14 percent of its staff — or 164 employees. In a memo to employees, Evolve’s chief executive officer Brian Egan wrote “We are operating in a market that has become increasingly dynamic and volatile. Specifically, marketwide supply growth has considerably outpaced demand growth, which has led to…
Srividya Kalyanaraman | 11 months ago
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…
Srividya Kalyanaraman | 1 year ago
Sonder will have to see if it can make its pricing competitive while eliminating cleaning fees as a separate guest charge. There could be some reputational upside if the financials work out.
Dennis Schaal | 1 year ago
