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Airbnb a Threat?

It looks as if Airbnb Inc. – the online service that lets people rent their homes to travelers – may become one of the world's most valuable startups. The company is reportedly in advanced talks with private equity firms to raise funds that would give it overall market value of $10 billion - higher than major hotel brands such as Wyndham Worldwide (US$9.4 billion) or Hyatt (US$8.4 billion). With a strategy to clearly position themselves as a full-blown hospitality brand, such comparisons are both interesting and relevant.

Airbnb launches new flexible payment feature

Airbnb is taking a new approach to paying for stays. The home-sharing company is now offering “Pay Less Up Front,” a payment process that defers half of the cost of a stay until the traveler’s check-in date draws closer. Using ...

QOTW: Something about Airbnb's legal dilemmas

Quote from Apartment Investment & Management Co. (Aimco) in an article on PhocusWire this week: Lawsuit against Airbnb dismissed, but battle isn’t over “Complicit” here would be how Aimco characterizes the home-share giant’s ...