Many hoteliers for the last several years have minimized the impact of short-term rentals on their bottom lines in what could be seen as an Airbnb defense. But a new report suggests that alternative accommodations, as well as growth in hotel supply, curb U.S. hoteliers' options to hike average daily rates during peak periods.
The Washington, D.C., hotel market has always been a safe bet for developers because the nation's capital can usually withstand any economic downturns or political upheaval.
Hotel bookings made well in advance, and some made at the very last minute, all culminated in hotels across the UAE posting record occupancy rates for New Year's Eve - a momentum that many hospitality experts say will carry over into the new year as the UAE gets ready to host Expo 2020 Dubai.
Over the past decade, the alternative accommodation sector has experienced huge growth. This has been driven by the meteoric rise and proliferation of online travel agencies, spearheaded by Airbnb, that have very effectively tapped into a huge well of pent-up consumer demand - both from business travelers looking for a cheaper, more convenient alternative to a hotel and from tourists and holidaymakers seeking a "home away from home."
Home rentals like those offered by Airbnb and Vrbo have been a thing for years now. In fact, we've gotten to the point where the brand name "Airbnb" is synonymous with the service it offers. Instead of staying in a hotel room, you stay "in an Airbnb."
Travelers are already accustomed to using self-service kiosks to check in at the airport and pick up their rental cars. Now the Department of Homeland Security and the Transportation Safety Administration are exploring the feasibility of a passenger self-screening solution at airport security checkpoints for TSA PreCheck members.
In online travel, everything is tactical and not necessarily permanent. But for now, at least, those coveted Airbnb listings are appearing in Google's vacation rental pages in some European cities. This could have big implications for both companies if those listings remain.
Calendar shifts can have a significant impact on U.S. performance results.
Expedia does it. So does Booking Holdings, TripAdvisor, Vacasa, Red Awning, and several of the online travel agencies' sub-brands such as Agoda, Vrbo, Hotels.com, and Holiday Lettings.
The rapid growth of Chinese tourism took a bit of a breather during the latest week-long National Day holiday, government data indicate.
As many as 1.3 million holidaymakers will be unable to fly into Spanish destinations this autumn and winter due to the Thomas Cook collapse.
Where you stay makes all the difference on the road. Even if you only plan to spend your sleeping hours in a hotel room or apartment or rental home, inconvenient or unappealing accommodations can detract from -- or ruin -- an otherwise lovely trip.The range of choices and amenities is vast, but one of the key decisions these days is whether to go with a traditional hotel room or opt for a rental property through Airbnb or a similar site with listings from ultraluxurious villas to bare-bones guest rooms.Fluffy bathrobes, turndown service and breakfast in bed or a private residence with DIY meal possibilities and room to spread out?Weighing in on this debate are two CNN Travel staffers. We also want to hear your rationale. Please submit your reasons for booking a hotel or a rental property in the form below.
On the March 1, 2013, Thomas Cook announced the formation of a new digital advisory board to help management identify "the leading-edge trends for online businesses".
Airbnb has always put itself out there as not just another startup or your grandmother's online travel agency. Going the direct listing route, as opposed to a far costlier initial public offering, could fit in nicely with that narrative.
HotelTonight's acquisition by Airbnb last March represented a happy outcome, but it wasn't inevitable. Back in 2015, HotelTonight faced layoffs and fundraising hiccups. Here, co-founder and CEO Sam Shank shares some of the ways he got his company back on track.
Marriott knows two things for certain about its homesharing business launched back in April: The offering is still tiny compared to market rivals, and Marriott Bonvoy, the industry's largest loyalty offering at 133 million users, will likely be the catalyst for its growth.
Airbnb, the pioneer of the sharing economy, disruptor of hotels, curator of experiences, has kept themselves in the news this year. With their CEO hinting at a 2019 IPO, their purchase of HotelTonight in March, and the recent announcement of Airbnb Adventures, established hotel chains continue to watch and worry. To see how Airbnb stacks up against some of the biggest hotel chains (Marriott, Hilton, and InterContinental), Edison Trends took a deep dive at the sales between them, based on 2.6M transactions in the US.
In addition to its regulatory woes, Airbnb confronts a vexing problem — what's the company's identity?
Radisson Hotel Group will be co-branding some of its European properties with the name of new owner Jin Jiang as part of a plan to boost the number of Chinese visitors.
A myriad of topics were up for discussion during a CEO panel at the NYU Hospitality Conference Monday featuring the leaders of Marriott, Hyatt, AccorHotels, International Hotels Group, and Choice Hotels. Chief among them were the Chinese economy and the big elephant in the room — homesharing.