Tag "Airbnb"

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Industry News

Hotels thrive even in the age of Airbnb

Disruptors like Airbnb are forcing the hospitality industry to rethink its business models, a leading global hotel investment adviser said Oct. 6 at the Cornell Hospitality Research Summit. Those innovations, and shifting demographics and globalization, will help catalyze a “golden age” of travel in the next 25 years, he said. (Cornell Chronicle)

Government Affairs Lodging

Seattle Refocuses On Short-Term Rentals

The Seattle City Council is working to get short-term rental legislation approved before the year’s end. In an important step forward, the council passed legislation regulating short-term rentals out of

Industry News

How the Hotel Industry Views Its Future (and Airbnb)

When Jeff Weinstein stays at a hotel, he is no average guest. Every little detail gets his attention. (The Atlantic)

Industry News

Airbnb Adds Restaurant Reservations to Compete With Priceline

Startup invested $13 million in restaurant app maker Resy. Airbnb aims to be a one-stop-shop for travel and leisure. (Bloomberg)

Industry News Lodging News Room

Eye on Hospitality: Hotels Upping Their Tech Game to Beat Airbnb

By Paul Schlienz   Airbnb is on every hotelier’s mind. And for good reason. For anyone who hasn’t been paying attention, Airbnb is an online marketplace and hospitality service. It

Industry News

Hilton’s Tru hotels are millennial-friendly and low budget

Lookout Airbnb, Hilton’s trying to woo the millennial market with a new line of low-cost hotels that put craft beer and hangout space front and center. Tru hotels dial down costs with easily cleanable rooms that are 20 percent smaller than average and located outside of expensive cities. (Curbed)

Industry News

Rooms for rent: Tri-City homes boost Airbnb rural trend

Shawna Holland stayed in an Airbnb rental while traveling and loved it. Still, when her husband John suggested they list their Richland basement for rent on Airbnb, she was wary. Actually, she thought he was crazy. (Tri-City Herald)

Industry News

Airbnb said to ready a premium tier to compete more with hotels

Airbnb is close to launching a new service that will match guests with quality-inspected home and apartment rentals. The product is intended to attract higher-paying travelers who have yet to use Airbnb because they prefer the amenities guaranteed by fancy hotels, said three people familiar with the project. Chicago Tribune)

Industry News

Airbnb’s Biggest Weapon Against Hotels: Machine Learning

Airbnb numbers among Valley’s darlings, reportedly valued at $31 billion and actually profitable, the latter being a novelty among startups. It’s less beloved by the hotel industry. (Inc.)

Industry News

How hotels can compete in the new accommodation economy

We all know the message that Airbnb is supposedly beating the hotel sector in a number of ways.
While the hotel industry is experiencing strong growth since the downturn of the economy, alternative (private?) accommodation from the likes of Airbnb and HomeAway has been chipping away at the hospitality sector’s total addressable market. (Tnooz)

Industry News

Hotels, feeling the pinch of Airbnb, promote local experiences

“Tourist” has become a dirty word in the hospitality business. The preferred word? (CNBC)

Industry News

Hotel industry rests uneasily with growth of Airbnb and other short-term rental services

For the upcoming summer vacation season, travelers have an array of choices: Beach or mountains? Fly or drive? (Washington Times)