ONLINE TRAVEL GIANTS' MARKETING SPEND CONTINUES TO HEAD NORTH
The third quarter of 2021 saw major online travel players continue to increase advertizing and marketing spend.
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Real Estate Firm JLL Launches Short-term Rental Platform
Real estate services provider JLL is launching a short-term rental platform it’s positioning as a rival to giants in the space including Airbnb and Booking.com.
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Expedia down, Airbnb up for bookings for some hotels in Europe and Asia
With the volume of travel greatly reduced and marketing budgets slashed, hoteliers know it’s more important than ever to understand which distribution strategies are driving bookings.
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Positive outlook for the hospitality industry
The hotel industry's recovery is accelerating, overcoming the crisis. In the first half of 2021, the stocks of the major hotel groups have recovered and outgrown the indexes…
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Brand Finance: Hilton remains world’s most valuable brand
The total value of the top 50 most valuable hotel brands has decreased 33% year-on-year, down from $70.2 billion in 2020 to $47.4 billion in 2021, according to brand value consultancy Brand Finance.
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Airbnb reportedly pays tourist $7m after rape
Airbnb paid a tourist $7m (£5m) after she was allegedly raped at knifepoint at a rental property in New York City, according to media reports.
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Awaze boosts rental portfolio through further acquisitions in Europe
Vacation rental group Awaze has acquired three new holiday home companies. The acquisition of Amberley House and Portscatho Holidays in the U.K…
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Airbnb predicts unprecedented rebound in travel
Online booking platform Airbnb is predicting a travel rebound "unlike anything we have seen before" after seeing a big jump in holiday bookings.
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Airbnb: 2021 Will Be the Year of Meaningful Travel
Airbnb has released a new report and highlighted how 2021 will see a shift toward more meaningful travel as the pandemic continues to limit mass tourism and afflict the industry overall…
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Updated Airbnb IPO Filing Sets Pricing Range With $35 Billion Valuation
Airbnb plans to raise $2.5 billion with an initial public offering that will price shares in the range of $44 to $50, according to an updated filing on Tuesday. The Airbnb IPO could occur in mid-December…
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