Expedia Group reports revenue growth decline in Vrbo division
US: Expedia Group has reported a decline in revenue growth within its vacation rental business, Vrbo, in the third quarter of 2019, leading the way to a lower profit margin for the year. Expedia’s Washington-based short-term rental unit, Bellevue, reported revenue growth of 14 per cent to $467 million in the three months leading up […]
Airbnb pledges to verify all listings for the first time
Worldwide: In response to a number of scandals and incidents in recent years, Airbnb has announced it will verify each listing on its platform for the first time since it launched in 2008. Last week, the rental platform pledged to ban so-called ‘party houses’ after a shooting incident at a property in Orinda, San Francisco, […]
Operto integrates with thermostat supplier tado°
Canada: Property automation system and purpose-built software, Operto Guest Technologies, has announced an integration with German-based smart thermostat supplier tado°. The integration ensures that European short-term rental property managers and their guests will be able to benefit from intelligent smart home controls, automated workflows and superior guest comfort. In addition, the integration brings enterprise-grade climate […]
Urban Living Festival 2020: Stay Live Work
London: IHM CEO Piers Brown talks to ShortTermRentalz about the reasons for setting up the Urban Living Festival in 2020, which will incorporate the Serviced Apartment Summit, and carries the slogan, ‘Stay Live Work’.