Data and AI: Addressing key questions and tracking their potential
US: STRz looks at the key questions that were raised and addressed at the 2024 Skift Data & AI Summit and NYU International Hotel Investment Conference in New York City.
Eurostat: 678.6m nights spent in STRs via OTAs in 2023
Europe: Guests spent 678.6 million nights in short-term rental accommodation in the European Union [EU] booked via Airbnb, Booking, Expedia Group or TripAdvisor in 2023, according to the EU’s statistical agency Eurostat.
Expedia Group undergoes executive team reshuffle
US: Expedia Group has undergone a reshuffle of its executive team, with the departure of its president of Expedia Brands, and the appointment of a new chief operations officer and chief marketing officer respectively.
Vrbo announces 2024 Holiday Homes / VRs of the Year
UK / US: Expedia Group vacation rental brand Vrbo has unveiled both its 2024 Holiday Homes of the Year in the UK, and its 2024 US Vacation Rentals of the Year, featuring the most “remarkable” holiday homes / vacation rentals in both countries.
EU legislation moves closer as Parliament reaches data agreement
France / EU: EU regulation on data collection and sharing relating to short-term accommodation rental services has moved yet another step closer after the European Parliament approved an agreement reached in November with negotiators from member states.
Expedia Group to reduce team headcount by nine per cent
US: Online travel agency Expedia Group is to cut around 1,500 jobs, accounting for nine per cent of the company’s overall headcount, as part of a restructuring and cost-cutting measure.
Gorin to replace Kern as Expedia Group CEO on 13 May
US: Expedia Group has confirmed that Ariane Gorin, the company’s president of Expedia for Business, will take over from outgoing incumbent Peter Kern as CEO on 13 May.
Netflix signs global advertising partnership with Expedia Group
Worldwide: American streaming service Netflix has signed on Expedia Group as its first global advertising partner for a multi-market campaign on the former’s ad-supported tier this year.
Travalyst launches sustainability certification initiative
UK: Not-for-profit organisation Travalyst, a global coalition of some of the biggest brands in travel and technology, is launching an initiative to acknowledge sustainability certification bodies within the accommodation sector.
2023 Wrapped: The STRz stories that defined a year
Worldwide: As we approach the end of 2023, we revisit the 20 stories that defined a year for short-term rentals, as well as our favourite video, podcast and webinar from the last 12 months.