Insights and key takeaways from GuestyVal 2025
EMEA/Mexico: This years’ GuestyVal was held in Mexico City [10-12 September] bringing together influential figures from across the global short-term and vacation rental industry to share insights on the key challenges facing the sector The three-day event, held in the heart of Mexico City, opened with a welcome reception at Hacienda San Juan, followed by […]
Airbnb’s mixed Q3 results: Nights booked soar but profit falls short
US: Airbnb posted a mixed set of results in its fourth quarter earnings report, with a noticeable uptick in revenue and nights and experiences booked but a sizeable downturn in net income.
Airbnb reports defiant outlook in “inflection year” despite Q4 losses
US: Airbnb has projected a defiant outlook for the year ahead which it views as an “inflection point” for the business, despite posting an unexpectedly high loss for the fourth quarter of 2023 in its latest earnings report.
Airbnb highlights “record travel season” but predicts Q4 “volatility”
US: Airbnb has reported a “record summer travel season” on its platform in its third quarter earnings results, although it is predicting greater “volatility” in Q4.
Casai ceases operations in Mexico and Brazil
LatAm: Proptech startup Casai has ceased operations in Brazil and its native Mexico after its founders announced the sale of their operations and portfolio in both countries to other operators based in Latin America.
Nubank to enter travel category with Hopper partnership
Canada / LatAm: Brazilian neobank and digital financial services platform, Nubank, is making its first step into the travel category by partnering with Canadian online travel agency and app, Hopper.
Despegar to double global inventory by year’s end
Argentina: Latin American online travel agency Despegar is planning to double its global property inventory in the short-term rental market by the end of 2023 as it continues to bet heavily on the segment.
Sundes raises US$500k in funding to fuel expansion plans
Chile: Santiago-based short- and mid-term rental startup, Sundes, has closed an investment round worth US$500,000.
Naya Homes closes $5m seed funding round
Mexico: Mexico City-based short-term and vacation rental management platform, Naya Homes, has closed a $5 million seed round to fuel its growth throughout Mexico.
HomeBeLike to expand into Mexico and Panama
Dominican Republic: Vacation home rental collection and travel concierge, HomeBeLike, is to expand into Mexico and Panama in the fourth quarter of 2022.