The easing of COVID-19 restrictions and pent-up travel demand helped several vacation rental companies recover last year. However, the Omicron outbreak impacted the pace of recovery. While uncertainty ...
How would Expedia and its Vrbo unit compete in short-term rentals against a juggernaut like Airbnb? Set realistic expectations and play to your strengths. Five years ago, Airbnb toyed with the idea of ...
Short-term rental companies like Airbnb and Vrbo — owned by Expedia Group — are facing big challenges from states and municipalities looking to reduce their local presence. But these mega-companies ...
Expedia Group Inc. is preparing to spend a record amount on marketing this year to narrow the gap with its vacation-rental rival Airbnb Inc. Expedia aired a series of ads during the AFC and NFC ...
Booking.com, with its hotels, vacation rentals, flights and wider array of brands, is a larger and more well-rounded company than Airbnb. Booking seems to be making gains at the expense of both Airbnb ...
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Airbnb's financials have shown robust growth despite the challenges of the pandemic, outpacing travel peers. Competitors like Expedia's VRBO are making moves to challenge Airbnb's dominance in the ...
Shares of Expedia Group Inc. and Airbnb Inc. traded higher Wednesday, after analysts wrote that online-travel booking “trends remain robust on pent-up demand and a resilient consumer.” Oppenheimer ...
Travel company Expedia has downplayed the threat from Airbnb saying that the ramifications of the room-renting behemoth have been "immaterial at this point". Speaking on an earnings call earlier this ...
The late-pandemic return to travel has obviously been good for companies supplying ways to book getaways. However, the upside, as always, is relative. Late Thursday, online travel agent Expedia Group ...
Expedia, Airbnb, and other travel stocks drop amid discovery of new COVID-19 variant, market selloff
Travel platform Expedia (EXPE) and home sharing site Airbnb (ABNB) are two of the stocks swept into the market sell-off on Friday over concerns of a COVID variant first detected in southern Africa.
Expedia reported 8% growth in lodgings bookings from the same quarter in 2019. That progress looks good until you remember Airbnb just posted three-year growth of 73%. Airbnb's profit also improved by ...
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