Alternative Accommodation

PhocusWire's in-depth coverage of the alternative accommodation sector, featuring news, analysis, interviews, research and more on home-sharing, short-term rentals, timeshare, homestays and other property types.

vacasa-q1-2022
News / Online
Vacasa Q1 2022 revenue nearly doubles year-over-year
By Mitra Sorrells | May 11, 2022
Vacasa says in January it reached a milestone of generating more than $1 billion in rental income for its homeowners over the preceding 12 months. Read More
sonder-q1-2022-earnings
News / Online
Sonder revenue slips due to omicron in Q1 2022
By Jill Menze | May 11, 2022
For Q1 2022, Sonder revenue decreased from the previous quarter to $80.5 million, while adjusted EBITDA was negative $83.5 million. Read More
airbnb-may-22-updates
News / Online
Airbnb enables “split stays” to ease inventory woes
By Mitra Sorrells | May 11, 2022
"Split stays" are part of Airbnb's newest version of its platform, described as “the biggest change to Airbnb in a decade.”   Read More
oyo-vacation-rental-direct-booker
News / Online
OYO acquires vacation rental business Direct Booker
By Linda Fox | May 10, 2022
Croatia-based vacation rental management company Direct Booker is said to have more than 3,000 homes on its platform. Read More
Inside Expedia Group's new unified loyalty program
News / Online
Inside Expedia Group's new unified loyalty program
By Jill Menze | May 9, 2022
Called One Key, the program will allow loyalty members to earn and burn points across all of Expedia Group’s brands. Read More
Listening to travel brands, a deafening silence on sustainability
Interview / Online
Listening to travel brands, a deafening silence on sustainability
By Kevin May | May 6, 2022
Much needs to change in the minds of executives in this industry and in the banking community, alongside the decisions being made by consumers. Simply providing information to influence consumer choice... Read More
ALERTS: New deals, products, partnerships and hires in digital travel
News / Technology
ALERTS: New deals, products, partnerships and hires in digital travel
By PhocusWire | May 6, 2022
The backbone of the travel, tourism and hospitality industry is powered by technology and digital services. Here we capture new deals and partnerships, product launches and important hires all in one... Read More
booking-holdings-q1-2022
News / Online
Booking Holdings reports quarterly record for gross bookings of $27B
By Mitra Sorrells | May 4, 2022
Booking Holdings' adjusted EBITDA in the Q1 2022 was $310 million, compared with an adjusted EBITDA loss of $195 million in Q1 2021.   Read More
Expedia Group revamps marketplace, tech platform as part of new strategy
News / Online
Expedia Group revamps marketplace, tech platform as part of new strategy
By Jill Menze | May 4, 2022
At Expedia Group’s annual Explore partner event, the online travel giant outlined a new strategy that includes rewarding hotels for providing a better guest experience. Read More
mint-house-35m
News / Startups
Mint House raises $35M led by Mohari Hospitality
By Mitra Sorrells | May 4, 2022
Mint House reports its revenue grew more than 200% in 2021, and in the last two years the company has tripled its property count, now at 22 properties in 14 markets. Read More
One in five Airbnb stays over 28 days, revenue hits $1.5B for Q1 2022
News / Online
One in five Airbnb stays over 28 days, revenue hits $1.5B for Q1 2022
By Kevin May | May 3, 2022
The U.S.-based home-sharing and alternative accommodation giant saw revenue increase by 70% year-over-year and 80% higher than corresponding quarter in 2019 ($839 million). Read More
Expedia Group revenue jumps 81% as travel recovery continues
News / Online
Expedia Group revenue jumps 81% as travel recovery continues
By Jill Menze | May 2, 2022
For the first quarter of 2022, Expedia Group revenue was $2.2 billion, an 81% increase from $1.2 billion in Q1 2021. Read More
NUMA strikes deal to manage and operate €500M hotel portfolio
News / Startups
NUMA strikes deal to manage and operate €500M hotel portfolio
By Mitra Sorrells | May 2, 2022
NUMA Group has entered into a strategic partnership with LaSalle Investment Management to create a portfolio of properties in major cities around Western Europe. Read More
Sounding Off: It’s not on guests to make short-term rentals safer
Interview / Online
Sounding Off: It’s not on guests to make short-term rentals safer
By PhocusWire | April 29, 2022
The short-term rental industry must do a better job of vetting travelers – but not at the expense of well-meaning guests. Read More
STARTUP STAGE: Raus wants to be the digital platform for off-grid stays
Interview / Startups
STARTUP STAGE: Raus wants to be the digital platform for off-grid stays
By Linda Fox | April 28, 2022
The startup, which wants to expand beyond Germany, has received total funding of €3.2 million with the founders of TIER and HomeToGo among investors. Read More
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