IN BRIEF Competitive Market: Explore alternatives to major OTAs like Airbnb and Booking.com. Niche Sites: Cater to specific demographics to attract targeted travelers. Diversify Revenue: Reduce reliance on OTAs and increase direct bookings. Platforms Overview: Key niche platforms include Plum Guide, Homes & Villas by Marriott, and Whimstay. Performance Tracking: Use KPIs to measure success […]
IN BRIEF 2024 Challenges: Rapid changes, tough decisions for property managers. Webinar Insights: Key trends from industry experts. Market Share: Analysis of Airbnb, Vrbo, Booking.com, and direct bookings. Diversification: Importance of using various platforms to minimize risks. Platform Updates: Innovations from Airbnb, Booking.com, and Vrbo. Actionable Strategies: Adopt best practices to optimize listings and enhance
IN BRIEF Short-term rentals (STRs) contributed €19 billion to the EU’s GDP in 2023. Supported over 300,000 jobs across Europe; analysis based on a report from Oxford Economics. STRs benefit rural economies and facilitate tourism in lesser-known locations. New regulations needed to accommodate economic growth without pushing activities to the informal sector. Report challenges the
IN BRIEF Airbnb collaborates with UNESCO and Goa’s Department of Tourism to launch host training programs. Programs in Bali and Goa focus on enhancing local hosts’ skills in sharing cultural stories and empowering communities. Canada introduces a $50 million Short-Term Rental Enforcement Fund to regulate short-term rentals and boost affordable housing. Avantio partners with Key
IN BRIEF Self-Check-In Ban: Italy enforces a ban affecting short-term rentals. Regulatory Background: Based on a stricter interpretation of existing laws. In-Person Identification: Mandatory for all guests, impacting operational logistics. Higher Costs: Increased expenses for property managers due to compliance. Challenges for Small Hosts: Smaller operators may exit the market due to operational burdens. Impact
IN BRIEF 65% of people feel nostalgic for 1980s Christmas. Classic festive music, old-school movies, and Christmas decorations highlighted as cherished elements. 48% want to share 80s Christmas experiences with younger generations. Booking.com offers a unique ‘Home of Christmas Past’ experience in London. Homestay features retro decorations, VHS movies, and 80s festive food. Available for
IN BRIEF 2025 is projected to be a calmer year for Airbnb and Vrbo hosts. Occupancy rates are expected to stabilize, showing slight increases. A slowdown in new listings will reduce competition for existing hosts. Demand for large homes with several bedrooms at affordable rates is on the rise. As the short-term rental market continues
IN BRIEF Ana Luiza Sestrem faced a $100 nightly increase or cancellation for her pre-booked accommodation. Sestrem booked her Canterbury getaway in October and was notified of the price hike shortly after. Booking.com later agreed to cover the cost difference as a gesture of goodwill after media inquiry. The initial rate was $286.29 per night,
IN BRIEF Italy’s new regulation bans lockboxes for Airbnb and short-term rentals. Guests must now meet property owners in person to receive keys. Purpose: enhance public safety and prevent risks associated with unauthorized occupants. This rule is in effect ahead of the 2025 Jubilee in Rome, anticipating millions of tourists. Airbnb acknowledges the changes and
IN BRIEF Booking.com allows users to book trips for others by entering their email addresses. If an email address linked to an existing account is used, the trip is automatically added to that account. Errors in email entry cannot be corrected post-booking. Booking.com claims there are no system glitches or security breaches. The support team
