Surge in travelers causes a shortage of available short-term rentals

Owners of second homes are removing their properties from platforms like Airbnb and Vrbo so they can use them for themselves. A shortage of inventory is straining the vacation-rental market and competition among listing platforms is fierce, according to a new report by the Wall Street Journal.  To keep up with the boom in bookings, … Read more

Ahead of travel season, Airbnb makes it easier to list properties

As vaccinations roll out and travel is set to pick up again this summer, Airbnb has made a number of changes to its platform and services. On Monday, the short-term rental company announced that it is making over 100 changes to how it will work with both hosts and guests going forward. While the majority … Read more

Airbnb faces Q1 loss of $1B

Despite continuing to suffer losses in the wake of the pandemic, Airbnb’s CEO Brian Chesky expressed optimism about an upcoming summer full of pent-up travel demand. Property investors rode a wild wave during the pandemic, with the short-term rental market stopping, then restarting, and property prices in many second-home markets soaring. What does the future … Read more

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