ZoloStays’ revenue from operations stood at $3.88 million for FY18 while it incurred a loss of $576.24K. The startup plans to clock $14.4 million in revenue in the next financial year.
Whether Overture's economics will prove out depends on a crucial and expensive missing element: Boom doesn’t have an engine lined up yet.
Horizn has sold a six-figure number of suitcases with its products having been mainly promoted through social networks.
While revenue management is focused on the whole revenue of a business, including ancillary revenue and spending, yield management focuses on the price and the volume of sales.
Just as challenging as it is for Airbnb to offer more hotel-like options, it seems in some ways even more daunting for hotel companies to start offering more Airbnb-like accommodations.
Trialling controversial campaigns in a smaller area is always wise and if it proves successful in one market, consider taking it to other suitable ones.
Until the details are finalized, the jury’s still out on the impact of a Marriott-Expedia agreement. But suffice it to say, these frenemies still depend on one another.
Airbnb Inc. and other home-sharing firms won’t have to comply with a New York City law requiring them to turn over renter data until a lawsuit over the issue is resolved.
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