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ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017
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2:15:13 PM
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In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
Airbnb doubles revenue to $1 billion in Q3, eyeing IPO next year
11/15/2017
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6:44:36 PM
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Airbnb first became profitable during the second half of 2016. Airbnb Chief Executive Officer Brian Chesky has said his company would be ready to file for an IPO next year.
Airbnb is among possible suitors for Wyndham Europe rentals
11/06/2017
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4:18:43 PM
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Airbnb is among potential suitors for Wyndham Worldwide Corp.’s European vacation-rental business to accelerate competition against Expedia and Priceline.
Airbnb tackles home improvements
10/13/2017
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6:24:33 PM
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Airbnb plans a limited launch of Select in 2018 before eventually scaling it to hundreds of thousands of homes, out of its more than four million listings.
AccorHotels has a lot of work to do with Onefinestay
07/25/2017
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3:27:19 PM
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For calendar year 2016, Onefinestay’s pre-tax loss loss ballooned by 65 percent to $37.3 (£28.8 million); turnover grew by 7 percent to $22.3 million (£17.2 million). The business is still producing substantial losses under its new owner.
SnapTravel raises $8 million for a hotel booking service that works over chatbot
07/26/2017
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3:23:14 PM
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SnapTravel introduces chatbot, enabling users to find and book rooms via SMS texts and Facebook Messenger without an app.
Some paths Airbnb and vacation rental might take in 2017
04/06/2017
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8:46:13 PM
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Andrew McConnell, founder and CEO of Rented.com, talked about his speculations on what Airbnb and the vacation rental sector might do in 2017.
Airbnb seeks expansion in long-term house rentals
03/09/2017
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6:51:44 PM
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Airbnb is considering an expansion in the long-term rental business and has asked McKinsey & Co. to research the market. The consulting firm’s work involves conducting competitive analysis of Craigslist, reported Bloomberg.
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