Airbnb’s $100 Billion Valuation as Shares Soared 115% in Stock Market Debut
Airbnb’s highly anticipated stock market offering opened at $146 per share on Thursday, more than doubling the $68 per share…
Flagship Kerns Launches One of the First Co-Living Spaces in Knoxville
The big city co-living trend has arrived in Knoxville, Tennessee with the opening of Flagship Kerns in January 2021. Flagship Kerns…
Starcity Acquires Co-Living Rival Ollie
San Francisco-based Starcity has acquired co-living rival Ollie’s technology, assets, and management contracts reported Commercial Observer. The acquisition will expand Starcity’s portfolio…
Is Airbnb’s Regulatory Risk Overblown?
As Airbnb sets to go public in December, one lingering concern is whether tightening regulations would slow its growth. An…
Domio to Shutter, Another Casualty of Short Term Rental Arbitrage
Short term rental start-up Domio is planning to shut down and sell off assets after running out of funds. Domio…
Key Learnings from Airbnb’s S-1
Airbnb’s IPO filing was made public Monday and we finally get a look inside the company through its numbers. Airbnb…
Mint House Takes Over Lyric’s Remaining NYC Property
Tech-driven aparthotel start-up Mint House is taking over Lyric’s 70 Pine Street location in New York City’s financial district as…
JetBlue to Offer Short Term Rentals Soon
JetBlue is making a foray into the short term rental business, adding to its growing non-air portfolio of businesses that…
Sonder Accelerates Expansion of Its Hotel and Short Term Rental Model
Hospitality start-up Sonder has ambitions beyond short term rentals. The company is making a play in hotels with a vision…
Booking.com: Alternative Accommodations Account for One-Third of New Bookings in 3Q
Booking has 6.5 million listings in the alternative accommodation space. In the U.S., “alternative accommodations grew low double digits [in…