Airbnb Invests in Real Estate Startup Lyric
Airbnb plans to attract more business travelers. The company is the lead investor in a $160 million funding round for Lyric, a San Francisco-based apartment service.
Airbnb plans to attract more business travelers. The company is the lead investor in a $160 million funding round for Lyric, a San Francisco-based apartment service.
Marriott’s pulling out all the stops to attract more Asian travelers, particularly from China, its top international market.
Tujia, Airbnb’s main rival in China is targeting break even in the second half of 2019 as it preps for an IPO.
Disney’s past success was based on theme parks and movies. But now it’s making a big pivot to streaming media. It’s where competitors and consumers are today.
Rapidly expanding Indian hospitality unicorn OYO has landed its first distribution partnership with a bedbank.
Marriott International has set a target of 1,000 new hotel openings in Asia-Pacific by the end of 2020.
Since 2016, Airbnb sales have tripled, while larger traditional hotel chains have seen growth of only about 11%.
Airbnb has confirmed an investment in Indian hospitality unicorn OYO. OYO was launched in 2013 and is now the sixth largest hotel chain in the world.
InterContinental Hotels Group is testing some new lighting technology to help guests get a better night’s sleep.
Google is continuing to make changes to its hotel search and recently added vacation rental listings from its partners.