The rate cuts are in — and the CE 100 Index has taken note. This past week, the Federal Reserve cut its benchmark Fed Funds rate by 0.5% — the first such move in four years. And as is always the case when the central...
With some cities suffering housing shortages, Airbnb is eyeing long-term stays. The vacation rental company is focused on expanding its long-term rental business, meaning stays of 28 days or more, CEO Brian Chesky said at a travel conference, Reuters reported Thursday (Sept. 19). “Stays of...
Airbnb says New York City’s short-term rental law hasn’t done its job. “In the wake of stringent measures, consumers are instead facing all-time high hotel prices and residents facing all-time high rents,” the company wrote on its blog Tuesday (Sep. 3) as it called on the city to...
As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets and evolving preferences. Expedia is enhancing its One Key loyalty program with a co-branded credit card and expanding its global...
September 23, 2024
The rate cuts are in — and the CE 100 Index has taken note. This past week, the Federal Reserve cut its benchmark Fed Funds rate by 0.5% — the first such move in four years. And as is always the case when the central bank cuts rates, especially at this magnitude, a number of […]
August 16, 2024
As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets and evolving preferences. Expedia is...
May 13, 2024
The CE 100 Index was up 1.7% through the past week, and earnings were the dominant theme across all pillars. Pay and Be Paid Pillar Leads the Pack Pillar by...
February 13, 2024
Just as banking-as-a-service (BaaS) and software-as-a-service (SaaS) have reshaped their respective industries, a new “as a service” model is emerging in the travel and tourism sector. This tourism-as-a-service concept aims...
October 16, 2024
Airbnb has launched a service for potential hosts who are pressed for time. The company’s Co-Host Network lets property owners find help with things like setting up listings, managing bookings and communicating with guests directly from the Airbnb app, according to a Wednesday (Oct. 16) news release. “With the Co-Host Network, we’re taking the work out […]
September 19, 2024
With some cities suffering housing shortages, Airbnb is eyeing long-term stays. The vacation rental company is focused on expanding its long-term rental business, meaning stays of 28 days or more,...
September 03, 2024
Airbnb says New York City’s short-term rental law hasn’t done its job. “In the wake of stringent measures, consumers are instead facing all-time high hotel prices and residents facing all-time high...
August 08, 2024
Consumers are reportedly delaying or cutting back on travel and experiences amid an uncertain economic outlook. Online booking platforms, airlines, hotels and other companies in this sector have noted this...