Expedia Group’s vacation rental business Vrbo plans to reposition itself as a family travel site that would offer vacation rentals, resorts, and other features facilitating family vacations.
Hurst, who was interviewed on the sidelines of the Expedia Explore ’19 conference in Las Vegas, said he sees the move as a differentiator in a crowded short-term rental marketplace, and one that has almost limitless opportunity. There’s no “ceiling that I’m worried about,” Hurst said.
He said a resort stay might sometimes make more sense than vacation rentals for some families visiting theme park destinations
Vrbo also plans to increase its merchandising of resort-style amenities such as chefs and daily cleaning services, for example, Hurst said.
Read more here
Swedish market leader Hemnet has revealed impressive results for the first three months of 2024, recording healthy double-digit growth YoY...
Read More
CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder...
Read More
Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include:...
Read More
Indian-based Proptech platform and real estate marketplace Square Yards is in talks to raise $100 million ahead of flotation in...
Read More
