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The Travel Industry Braces For Coronavirus Staycation
Tuesday, March 3, 2020 - 11:07am | 1027As COVID-19 cases continue to soar outside of China, its impact is expanding over markets worldwide, causing stocks to plunge. But considering that this is the time when people are usually looking to book their summer holidays, things could get even worse for the already troubled travel industry....
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Airbnb Stops Check-Ins In Beijing Due To Coronavirus Outbreak
Monday, February 10, 2020 - 7:13am | 368Airbnb Inc. has decided to halt check-ins at all of its Beijing listings until March due to local regulations in China that aim to stop the spread of the novel coronavirus. What Happened Airbnb has released a statement which said that it would offer refunds to all those customers who have...
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Airbnb COO To Step Down In 2020
Monday, November 25, 2019 - 12:49am | 272Airbnb COO is stepping down as Chief Operation Officer, CNBC reported. What Happened Belinda Johnson, Airbnb Chief Operation Officer, will leave her position in March 2020, according to her note in Airbnb Newsroom. She is citing work-life balance as the main reason for her decision....
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Airbnb Secures Big Deal With Olympic Committee
Monday, November 18, 2019 - 4:41pm | 222Airbnb and the International Olympic Committee announced on Monday a partnership deal. The nine-year, five-Games partnership is designed to create a new standard for hosting. The 2020 Olympics will be held in Tokyo, Japan and the 2024 Olympics will be held in Paris, France. Financial Times...
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'Party Houses' Banned On Airbnb After Halloween Shooting
Monday, November 4, 2019 - 12:46am | 404Airbnb will no longer allow "party houses" to list on its platform, the company’s CEO Brian Chesky announced on Saturday. What Happened Chesky’s announcement comes in the wake of the Halloween night shooting in Orinda, California, on Thursday that left five people...
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Cashing In: 4 Ways To Use Credit Card Rewards
Friday, October 11, 2019 - 3:30pm | 550Depending on the type of credit card you signed up for, you might be eligible for many kinds of rewards. A good credit card is often well-worth an annual fee, as long as you are using it properly. Here are the best ways to redeem your credit card rewards. Travel Credit card bonuses are one of the...
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Maple Leaf Motoring: vHub Wants To Be The Airbnb Of Trailers
Monday, September 30, 2019 - 10:40am | 902Maple Leaf Motoring is a weekly rundown of developments in the world of Canadian transportation. This week: vHub prepares to launch trailer-sharing platform in the U.S., trucks get smaller boost in speed-limit pilot, Ontario could exit pot distribution business, and Calgary firm exports shipment of...
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Tripadvisor Gets An Upgrade On Its Underappreciated Experiences Segment
Wednesday, June 19, 2019 - 3:38pm | 328Tripadvisor Inc (NASDAQ: TRIP) is seeing an upgrade on its rapidly expanding "Experiences" segment. The Analyst SunTrust analyst Naved Khan upgraded from a Hold to a Buy rating and maintained his $60 price target. The Thesis Khan says Tripadvisor's expanding experiences segment now...
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2019: A Record Year For IPOs?
Monday, April 8, 2019 - 2:19pm | 1088Renaissance Capital's early 2019 research portended good things for the IPO market. In January, the financial firm cited a “large backlog” of U.S. IPOs that grew during the federal shutdown. In February, it found more than 220 private companies looking to go public ...
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Report: Pinterest Eyeing IPO This Year
Friday, February 22, 2019 - 11:47am | 337Pinterest, the social media platform that allows users to "pin" images or videos to their boards, is aiming for an initial public offering in 2019, according to The Wall Street Journal. What Happened Pinterest confidentially submitted paperwork with the Securities and Exchange Commission...
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The Unicorns Most Likely To Test IPO Waters In 2019
Sunday, December 23, 2018 - 10:55am | 1068Despite a rough fourth quarter, 2018 was a robust year for U.S. IPOs, with deal numbers and proceeds rising 19 percent and 32 percent, respectively, to 190 and $47 billion, according to IPO investment manager Renaissance Capital. The firm attributed the buoyancy to abundant health care, tech and...
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Analyst: Alternative Accommodation Leaders Will Surpass Top Hotel Chains Volume By 2021
Tuesday, December 18, 2018 - 3:41pm | 515The visibility of the "alternative accommodations" space has gained popularity with the rise of Airbnb and eventually forced major hospitality players to follow suit. Guggenheim says the idea is "going mainstream fast," with analyst Jake Fuller estimating the marquee alternative...
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Report: Airbnb Wants SEC Rules Changed To Give Hosts Company Equity
Friday, September 21, 2018 - 5:22pm | 449Hospitality service Airbnb provides an online marketplace that allows users to rent out their houses, properties and spare rooms to travelers. The service reported 29 million users in the U.S. and Europe in 2017, and 33 million so far in 2018, according to a study conducted by Statista....
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The Upwork IPO: What You Need To Know
Thursday, September 6, 2018 - 3:13pm | 463Global freelancing company Upwork recently filed for an IPO. The company plans to trade on The Nasdaq Global Market under the ticker symbol “UPWK.” The Details Some of the company’s main underwriters include Citigroup, Jefferies, Stifel and RBC Capital Markets. Based on...
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3 Largest Public Travel Companies By Market Share
Thursday, August 16, 2018 - 11:20am | 714As technology evolves, we continue to see competition among the largest international, public travel companies including Expedia Group Inc (NASDAQ: EXPE), Booking Holdings Inc (NASDAQ: BKNG) and Ctrip.com (NASDAQ: CTRP), among others. Booking Holdings, previously known as Priceline, clearly...