Airbnb
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Airbnb renters will now get pricing recommendations for their listings as part of an update to the room-sharing service today. It’s called Price Tips, and it creates ongoing suggestions for pricing creates based on several metrics, like demand for rooms, travel, and so on. For example, if there’s a conference in San Francisco, it will suggest the room owner to raise the prices… Read More
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In the largest funding round to date for a Thiel Fellow project, Ritesh Agarwal has raised $25 million from Lightspeed, Sequoia and others to build a branded budget hotel network across India. Called OYO Rooms, the company partners with property owners across India and makes sure that their facilities meet a baseline of requirements from linen quality to breakfast to Internet access for… Read More
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As Airbnb continues to work through negotiations with hotel and housing regulators in some markets, it’s not wasting any time in building out its footprint globally. The accommodation rental juggernaut is partnering with T-Mobile parent Deutsche Telekom to preinstall its app in Android smartphones sold across 13 markets in Europe, including DT’s home market of Germany. Those… Read More
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It looks like Airbnb is going to get a reprieve on facing a huge regulatory showdown on November’s ballot in San Francisco. A former planning commissioner and affordable housing activists had paired up to put new regulation on the ballot that would have clarified rules on short-term rentals throughout the city. It would have been far stricter than a set of rules supervisor David Chiu… Read More
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