Home rental company AirBnb has just got another $1 billion (£821 million) cash injection to be used for expansion. The company, which disclosed the funding in a securities filing on Thursday, raised the money in a financing round that began last summer. The company is now valued at soem $31 billion, but this filing did not list new investors.
Airbnb is eyeballing a deal to acquire the payment app Tilt for between $10 and $20 million. If the deal goes through it will probably amount to an employee hire and some back end tech only.
Airbnb announced recently collaborations with a number of tech companies, in order to boost the company’s business conversions. API tests last year with the likes of Live Rez, BookingPal, Kigo and LeisureLink, as well as other connections, promise Airbnb hosts a billboard to reach even more guests. Tech connectedness is certainly Airbnb’s forte, as is the shared economy, but there’s some trouble brewing too. Here’s a look at what’s up with travel’s most forward thinking company this month.
HomeAway, the innovative vacation rental startup we’ve covered before, has invested $20 million in in social review startup Gogobot. Along with Battery Ventures and Redpoint Ventures, HomeAway aims to enhance profitability of the larger entity via restaurant and other ancillary recommendations.
Leading B2B vacation rental platform IAVRA has just announced latest reported inquiries for the coming World Cup 2014 and seasonal rental trends. According to the company chalets and city apartments top the list for Brazil, while a surge in Christmas inquiries show prominence with IAVRA agents.
IAVRA, a b2b vacation rental platform for the travel trade Argo covered earlier this year, has just released a new vacation rental survey showing the US as the most desirable rental locale. Polling the platform’s 1000 plus travel agents, IAVRA was able to pinpoint the most requested holiday rentals worldwide.
Every Baby Boomer contemporary I know remembers the family beach vacation rental. Sure, we stayed at the Holiday Inn or Thunderbird Inn every now and then, but back when the best value was just a house or condo rental. And guess what? For the most part, renting a vacation flat, villa, home, or even houseboat beats forking over ten times as much for a hotel room.
According to UK’s leading holiday rentals website, HomeAway.co.uk, contemporary travelers are becoming more willing to organize their own holidays in order to achieve desired results. Photo courtesy Wikipedia The era when travel agents were taking care of our vacations seems long gone. Nowadays, more and more holidaymakers prefer to do their own research, book accommodations directly […]
travelmob, the unique Asia traveler accommodation portal, has announced having received a cool $1 million in seed funding. The round, led by Jungle Ventures and private investors, is intended to spur growth for the startup across Asia. Launched back in July, travelmob hooks Asia guests up with short term rentals across the region.
Key findings from PhoCusWright, presented by Tnooz, reveal the strength of Europe’s holiday rental segment. Despite the complexities of the European holiday rental market, the potential for revenue there is undeniable, PCW estimates the current in the report titled: PhoCusWright’s European Vacation Rental Marketplace: 2011-2013. €20 billion euro is one powerful incentive for studying rentals.
With Super Bowl XLV headed to living rooms and sports bars everywhere this weekend, one highly anticipated aspect of that great event is, of course, the ever present commercials which often entertain more than the game itself. Remember the time when your parents rented that beach house for the Summer? HomeAway remembers.