Tag: Airbnb

Getaround, the Airbnb for cars, comes to Philly | The Inquierer

Getaround, the Airbnb for cars, comes to Philly | The Inquierer

Users can rent cars on an hourly basis for as low as $5, though prices vary depending on the make, model, and year of the car and the time of day. The price includes 24/7 roadside assistance and insurance coverage of up to $1 million. A 2010 Mazda 5 in South Philly was available to […]

Would You Rent Your Car To A Stranger? GM’s Maven Hopes So | Forbes

Would You Rent Your Car To A Stranger? GM’s Maven Hopes So | Forbes

The concept is not new. San Francisco-based Turo offers peer-to-peer car sharing in 5,500 cities worldwide and has about seven million members and 258,000 cars up for rent. “To have a big player like GM invest in the space, gives validation to the work we are doing,” said Steve Webb, Turo’s senior director of communications. […]

Airbnb treads carefully as regulator demands transparency | PitchBook

Airbnb treads carefully as regulator demands transparency | PitchBook

After facing off with the likes of Uber and Google, the European Commission has done it again. The Commission and EU consumer authorities have given Airbnb seven weeks to revise its terms and conditions after announcing they do not comply with current rules. The announcement includes the assertion that the second most valuable startup in […]

With Startups And Big Data, Airbnb Hosts Take The Human Out Of Pricing | Crunchbase News

With Startups And Big Data, Airbnb Hosts Take The Human Out Of Pricing | Crunchbase News

Airbnb’s Own Pricing Tool Airbnb started to develop its own intelligent pricing algorithm in 2012. The service is currently offered to hosts free of charge. When hosts turn the Smart Pricing option on, their listing prices will be updated automatically. According to Airbnb’s website, Smart Pricing bases their algorithm on over 70 factors. Higher prices […]

Airbnb commits to more transparent pricing | The Budapest Business Journal

Airbnb commits to more transparent pricing | The Budapest Business Journal

The GVH launched a procedure against Airbnb in October 2016 on suspicion that information on pricing it provided to consumers was misleading. Airbnb has committed to display on its Hungarian website the total price of lodging, including cleaning fees and fees for additional guests, once customers enter the dates of their planned stay, national news […]

Rookie mistakes to avoid when you start an Airbnb rental | courier journal

Rookie mistakes to avoid when you start an Airbnb rental | courier journal

Letting Airbnb set your price Here’s the thing. Airbnb takes a cut of every stay, from both the host and the guest. I’m no mathlete, but if they book two million rooms a night (that’s their norm) at $100 apiece, they make more money than if they book a million at $250 (prices are just […]

Airbnb Denies It Has Surge Pricing For The Boston Marathon | BISNOW

Airbnb Denies It Has Surge Pricing For The Boston Marathon | BISNOW

AirbnbWATCH issued a report that accuses the short-term home rental website of price gouging for Boston’s biggest sporting event. A downtown Boston apartment that normally fetches $77 per night was listed for $2K per night the weekend of the marathon. A condo that normally rented for $89 per night was asking $1,200 that weekend. Airbnb […]

Airbnb Claims ‘Price Gouging’ by Detroit Hotels During NCAA Games This Weekend | Deadline Detroit

Airbnb Claims ‘Price Gouging’ by Detroit Hotels During NCAA Games This Weekend | Deadline Detroit

Deadline Detroit contacted the two named sites, both part of the Marrioitt group, for a chance to discuss rate changes during peak booking periods. Sales and marketing directors Scott Stinebaugh of the Westin on Washington Boulevard and Judy Booth at the riverfront Marriott didn’t return voice messages left early Wednesday afternoon. A communications team member […]

Pricer’s Points: Is dynamic pricing good for restaurants and hotels? | Linchi Kwok

Pricer’s Points: Is dynamic pricing good for restaurants and hotels? | Linchi Kwok

According to the theories in classical economics, an equilibrium price of a product will be reached in a free market when supplies meet demands. When supplies remain stable, an increase in demands will result in a higher selling price for the product. Restaurants and hotels offer service products that are perishable in nature (e.g., restaurant […]

Interview with Appear Here CEO Ross Bailey | Business Insider

Interview with Appear Here CEO Ross Bailey | Business Insider

Bailey had the idea for the business while running his own pop-up. He quit school at 16 to move from his home in Buckinghamshire to London and was involved in several entrepreneurial endeavours before running a temporary fashion stall in Soho to coincide with the 2012 London Olympics. He noticed that people were coming up […]