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The Ho Chi Minh City Real Estate Association has called for regulating accommodation-sharing services like Airbnb for better management and taxation. Such services have become popular in Vietnam in recent years as they help meet the large demand for low-cost…
The manager of the world’s last Blockbuster video rental outlet Sandi Harding is listing the store on vacation rental marketplace Airbnb as an accommodation venue for three nights only. The Oregon store will be available for a “90s-themed stay” on September…
Online reviews sound good in theory. In practice, however, they don’t work so well. Reviews were initially important as proxies of trust for e-commerce businesses, but they have now well and truly spilled over to bricks-and-mortar businesses, where the…
A picture may be worth a thousand words, but in terms of actual dollars, it could be worth many times that, once you consider the cost of all but the most entry-level DSLR cameras, lenses and other accessories. But now, a hefty price tag need not be an…
Vietnamese homestay platform Luxstay has raised $3 million from CyberAgent Ventures and other foreign investors in its bridge round. Representatives of Luxstay, the Vietnamese homestay booking start-up, said the total capital raised could rise to $5 million…
Malaysia, one market in the region which has not stifled the growth of short-term accommodation, is Airbnb’s fastest growing market in Southeast Asia, welcoming over two million guests in the past 12 months as of July 1, marking a 99% growth year on year.…
Hotel and serviced apartment tariffs outside the city center are leveling off and on the brink of declining as a result of competition from apartments leased on Airbnb and others. CBRE’s senior director, Duong Thuy Dung, said since 2016 a total of nearly…
Room rates in hotels and guest houses during the Labour Day “mini Golden Week” are not as expensive in comparison to past figures due to competition from Airbnb listings. Hong Kong had a busy weekend ahead of tomorrow’s Labour Day and saw a 9 percent rise in…
Airbnb announced it generated earnings of about $100m in 2017 while bookings grew around 150 percent, in a streak of profitability that marks a contrast with heavily lossmaking peers such as Uber and Lyft. The 2017 year marks the first full year of generating…
Short-term home rental service Airbnb on Friday called Singapore’s regulatory framework “untenable” as authorities said they planned to hold discussions with home-sharing platforms and resident groups soon on how such accommodation may be allowed. The…
Global hospitality marketplace Airbnb will expand its business in Indonesia as it considers the country to be one of the most important markets in the Asia-Pacific. Airbnb’s country manager for Southeast Asia, Hong Kong, and Taiwan, Robin Kwok, said that…
Authenticity is the standout consumer value this year, according to market research company Euromonitor International’s Top 10 Global Consumer Trends for 2017 report. It cites such examples as AirBNB’s Guidebooks feature, which lets owners share local…
Building on the global success of the sharing economy and its poster child Airbnb, a team of experienced entrepreneurs is building GuestReady.com to professionalise hosting on home-sharing platforms. The service, which is aimed at busy Airbnb hosts launches…
Cushions with cartoon dogs on, neatly rolled towels and fresh flowers are the small details that mean the most for Airbnb guests and hosts. For one host in Hong Kong, those personal touches are replicated across 52 listings, including at least 31 flats in one…
For the first time, 34 per cent of browser-based online transactions globally are now made on a mobile device, compared to slightly more than 30 per cent last quarter. And smartphones are starting to outpace tablets. These were key findings of the fourth…
Flyspaces bills itself as “Airbnb for office and retail spaces.” The idea is to build a network of offices, meeting rooms, and commercial spaces that businesses and entrepreneurs can lease for short periods or whenever they need them. This concept isn’t new,…
