The travel space race is firmly on. We all know about billionaire plans from Jeff Bezos, Elon Musk and Richard Branson to launch a new era of galactic tourism, but now there is another player on the market. And they want to make space tourism more available to more travellers. Space Perspective is on the brink of transporting […]
One trick ponies – just 15% of global short term rentals use more than one OTA channel
Check out this Venn diagram from Transparent, which dramatically illustrates how one dimensional the distribution strategies are of most short term rental property managers – just 15% are using a multi-channel strategy – and of course the market dominance of Airbnb. Transparent explains: “In addition to booking power, Airbnb controls the lion’s share of inventory and […]
Fee for all coming to an end with Airbnb’s host commission switch?
Pricing is set to get a shakeup in Australia’s short term rental (STR) industry from November 1 when Airbnb scraps guest service charges and moves to a 15 per cent host commission only model – up from 3 per cent – for its software-connected hosts and property managers. It is a huge change for an […]