Tag Archives: Rental

Online Travel This Week Airbnb thinks it’s unfair that the European Commission is proposing increased data-sharing requirements on short-term rental providers across the zone, but Google seemingly is escaping the clampdown. In a reply to the European Commission proposal on data collection and sharing made earlier in 2022, Airbnb issued a statement late last month noting that small players would have compliance requirements far less onerous than major short-term rental platforms, “or even… Source link

Tesla (TSLA) rental demand appears to be off to a brisk start for Hertz (HTZ). “Demand has been very, very solid,” Hertz CEO Stephen Scherr said in an exclusive Yahoo Finance Live interview Tuesday (video above). “We’re seeing demand not just among leisure travelers but also among corporate travelers, where in fact corporations want their employees in an electric vehicle to satisfy some of their own carbon footprint objectives.” Hertz inked a deal late in 2021 to purchase 100,000 Tesla Model… Source link

Inflation has been a persistent nightmare, and rising rents nationwide are partly to blame. Unfortunately for renters, things are unlikely to get better this year. “No quick relief in rent increases,” Alan Detmeister, a senior economist at UBS, told Yahoo Finance. “Probably not getting too much worse after the early next year [or] probably peaking early next year but then a long slow, downward pace on rent increases and still staying high through at least the end of 2024.” The rental inflation… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 31, 2021 Working from home has hidden costs As we turn the calendar from 2021, certain pandemic-era macro trends are almost guaranteed to carry over into 2022.  One of them is the housing market, which — much like the labor market, where new unemployment claims remain close to their lowest in decades — is expected to remain… Source link

Yandex NV (NASDAQ: YNDX) acquired electric scooter rental company Wind, adding to its taxi and food delivery services, Reuters reports. The acquisition will include Wind’s e-scooters hardware, its R&D capabilities, and operations in Israel. The financial terms of the transaction remain undisclosed. Wind, which operates around 4,500… Source link

Nearly a month after the U.S. Supreme Court designed to keep struggling tenants in their homes as COVID-19 surges anew, assistance is slowly going out to millions of people behind on their rent. More than $2.3 billion in federal emergency rental assistance went out in August to some 420,000 households, the most of any month to date since the money was made available, according to the Treasury Department. Despite the uptick in disbursements, however, millions are still living in fear of being… Source link

Russian tech giant Yandex (YNDX) has launched an electric scooter rental service in parts of Moscow and plans to expand it to more areas over time. The service is available through the company’s Yandex.Go app. The app will help customers locate a scooter after selecting a city. First-time customers will be required to view an instruction video on how to navigate safely. Yandex plans to launch an educational program targeting first-time users of electric scooters. (See Yandex stock charts on… Source link

Expedia Group anticipates that consumers will return to booking travel in large numbers over time, and it aims to make the most of that in a phased marketing plan. The company is focusing on making the most of that effort by building up its own brands rather than others, like Google. Executives believe the alternative accommodations sector will continue to see more strength relative to other travel products in the near term. So the first phase of its marketing plan will involve a modest… Source link