When buying into a timeshare, many owners receive more weeks at the property than they could possibly use in their lives. This has created a second industry that focuses on reselling or renting out the properties. But, as the Federal Trade Commission showed this week, not all of these businesses are legitimate, some are just out to line their own pockets. [More]
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Airbnb Proves To Be A Formidable Rival For Hotels Looking To Expand To Cuba
By 7.5.16
Despite Starwood Hotels & Resorts inking a deal in March that will allow it to become the first hotel company offering rooms in Cuba, traditional lodging companies are struggling to play catch up with Airbnb, which began offering rooms for rent on the island nation last year. [More]
Airbnb Launches New Tool To Help Rental Owners Make More Money
By 6.5.15
Airbnb launched a new tool Thursday that aims to help owners of properties make the most money possible. Price Tips will create continuous suggestions for pricing based on metrics such as demand for rooms, local events and rental prices for hotels in the area. The company claims that owners who price their property within 5% of the suggested amount are four times as likley to attract a renter. [TechCrunch] [More]
