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The short-term rental sector is growing, but property managers have been having a hard time as supply has outpaced demand.
Justin Dawes | 7 days ago
News Blog
Lyft launched an on-time pick-up promise when riders schedule an airport trip, and if the driver is 10 minutes or more late, the company pledges to shell out $100 in Lyft cash to passengers if they ended up needing to use another service such as Uber or a taxi. Screengrabs of the Lyft app. Source:…
Dennis Schaal | 2 months ago
Business Travel
Still some way to go, but Hertz is confident blended travel trips will boost its bottom line this year.
Matthew Parsons | 8 months ago
Hotels probably shouldn’t give up on targeting city centers, or focus too much on adding co-working spaces. And airlines maybe shouldn't rule out negotiating corporate contracts.
Matthew Parsons | 9 months ago
A cut in IPO size to almost half may be significant, but the confidential pre-filing route provides some flexibility to Oyo. However, the market conditions will determine to a large extent if the hospitality company is able to make the most of it.
Peden Doma Bhutia | 9 months ago
Ride-sharing firm Lyft has appointed David Risher, a former Amazon and Microsoft senior exec, as its new CEO. Lyft's co-founders Logan Green and John Zimmer are stepping down from their respective roles as CEO and president, and moving into non-executive roles, the company revealed on Tuesday. Risher was employee number 37 at Amazon, and was…
Both ride hailing companies are focusing on subscription products, and partners like banks to drive them, as corporate travel remains in a precarious state.
Matthew Parsons | 11 months ago
Lyft is introducing a new sustainability dashboard for companies in the Lyft Business Portal. Lyft Business is the app's travel management solution that streamlines ground transportation for organizations. Business customers starting Wednesday can access rideshare greenhouse gas emissions data for their company on the platform. That information reflects the usage of Lyft Business solutions on…
Sherry Sun | 11 months ago
The fast-growing hotelier has launched a loyalty program called "Business Pass" with a focus on micro-events. The sticking point is only about a fifth of Sonesta's portfolio is onboard.
Matthew Parsons | 1 year ago
Stephen Scherr, the former Goldman Sachs chief financial officer, has already put a stake in the ground with a new order for 65,000 electric cars from Sweden's Polestar. But can he help fix Hertz so soon after its exit from bankruptcy?
Matthew Parsons | 2 years ago
