Following an in-depth investigation, the UK Competitions and Markets Authority has blocked Sabre’s proposed takeover of Farelogix. Both companies supply software solutions to help airlines to sell flights via offline and online travel agents including enabling airlines to create add-ons such as seats with extra leg room, WiFi and meals. The CMA found that the …

Despite coronavirus hitting short-term office space suppliers, with most countries experiencing instructions to work from home, some industry professionals believe that in the long run, recovery from the crisis could serve to drive up demand for flexible office space. Within the last five years, the industry evolved to focus on the tenant experience to offer …

Analysis by ASAP Business Partner Savills suggests that London’s Airbnb hosts are converting their property into long-term lets during the global lockdown. Now Airbnb itself is looking towards actively pushing hosts and guests towards stays lasting more than one month, challenging listings sites such as Rightmove and Zoopla for the traditional letting market, which is is …

The travel and tourism industry faces an unprecedented existential crisis, yet is playing its part in tackling the COVID-19 pandemic. This article outlines some ways the hospitality industry has been innovative in this, transforming vacant hotel rooms into treatment facilities; supporting staff in  closed properties find temporary jobs in sectors such as retail; providing temporary accommodation …

Last year Airbnb was estimated to be worth more than US$30bn, and has until recently been scheduled to go public in 2020. That was before the Covid-19 pandemic, and now disruptor is seeing a collapse in bookings. Hosts have no business to rely on, and their neighbours are concerned that short-term renters may spread the virus. …

Eventbrite figures show the UK event industry was worth £42.3bn in 2018, employing over 500,000 people and delivering 35% of the UK’s total visitor economy. With events being cancelled or postponed worldwide, as far ahead as July in many cases, flights grounded and a third of the planet now social distancing, the impact of the …

Airbnb has said it is offering $250 million to help hosts survive financial losses after the company agreed to waive all cancellation fees during the coronavirus pandemic. Following heated backlash, Airbnb co-founder and CEO Brian Chesky described hosts as partners, saying: “While I believe we did the right thing in prioritizing health and safety, I’m …

Airbnb’s planned marketing campaign is going to be held over to save $800 million, meanwhile the company’s executives are slashing their salaries by half. Its founders will forego salaries for the next six months, and new hires are put on hold. Last Wednesday (March 25) Airbnb spoke to its bankers via phone to extend its …

Luton-headquartered EasyJet has grounded its entire fleet of planes due to the “unprecedented travel restrictions” imposed by governments globally, without any indication of when it will restart. It had already cancelled most services apart from 650 rescue flights so far taking 45,000 people home who were stranded abroad. Cabin crew will be furloughed. Read more:

We have reported for years on the sharing economy being the future, as young consumers and business travellers found themselves renting everything rather than owning. The chance to live in someone else’s shoes, or rent a flat with furniture that went back to Ikea or another supplier at the end of your tenancy seemed to …