:
Airbnb share price is “more than stretched” says Wall Street analyst
Reading Time: < 1 minuteUS: Airbnb shares fell on Monday after Wall Street analysts warned that first-day trading surges resulted in a “precarious” market valuation. Airbnb’s valuation is “more than stretched” when compared with other travel peers, research firm Gordon Haskett said in a note downgrading the stock to underperform from buy. Airbnb shares soared 113 per cent on […]
Former Airbnb market manager Rinaldi joins Much Better Adventures
Reading Time: < 1 minuteRinaldi, who managed the launch and growth of Airbnb Adventures, has been appointed US head of adventure. In her previous role as global Airbnb adventure market manager, Rinaldi promoted Airbnb’s range of multi-day experiences before being made redundant in May as Airbnb scaled back due to the pandemic. Rinaldi, who will be based in California, […]
Michael Paul Holidays buys Caravan Sitefinder
Reading Time: 2 minutesUK: Michael Paul Holidays has acquired Caravan Sitefinder, an online portal for caravan, camping and holiday parks across the UK.It bought the site from from Tribalogic, developers of holiday park property management system Bookster, for an undisclosed sum. Attracting almost a million visitors a year, Caravan Sitefinder will benefit from “a major investment package to […]