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...Some car rental groups operate a “buyback” model, where the manufacturer agrees to repurchase the vehicle at a set price....
...Offering rentals of up to a year represented a “huge opportunity”, Chesky said....
...Hart, who during his time at Expedia worked on a number of acquisitions including of vacation rental service Vrbo and booking site Orbitz, declined to comment on any potential plans for a public offering...
...Existing short-term rentals will be reclassified automatically....
...Earlier this year, residents in Paris voted to ban rental e-scooters, shutting down what had once been the industry’s largest market....
...The US short-term rental group is a top-level sponsor of the games....
...The company’s last proxy filing states that he remains eligible for free Hertz car rentals for the rest of his life....
...In today’s newsletter: Everybody Hertz sometimes Unilever says goodbye to ice cream European bank bonuses dip, unsurprisingly A Wall Street rental car dream becomes a nightmare A year ago, Hertz released...
...Holiday rental platform Airbnb launched a $6bn share buyback programme on Tuesday as it said 2024 would be an “inflection point” for its business....
...The economics of scooter rentals have never made sense at any level. The cost of buying and maintaining a fleet is high. Yet rental prices need to stay low to keep riders....
...Italian prosecutors said Airbnb had failed to comply with a 2017 law obliging short-term rental platforms to collect 21 per cent of landlords’ rental income on behalf of tax authorities....
...The move by the San Francisco-based group comes after Facebook parent Meta announced its debut dividend earlier this month, triggering a record leap in its stock price, while home rental site Airbnb expanded...
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
...Internet giants Alibaba, Tencent and ByteDance have taken measures to limit the rental of Nvidia’s GPUs and have reserved the majority of these stockpiled AI processors for internal use and important clients...
...A year later, the supply crunch meant the rental rates it could charge customers had rocketed....
...Instead of sleeping on pullout sofas, guests may now find themselves in minimally furnished properties purchased as rental investments....
...A number of EV makers have recently scaled back expansion plans, including Ford and General Motors, while rental group Hertz is selling one-third of its electric fleet to buy more petrol vehicles....
...But it would be odd indeed if rental inflation did not converge to current market rents eventually....
...illustrates: Some of the sources we talked to for last week’s piece, who argued public Reits were oversold, run far more detailed analysis at the property level, including crucially taking views on properties’ rental...
...When Moris arrived in September 2022, with the tourist season still going strong, he found no long-term rentals available....
...Office-rental company WeWork suggested $3tn. A TAM projection is no reason to invest in a stock....
...Instead, we saw the first signs of disinflationary green shoots in easing apartment rental data and concluded that the economy was headed in the right direction....
...A version of this article was first published by Nikkei Asia on August 21. ©2023 Nikkei Inc. All rights reserved....
...“It has become a bigger company and this could create the perception that it needs more insurance,” said Kevin Lacroix, an attorney and executive vice-president at RT ProExec, a unit of RT Specialty, an...
...In 1983, he founded Aristotle Inc, a technology consultancy that sold voter data to political campaigns....
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