[Morning Brew] Why Do the Biggest Hotel Chains Create So Many Different Brands?
When you’re planning a trip, it may seem like you’re wading through a sea of endless hotel options, but many of those hotel brands are hiding a secret – they’re owned by the same company. Why do hotel mega-chains spend so much time and money creating these different brands? We’ve got the answer. BU SHA […]
[New York Times] Will Hotels Finally Beat Rentals in the Lodging Tug of War?
In cities from New York to Vienna, new short-term-rental restrictions — designed to improve housing availability for residents — are poised to boost the bottom lines at hotels. In New York in November, shortly after Airbnb and the like were limited to stays of 30 days or longer, hotel occupancy was up 6 percent and […]
BU Today – Flying over the Holidays? Plan to Buckle Up for a Bumpy Ride
If you’re flying to see family or friends this holiday season, allow for a little flexibility—and a lot of grace, advises Makarand Mody, SHA associate professor of hospitality marketing. Professor Mody gave BU Today some expert tips to make it a smooth ride. Read More
Insider – New York City is enforcing a ‘de facto ban’ on Airbnb. Will travelers be better off without it?
Airbnb isn’t fun anymore and new rules only make it worse… New York City’s new requirement that a host is on-site will likely deter potential Airbnb customers, according to Makarand Mody, BU SHA associate professor of hospitality marketing. “Nobody wants a host in there,” professor Mody told Insider. “I think over time, as more entire […]
Airbnb’s Impact on NYC Hotels: Winners, Losers, and Dueling Forecasts of New Law
“You’d think a shrinking supply of short-term rentals would be a big boost to hotels. But it’s not at all clear how it will play out, and some will benefit more than others.” – Sean O’Neill New York City’s short-term rental regulations could slash up to 70% of Airbnb’s 23,000 active listings in the city after September […]
BU Today – The Pandemic Changed How We Eat, Travel, Tip. Now Things Are Changing Again
It wasn’t all COVID’s fault, but the pandemic profoundly changed how we eat, travel, and even tip—it upended the entire hospitality business. When the pandemic started in March 2020, hospitality, like a lot of other industries, all but stopped. People stayed home, didn’t travel for business or pleasure, and didn’t eat out. Workers were laid […]
Airbnb regulations will make your next New York City trip even more expensive
Regulation is once again dangling over the short-term rental sector, best known for vacation rentals found on platforms like Airbnb and Vrbo. Places like Maui, Hawaii, and Atlanta cap how many units a host can list online. Other cities like Paris limit the number of days a host can rent out a unit. New York City’s […]
Why We Are Heading Back To Hotels
Booking a holiday is difficult enough without worrying whether the Airbnb is actually living up to the standard you expect. Kerri Sackville and Jenna Price reveal why people are heading back to hotels instead. Early in 2022 I booked a stay in Northern NSW for January 2023. I did my due diligence. I spent hours […]
[The Washington Post] Professor Makarand Mody Discusses why Airbnb is more successful than ever. Why is everyone so mad at it?
Guests are over fees and chores. Hosts say they can’t fill vacancies. But the company keeps cashing in. Before they became Exhibit A of a supposed “Airbnbust,” Carrie Ann Rink and her family were living a host’s dream in Southern California. They had an attractive property in a desirable area near Palm Springs with five-star […]
[WalletHub] Professor Makarand Mody Shares his Insight on Best Foodie Cities in America
Americans today apply the term “foodie” to anyone who loves gourmet dining. But foodie culture isn’t limited to restaurants. Foodies enjoy discovering new and unique flavors wherever they can find them, including in their own kitchens and less prominent establishments like street food stalls. For these people, the experience of eating is elevated to a […]