Issue No. 8
October 12, 2026
The day's figures on short-term rentals: rates, occupancy, demand, fees, supply and returns.
Briefs from this issue
- Returns
Booking Holdings generated $7.35 billion in quarterly revenue
$7.35 billion in quarterly revenue was reported by Booking Holdings, representing an 8.1% increase, ainvest reported. According to consensus data, Booking trades at roughly 15 times forward earnings compared to Airbnb's 31 times. TipRanks data shows an average price target of $233.29 for Booking, representing about 46% upside, while analysts project a target of $188.61 for Airbnb, or roughly 15% upside.
- Returns
Airbnb reports second-quarter revenue of $3.608 billion
$3.608 billion in second-quarter revenue was reported by Airbnb, up 17.00 percent year over year, according to a Q2 filing summary cited by Ad Hoc News. During the quarter, gross booking value rose 16.00 percent to $27.247 billion, while Nights and Seats Booked increased 10.00 percent to 148.3 million. Ticker Scout reports that net income reached $816.0 million and adjusted EBITDA reached $1.261 billion for the period.
- Rules & Money
Historic Brampton property converts into five holiday letting rooms
Five holiday letting rooms have been created inside the Grade II-listed Prince Charlie's House in Brampton, News & Star reported. Applicant Deborah Stalker is seeking retrospective planning permission from Cumberland Council to convert the upper floors of the historic property, which served as Bonnie Prince Charlie's siege headquarters in 1745. According to the planning application, conversion work began in June 2025 and was completed in February, incorporating five en-suite bathrooms while retaining historic features.
- Rules & Money
Seven Los Angeles County cities propose higher transient occupancy taxes
Seven L.A. County municipalities are proposing higher transient occupancy taxes on lodging and short-term rentals, Secret Los Angeles reported. According to NBC Los Angeles, municipal leaders argue the revenue will fund essential services like 911 emergency response and fire protection without raising taxes on local residents. The proposals include Hawthorne's Measure O to raise hotel taxes from 12% to 17% generating $3.1 million annually, and Burbank's Measure C raising rates from 10% to 12% to generate $3 million.
- Supply
Chaletô expands short-term rental portfolio to over 500 properties
500 properties are now managed by Quebec-based short-term rental management firm Chaletô after scaling up from 10 units in 2022, AOL reported. Cofounder Samuel Sévigny says he started the business in 2022 with four friends and four units they owned. According to Sévigny, the company decided to incorporate in 2022 to professionalize its operations, allowing it to grow its management portfolio to over 500 cabins and condos across four years.
- Rules & Money
Las Vegas homeowner fined $41,000 for unlicensed short-term rental
$41,000 in fines was levied against a Las Vegas homeowner by the City of Las Vegas for operating an unlicensed short-term rental, FOX5 Vegas reported. According to city documents, code enforcement officers calculated $41,500 based on a $500 daily fine for more than 80 booked days. Documents submitted by the owner's attorney state that the home was purchased in August 2025 with an existing short-term rental tenant, and the attorney has asked the city to reduce the fine based on actual guest stays.
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