Filed daily by the desk RSSSearchSubscribe
Stay Gazette
Airbnb, Vrbo and the business of short-term rentals, reported daily
The record

May 2023

2 stories · Platforms, The Money

May 2023 belonged to Airbnb. On 3 May it relaunched private rooms as Airbnb Rooms, opened its total price display to every guest and put checkout chores under review. On 9 May it reported its first profitable first quarter, $117 million on revenue of $1.8 billion, and said it expected its average nightly rate to dip. Around it the trade's news was mixed: Evolve cut 164 jobs, Sonder and Vacasa had Nasdaq notices over their share prices, Florida's vacation rental bill died, and Hostaway raised $175 million.

A look back, written in October 2026 from sources published in May 2023. Stay Gazette opened in July 2026.

Houses and apartment buildings cover a San Francisco hillside under a grey sky, framed by cypress branches, with a steep street running up the left side.Platforms · 3 May 2023Airbnb Relaunches Private Rooms and Lets Guests See the Total PriceAirbnb put the private room back at the front of its app, at an average it gave as $67 a night, and in the same release let every guest see the price with fees, put checkout chores under review and gave hosts a map of their neighbors' rates.By Jesse Kohl · Filed 11 October 2026 · 7 min read Aerial view of a dense city grid on a peninsula, with a cluster of downtown towers at the water's edge, a long bridge crossing the bay by way of a small island, and a second city on the far shore.The Money · 9 May 2023Airbnb Posts Its First Profitable First Quarter and Expects Average Rate to DipAirbnb earned $117 million in the first three months of 2023, then told investors it expected its average nightly rate to slip, and its chief executive said new supply would keep prices from rising. The shares fell, and hosts had a forecast for their summer.By Dana Whitfield · Filed 11 October 2026 · 7 min read

Pictures on this page. 1. Photo: San Francisco (CA, USA), Pioneer Park, Blick auf Russian Hill -- 2022 -- 3085 by Dietmar Rabich, CC BY-SA 4.0, via Wikimedia Commons (resized). 2. Photo: Aerial view of downtown San Francisco, the Bay Bridge, Treasure Island, and Oakland by Dllu, CC BY-SA 4.0, via Wikimedia Commons (resized).

Also that month

What else was reported in May 2023

  • 2 May 2023Short Term Rentalz reported on 2 May 2023 that Sonder and Vacasa had each received notice from Nasdaq that their shares were below the $1.00 minimum bid price; Sonder had until 18 October 2023 to regain compliance and Vacasa until 24 October 2023. Short Term Rentalz
  • 2 May 2023Guesty, the property management software company, announced that it had bought StaySense, a technology provider for vacation rental managers, to build a local distribution arm for US managers, Short Term Rentalz reported on 2 May 2023. Short Term Rentalz
  • 5 May 2023Florida's vacation rental bill, CS/CS/CS/SB 714, which would have preempted the licensing of public lodging establishments to the state and required advertising platforms to collect and remit specified taxes on vacation rentals, died on 5 May 2023 after the House passed an amended version 73 to 39 on 3 May and the Senate refused to concur. The Florida Senate
  • 24 May 2023Evolve, the Denver vacation rental manager, cut 164 employees, 14 per cent of the company; chief executive Brian Egan told staff on 17 May 2023 that supply growth was outpacing demand growth, Short Term Rentalz reported. Short Term Rentalz
  • 30 May 2023Blueground, the furnished rental operator, bought Nestpick, a platform for stays of 30 days or more, and said a new Partner Network would add over 18,000 units, Short Term Rentalz reported on 30 May 2023. Short Term Rentalz
  • 31 May 2023Hostaway, the vacation rental software company, announced a $175 million capital raise led by the growth equity firm PSG; its customers managed more than 100,000 properties in over 100 countries, Short Term Rentalz reported on 31 May 2023. Short Term Rentalz