July 2023
July 2023 was the month the trade argued over one number. A late-June tweet had put host revenue down nearly 50% in Phoenix and Austin; Key Data, AirDNA and STR Insights answered with far smaller figures, and Skift reported in mid-July that the firm named as the source had said nothing in public. Expedia Group launched One Key, which it called the first loyalty program at a major online vacation rental platform. Casai closed in Mexico and Brazil, Inspirato cut jobs again, and London's mayor asked for a registration scheme.
A look back, written in October 2026 from sources published in July 2023. Stay Gazette opened in July 2026.
Markets · 15 July 2023Data Firms Answer the Airbnb Collapse Tweet With Far Smaller DeclinesA tweet of 27 June 2023 showed revenue per available listing down by more than 46% in three metro areas and named AllTheRooms as its source. By mid-July, Key Data, AirDNA and STR Insights had produced far smaller figures, and Skift reported that AllTheRooms had said nothing in public.By Dana Whitfield · Filed 11 October 2026 · 7 min read
Platforms · 17 July 2023Expedia Launches One Key and Gives Vrbo Its First Loyalty ProgramExpedia Group announced One Key on 17 July 2023 and said it was live in the United States, with 2% back for guests on eligible Vrbo stays. Three days later a pinned post on the OwnerRez forum, relaying Vrbo, said guests could not yet spend the reward at listings connected by API.By Jesse Kohl · Filed 11 October 2026 · 7 min read
Pictures on this page. 1. Photo: Austin Skyline from the Southeast 2022 by Larry D. Moore, CC BY 4.0, via Wikimedia Commons (resized). 2. Photo: Downtown Seattle skyline from Elliott Bay 07 by Joe Mabel, CC BY 4.0, via Wikimedia Commons (resized).
What else was reported in July 2023
- 10 July 2023Landlord insurance company Steadily raised $28.5 million in a Series B round led by Zigg Capital, taking its total funding to $59.5 million. Short Term Rentalz
- 14 July 2023Expedia Group ended its supply of vacation rental and hotel inventory to Hopper, saying Hopper's features exploited consumer anxiety; Hopper said Expedia saw it as a competitive threat. Short Term Rentalz
- 18 July 2023AirDNA announced the acquisition of the location data company Arrivalist, its first purchase since Alpine Investors bought AirDNA. Short Term Rentalz
- 21 July 2023London's mayor, Sadiq Khan, called for a registration scheme for short-term rentals as figures put Airbnb listings in the city above 81,000, where the law capped short lets at 90 nights a year without planning permission. Short Term Rentalz
- 24 July 2023Inspirato announced job cuts for the second time in 2023, laying off around six per cent of its workforce, or 50 team members. Short Term Rentalz
- 28 July 2023Casai ceased operations in Mexico and Brazil and said it had transferred all of its 2,000 apartments to other operators, less than three years after a $48 million Series A round. Short Term Rentalz