Why Booking.com Suddenly Sounds More Confident Than Airbnb (and Vrbo)
Summary
Booking.com is showing strong growth in the short-term rental market, especially in the US, due to its multi-vertical travel ecosystem, loyal guest base, and diversification. Hosts should consider diversifying their distribution channels to include Booking.com to tap into this growing platform and its loyal guest base.
Key Insights
- •Booking.com's alternative accommodation (AA) listings reached 8.6 million in Q3 2025, growing ~10% YoY, and AA room nights once again outpaced total room night growth.
- •Booking.com is investing aggressively in U.S. creative marketing, including Super Bowl campaigns and strategic sports placements, which is coinciding with shorter stays becoming the norm and increased price sensitivity among travelers.
- •Booking.com's Genius program (levels 2 and 3) accounts for more than 50% of room nights, indicating a strong loyal guest base that books more frequently, cancels less, and spends more.
Action Items
- ✓For professional managers who want channel diversification, consider adding Booking.com to your distribution strategy.Effort: lowImpact: medium
Tools & Resources
- →Booking.com: Booking.com's multi-vertical travel ecosystem.
Related News

Sorry, Wall Street: Why Prism Picked India for its IPO
Prism, the parent company of Oyo, is planning a large IPO in India, highlighting the country's growing entrepreneurial ambition. This decision could signal a shift in investment and a strong belief in the potential of the Indian market, which may indirectly influence strategies of global STR companies.

Google Tests Ad Formats That Push Attractions Bookings: Scoop
Google is testing new ad formats that directly integrate booking modules for attractions like Disneyland and Universal Orlando. This could lead to increased visibility and potential bookings for experiences platforms, impacting how guests find things to do near your rentals.

MCP Explained: The AI Standard Reshaping Travel Tech
This article discusses Model Context Protocol (MCP), a new technology that streamlines how travel systems interact with AI, potentially allowing for direct bookings and bypassing middlemen. Hosts should be aware of this technology as it could impact how guests book and discover their listings through AI-powered search.

Online Travel Is Set for Growth, But AI Threatens the Status Quo
The online travel agency (OTA) market is expected to grow steadily, presenting opportunities for hosts. The OTA market generated $94 billion in revenue in 2024. Consider how to leverage OTA platforms effectively.