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Stock impact report

A little-known vacation-rental company poked fun at Airbnb with a pointed billboard [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
The company chose a spot near Vrbo's Austin office, mimicking Vrbo's recent sign targeting Airbnb. Savvy is emphasizing its no-fee model to lure hosts and guests away from the two bigger platforms. Just in time for summer, a rivalry between vacation-rental companies is brewing. Last month, Vrbo crowned itself the "hotter, cooler, friendlier" platform with a billboard teasing rival Airbnb . Vrbo put the billboard right outside Airbnb's San Francisco headquarters. Now Savvy, a brand-new vacation rental company, is taking a shot at both of its much-bigger rivals. Savvy placed a billboard close to Vrbo's Austin headquarters to drive home its "no-fee" model, mimicking Vrbo's own playbook for poking fun at Airbnb. Savvy — an Austin-based startup with 13 employees that launched in February — promises no fees for hosts to list their properties for rent or for guests to book with them. "As the new kid on the block, we thought it would be fun," Savvy founder Eric Goldreyer told B Show less Read more
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