Editor's NoteThe news that Tripping.com, a venture-backed startup, had to axe 15 employees wouldn't normally give the wider industry pause. But it may say something about how difficult it is to be a pioneer in a complex and emerging sector like alternative accommodations.
Tripping and its peers are trying to build a better mousetrap in enabling consumers to comparison shop for vacation rentals and apartments — like the first metasearch sites did for flights and hotels more than a decade ago. But it is tough going. It is sort of reminiscent in some ways of the early struggles of tours and activities startups, which are only now coming into their own after years of heavy lifting. — Dennis Schaal, Executive Editor |
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