The deal is a milestone for the Portland, Oregon-based Vacasa and its founder and CEO Eric Breon. It nearly doubles the startup’s inventory to more than 23,000 homes.
Vakanties.nl will use the investment to develop a non-linear chatbot, and hopes to serve 50,000 travellers next year.
MakeMyTrip reported gross bookings up 24% to $1.7 billion for the quarter ended June 30, 2019, and adjusted revenue up 21% to $198.5 million.
Emburse has processed hundreds of millions of dollars of company spend over tens of thousands of credit cards, while doubling revenue every year.
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
Clear, whose past investors include Delta Air Lines, uses biometrics—scans of eyes and fingerprints to move users through airport security faster.
This new investment could value Traveloka at USD 4.5 billion, according to the report. The company is said to utilize the fresh funds to expand its services in the region.
RedDoorz has operations in more than 80 cities in Singapore, Indonesia, the Philippines and Vietnam and operates more than 1,200 budget hotels and properties.
ChinaTravelNews is a wholly owned subsidiary of
©2019 TravelDaily Inc.