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Vacasa to acquire Wyndham Vacation Rentals for $162 Million

Vacasa to acquire Wyndham Vacation Rentals for $162 Million

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.

07/31/2019|3:46:46 PM|Skift
Rotterdam-based personalized travel booking engine Vakanties.nl raises €5 million

Rotterdam-based personalized travel booking engine Vakanties.nl raises €5 million

Vakanties.nl will use the investment to develop a non-linear chatbot, and hopes to serve 50,000 travellers next year.

07/31/2019|12:00:39 PM|EU-Startups
MakeMyTrip narrows operating losses after growth across air, hotels and bus divisions

MakeMyTrip narrows operating losses after growth across air, hotels and bus divisions

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.

07/31/2019|11:30:15 AM|PhocusWire
Certify, Inc./Chrome River acquires Emburse to revolutionize expense and card solutions

Certify, Inc./Chrome River acquires Emburse to revolutionize expense and card solutions

Emburse has processed hundreds of millions of dollars of company spend over tens of thousands of credit cards, while doubling revenue every year.

07/30/2019|3:53:00 PM|Yahoo Finance
Franchise Hotel Qingzhu secures three financing rounds in H1 2019

Franchise Hotel Qingzhu secures three financing rounds in H1 2019

Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.

07/30/2019|3:04:23 PM|ChinaTravelNews
United invests in Clear to offer frequent flyers easier screening

United invests in Clear to offer frequent flyers easier screening

Clear, whose past investors include Delta Air Lines, uses biometrics—scans of eyes and fingerprints to move users through airport security faster.

07/30/2019|12:00:17 PM|Skift
Traveloka is in talks to raise USD 500 million new funding

Traveloka is in talks to raise USD 500 million new funding

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.

07/30/2019|11:38:29 AM|KrAsia
Tech-based hospitality company RedDoorz raises $45M Series B

Tech-based hospitality company RedDoorz raises $45M Series B

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.

07/29/2019|11:53:35 AM|PhocusWire
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