The plan going forward is to make Urbandoor’s longer-term listings bookable through Airbnb.
Existing investor Atresmedia and Michael Zeisser, the former chairman of U.S. investments for Alibaba Group, also participated in the financing.
It is aiming to close the deal in August, which will be its first Korean acquisition in five years.
RevPAR in China fell 1.3 percent, and RevPAR for Asia-Pacific declined 0.2 percent.
The company will use the funding to research and develop museum content and exhibitions.
Amadeus' revenue increased 14.4% to €2,833.6 million; EBITDA expanded 10.7% to €1,193.4 million; and adjusted profit increased 9.9% to €666.7 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.
Vakanties.nl will use the investment to develop a non-linear chatbot, and hopes to serve 50,000 travellers next year.
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