The combined company has over 18,000 venues on the platform，currently serving over 5,000 businesses collectively.
TravelFlan claims to be working with 100-plus travel content and product suppliers including Klook, Marriot and Tuniu.
Resort Lodging Company's landlord partners will benefit from Vacasa’s dynamic pricing, marketing and booking expertise, and partnerships with top listing sites such as Airbnb and Booking.com.
By 2023, Airbnb’s share will drop to 69.5%, but will still retain its market dominance.
The company hopes to achieve the $1 billion unicorn goal by 2024.
The tourism industry has created an estimated number of 32,000 new employment positions in northwest China’s Xinjiang Uygur Autonomous Region in the first half of the current year.
The transaction was approved by the People’s Bank of China on September 30 and has now closed.
The strategic investment will allow the firm to gain entry to Vietnam’s booming market of nearly 100 million people.
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