Reading Time: 4 minutesLatAm: Proptech startup Casai has ceased operations in Brazil and its native Mexico after its founders announced the sale of their operations and portfolio in both countries to other operators based in Latin America.
Reading Time: 4 minutesUS / Worldwide: During a summer so far defined by natural disasters [e.g. wildfires in Greece, floods in Italy, droughts in Southern Europe], flight delays and cancellations, and pilot shortages, Elad Schaffer of travel insurtech Faye, discusses the dos and don’ts when offering travel insurances for hospitality providers.
Reading Time: 2 minutesCanada / LatAm: Brazilian neobank and digital financial services platform, Nubank, is making its first step into the travel category by partnering with Canadian online travel agency and app, Hopper.
Reading Time: 2 minutesUS: Retail corporation Walmart, which operates a chain of hypermarkets, discount department stores, and grocery stores across the United States, has tapped Expedia Group to power its new travel website, WalmartPlusTravel.com.
Reading Time: 3 minutesUS: Short-term rental advocacy organisation Rent Responsibly has announced the release of its new à la carte menu of support services for short-term rental alliances across the United States.
Reading Time: 2 minutesFrance: Marseille-based holiday club operator Villages Clubs du Soleil has completed its acquisition of holiday rental specialist Vacancéole for undisclosed terms.
Reading Time: < 1 minuteArgentina: Latin American online travel agency Despegar is planning to double its global property inventory in the short-term rental market by the end of 2023 as it continues to bet heavily on the segment.
Reading Time: 2 minutesUK: Family-owned holiday let management company Host & Stay has acquired Host So Simple, a Liverpool-based short-term let property management company.
Reading Time: 2 minutesUS: Luxury travel subscription brand Inspirato has announced its second round of job cuts this year, laying off around six per cent [50 team members] of its workforce.
Reading Time: 2 minutesUS / Worldwide: Expedia Group has laid off an undisclosed number of team members in the United States and abroad [including in Czechia], in departments including travel operations, support, IT, recruiting, marketing and B2B services.
: