LUGGit raises €1.8m to drive expansion strategy
Spain / Portugal: Professional luggage management service company LUGGit has sealed a €1.8 million financing round with three investment funds focused on Portuguese companies.
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Investment
Brookfield reportedly scraps £4bn-plus Center Parcs sale
UK: Canadian private equity firm Brookfield has scrapped plans to sell holiday village chain Center Parcs in a £4 billion-plus transaction due to high interest rates and inflation.
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Foothold launches real estate crowdfunding product
US: Miami-based startup Foothold [Foothold.co], a real estate crowdfunding platform for investing in unique hotels and glamping spaces, has publicly launched its product.
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Dubai sees sharp rise in number of holiday homes
UAE: The number of registered holiday homes in Dubai increased by 45 per cent year-on-year, according to property consultancy Asteco.
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Cabin rental startup Raus notches €8.5m in fresh funding
Germany: Berlin-based cabin rental startup Raus, which offers immersive retreats in nature settings, has obtained more than €8.5 million in fresh funding.
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Summer raises $68m in Series A funding and debt facility
US: Real estate proptech startup Summer has announced that it has completed a $68 million fundraise, including an $18 million Series A funding round and a secured debt facility of up to $50 million.
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Hilton Grand Vacations to buy Bluegreen Vacations in $1.5bn deal
US: Vacation home ownership company Hilton Grand Vacations has agreed to buy Florida-based brand Bluegreen Vacations for $1.5 billion, including debt.
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Superhog raises £5.5m to revolutionise STR security
UK: Vacation rental risk management solution Superhog has announced that it has raised £5.5 million in Series A funding.
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Kasa closes $70m Series C funding round
US: Kasa Living, a tech-powered, flexible accommodations brand and operator, has closed a $70 million Series C fundraise to fund and accelerate its expansion across the United States.
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Samara secures $41m in Series A funding round
US: Samara, the latest venture launched by Airbnb co-founder Joe Gebbia which adds small homes to people’s backyards through its Backyard product, has secured $41 million in a Series A funding round.
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