Zeus raises $15m, valuation drops by 50 per cent
US: Corporate housing provider Zeus Living, which received financial backing from Airbnb in December, has raised $15 million in equity
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Investment
Futurestay closes $2.4m venture round
US: New Brunswick-based vacation rental management system Futurestay has announced it has raised $2.4 million in a venture round, led
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Sonder in talks over $150-175m investment
US: Short-term rental apartment operator Sonder is reportedly in discussions with prospective investors Fidelity and WestCap Group about raising funding
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PointCentral acquires Doorport for smart management capacity
US: PointCentral, a property management solution, has acquired New York company Doorport, who focus on smart home systems. This will
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Frontdesk secures $6.8 million Series A funding round
US: Tech-enabled short-term apartment rental startup Frontdesk, which aims to transform the way people experience travel, has announced it has
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Expedia Group names Kern as CEO and raises $3.2bn in capital
US: Expedia Group has named Peter Kern and Eric Hart as its new chief executive and financial officers, taking over
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LuggageHero pre-registers 1500+ potential investors in fundraising campaign
Copenhagen: Luggage storage network LuggageHero has announced it has pre-registered more than 1,500 potential investors for its upcoming crowd-sourced fundraising campaign through
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Booking.com plans for lay offs after landing $4bn loan
Netherlands: Online travel agent Booking.com has told employees in an internal memo that layoffs from the company are “probable”, just
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FantasticStay reaches agreement to acquire Vreasy
Bulgaria / Spain: Vacation rental management platform FantasticStay has confirmed that it has reached an agreement to acquire Vreasy, a
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Airbnb secures further $1 billion loan
US: Just one week after raising $1 billion in funding from the likes of Silver Lake and Sixth Street Partners,
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