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Platinum Equity in pole position for Wyndham’s European rentals business
Reading Time: < 1 minuteUK: US investment firm Platinum Equity is reported to be nearing a £720 million deal to buy Wyndham Worldwide’s European vacation rental division. The sale involves brands including Hoseasons, Cottages.com and James Villas, which have a combined 4.4 million properties on their books. Platinum Equity is understood to have seen off a bid from CVC Capital […]
Travel buyers warming to sharing economy options
Reading Time: < 1 minuteUK: A recent poll of travel buyers has shown an increase in the incorporation of sharing economy providers in travel programmes and their independent use among travellers. In a poll of 243 buyers by the Business Travel Show, 58 per cent of respondents agreed that alternative accommodation and transport providers such as Airbnb and Uber are a […]