Expedia publishes 2020 Summer Travel Report
US: Online travel agency Expedia has published its 2020 Summer Travel Report, which analyses the latest traveller trends ahead of
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Expedia
Vrbo reports major growth as Expedia moves to cut costs
US: Vrbo is reporting significant growth as vacation rentals across the United States surge, helping to boost revenue for parent
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Vacasa secures $108m Series D round led by Silver Lake
US: Vacation rental management platform Vacasa has announced a $108 million strategic investment round. The financing was led by existing
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Expedia Group pledges $275m to COVID recovery
US: Expedia Group has promised to provide $275 million to help its partners recover from the global pandemic. Approximately $250
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Airbnb lowers internal valuation to $26bn amid drop in bookings
US: Airbnb has reportedly lowered its internal valuation by 16 per cent to $26 billion as a result of the
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Lobby group calls for OTA bailout help in line with airlines and hotels
Europe: Travel tech lobby group EU Travel Tech has appealed for the European Commission to offer equivalent bailout support to
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Airbnb fails to overturn Santa Monica rental law
California: Airbnb and Expedia’s HomeAway has failed in their bid to get a Court of Appeals to revoke a law
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Dubai startup Frank Porter expected to triple growth rate by the end of 2018
Dubai: Dubai-based property management company Frank Porter is set to triple its growth rate by the end of 2018, a
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Expedia Group acquires Pillow and ApartmentJet to help list apartments online
Worldwide: Expedia Group has acquired two companies that make it easier to list apartments on short-term rental sites like Airbnb
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eviivo acquires Expedia Group’s software tools for North American expansion plan
London: The leading independent hotels and B&B online booking specialist, eviivo, has announced its acquisition of software tools, RezOvation and
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