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Whimstay partners with Wyndham to add 30k resort listings
Reading Time: 2 minutesUS: Online travel site Whimstay, which helps travellers to find the best deals on last-minute vacation rentals, has added more than 30,000 resort rentals to its platform after partnering with global resort and timeshare firm, Wyndham.
Vacasa to introduce community association management programme
Reading Time: 3 minutesColorado: Portland-based Vacasa has launched a community association management programme that will provide management services to Colorado’s vacation rental homeowners. The vacation rental provider had already recently expanded its reach in July when it launched its own real estate offering. Meghan Lutterman of Vacasa community association management programme said: “This is a new offering from […]
Wyndham agrees sale of European rentals business for $1.3 billion
Reading Time: 2 minutesUS: Wyndham Worldwide Corporation has agreed to sell its European vacation rental business to Platinum Equity for around $1.3 billion. The European vacation rental business has entered into a 20-year agreement under which it will pay a royalty fee of one per cent of net revenue to Wyndham’s hotel business for the right to use the “by […]
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 […]