Vacasa completes first Wyndham Vacation Rentals integrations
US: Vacation rental management platform Vacasa, which acquired Wyndham Vacation Rentals for $162m in October, has announced that the first market integration of its properties has been finalised in Park City, Utah. 176 vacation homes in Park City have been taken over by Vacasa, increasing the company’s portfolio to more than 275 in the community. […]
Agarwal reportedly invests $693m in OYO in protracted deal
India: OYO founder and group CEO, Ritesh Agarwal, has invested an estimated $693 million in the company, according to online publication Inc42. Once the transaction has been officially completed, it will become the richest cashout in India’s startup ecosystem. Agarwal is expected to retain an 18.03 per cent share of the company, up from the […]
Airbnb China hosts Belo Awards for business
China: Airbnb China has hosted its annual Belo Awards, which comprises of categories including Best Housing Design, Best Hospitality, Best Community Contribution, and Best Entrepreneurship. According to Airbnb China president Peng Tao, hosts from more than 90 cities across the country participated in the competition. Tao said at the event: “2019 was the year when […]