Expedia Group Media Solutions adds HomeAway to media portfolio
US: Expedia Group Media Solutions, the global digital advertising organisation of Expedia Group, has announced the addition of HomeAway to its global media portfolio of travel brands. As a brand of the Vrbo family of websites and part of Expedia Group, booking platform for holiday homes, villas and cottages, HomeAway.co.uk in the UK and Vrbo.com in the U.S. will […]
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 by BNM Ventures and New York Angels with participation from Newark Venture Partners and Harvard Business School Alumni Angels. The latest investment takes the company’s total funding to date to $6.5 million. A venture round is […]
OYO to furlough US and UK staff, considering layoffs
Worldwide: Hospitality chain OYO is planning to furlough the majority of its staff across its non-main markets of the US and the UK. The company said it would place an unspecified number of employees on furlough until lockdown measures were lifted. The company, whose net loss had risen to $335 million by the end […]