Vacasa to go public at $4.5bn valuation via SPAC merger
US: Portland-based vacation rental management platform Vacasa has announced that it has entered into an agreement to become a publicly traded company through a business merger with special purpose acquisition company [SPAC] TPG Pace Solutions. Upon closure of the transaction, the combined company is expected to trade publicly under the ticker symbol ‘VCSA’ and earn Vacasa a […]
Dtravel secures 200K property milestone in first month
Australia: Dtravel, a blockchain-based decentralised platform for the home sharing economy, has announced that it has secured over 200,000 properties in more than 2,000 cities since launching last month. Dtravel is backed by a $5 million seed fundraising round from Kenetic Capital, Future Perfect Ventures, DHVC, Plutus VC, GBV Capital, AU21 Capital, Shima Capital, LD […]
Most desirable UK holiday let features revealed
UK: Researchers at cottage rental agency My Favourite Cottages have examined Google search data to find out which holiday let features are the most desirable, as UK travellers seek to make the most of the heatwave and ‘Freedom Day’ to get away. Despite plans for international travel to open up again, and with those double vaccinated more likely to be able to go […]
Price no longer the primary driver of travel decisions
US: New research by Expedia Group has revealed shifting views on travel, including positive sentiment on vaccine passports, increased budgets, and an enduring demand for safety and financial security. The Traveller Value Index examined the views of 8,000 people in eight countries to understand their values and expectations as the pandemic becomes more controlled in many parts of the […]