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Airbnb leads $160 million investment in business-travel startup
A source close to the deal said that Airbnb’s investment in Lyric does not include exclusivity; Lyric can and still will advertise its inventory not only on Airbnb but on other platforms as well.
Apart-hotel brand Locale nabs $2.5M to expand operations
Locale currently leases and manages more than 150 apartments in Texas and plans to partner with developers of “upscale Class A multifamily properties” in San Francisco, Santa Monica, Denver and Houston’s Texas Medical Center.
Mint House Gets $15M To Enhance Your Business Travel Experience
The New York-based company promises “tech-forward accommodations,” including a mobile app for check-ins and messaging with customer service.
Airbnb to collaborate on New York City hotel
RXR will be responsible for the execution and management of the locations, while the Airbnb platform will be used to market and book rooms.
Chinese real estate firm acquires 90.5% stake in luxury travel firm A&K
Chinese real estate and investment company Zhonghong Group announced on May 8 that it plans to acquire a 90.5% stake in luxury travel company Abercrombie & Kent (A&K) for USD 412.49 million.
Ahead of its IPO,-what even is Airbnb anymore?
To fully professionalize—to operate no differently than another hospitality giant like Marriott—would effectively wipe out many of the mom-and-pop listings that built what it calls an “unrivaled brand.”
Inside the rise and fall of a multimillion-dollar Airbnb scheme
Multiple misleading identities, more than 100 host accounts and 18 corporations were created to run an illegal hotel business in Manhattan, according to a lawsuit filed by the city.
Airfare clearinghouse promotes Routehappy execs to fit new data strategy
The fares that airlines file with ATPCO differ from what consumers may see at online travel sites.
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