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PhocusWire | September 05, 2019
In March, Google added vacation rental properties to its Hotel Search function, and its now adding the first vacation rental management brand to the mix through a partnership with Vacasa.Portland-based Vacasa, which bills itself as North America’s largest vacation rental management platform with 14,000 properties, joins the roster alongside existing partners such as Expedia, HomeAway, Vrbo, RedAwning and TripAdvisor.(Airbnb and Booking Holdings’ brands remain unintegrated with the fu...
Skift | July 30, 2019
Vacasa, the vacation rental management service, will buy Wyndham Vacation Rentalsfrom Wyndham Destinations, the companies said Tuesday.Vacasa will pay $45 million in cash at closing and will give Wyndham Destinations up to $30 million of equity interest in the newly formed company. Vacasa will pay the remaining balance in either seller financing or cash, for a total of $162 million in value.The deal is a milestone for the Portland, Oregon-based Vacasa and its founder and CEO Eric Breon. It nearl...
Travel Trends Today | January 16, 2020
EbixCash, a fully owned subsidiary of Ebix, announced a strategic travel technology partnership with Amadeus to grow its footprint across the Asia Pacific region and UAE and become a one-stop shop for travel. The partnership will provide EbixCash’s online websites, travel agents and corporations in Asia Pacific and UAE with greater access to the unrivalled breadth of content offered by the Amadeus Travel Platform, enabling EbixCash to better serve its customers. Built on fully open systems...
Travel Weekly | January 14, 2020
Direct Travel , a roll-up of travel management companies based in the Denver area, has acquired Professional Travel of Cleveland (No. 31 on the Power List). Terms of the acquisition, Direct Travel’s largest in the U.S. to date, were not disclosed. According to Direct Travel, Professional Travel has more than 175 employees with sales of $448 million. Professional Travel’s leadership team will remain in place following the acquisition. “We’re enthusiastic to begin this new ...
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