Marriott extends home rental

    Marriott International is to retire its Tribute Homes rental offering, launching Homes & Villas, with 2,000 homes in over 100 destinations throughout the US, Europe, the Caribbean and Latin America. The decision came as Selina announced further funding and OYO Rooms acquired @Leisure Group, as the sharing economy continued to swell. Marriott told us that [...]

    Airbnb takes OYO stake

    Airbnb has acquired a stake in OYO for a rumoured USD150m, with the India-based company due to list some of its properties on the sharing platform. The deal came weeks after Airbnb acquired HotelTonight, in a move which many saw as a precursor to an IPO. Last year OYO completed a USD1bn funding round led [...]