Hostaway's first major fundraise fits in with its ambition to grow both organically and inorganically. Given the size of the round, it's likely that there is some acquisition in the offing.
UK-based Canary Wharf, a residential and commercial property company, and TrustedStays will offer individual apartment inventory on global distribution system, Amadeus.
Erratic airfares will likely be a theme over the course of the year. The question is how damaging, reputationally speaking, will the settling down period be for American Airlines, compared to the financial gains — short or long term.
Hotels probably shouldn’t give up on targeting city centers, or focus too much on adding co-working spaces. And airlines maybe shouldn't rule out negotiating corporate contracts.