Berlin-based hospitality brand Numa Group has acquired Dutch aparthotels operator YAYS Group from Proprium Capital Partners. The companies did not disclose details of the deal.
Airbnb made public filings on Tuesday showing that its acquisition of AI company GamePlanner.AI was paid partially with stock valued at about $104.5 million.
Brazil is a huge market, as are airline tickets, for Despegar. A rival with an alleged Ponzi scheme for selling airline tickets wasn't really fair competition.
The problem surfaced in late Summer — Booking.com's short-term rental hosts in Europe, Asia-Pacific and Latin America cited financial hardships because the company wasn't paying them for guest stays.