Key Developments

In May 2023, in celebration of the global accessibility awareness day, Airbnb, Inc. is a company that operates an online marketplace and hospitality service platform. announced that its staff had inspected and confirmed the accuracy of around 300,000 accessible features in homes worldwide. These features included entrances without steps, installed grab bars, or bath and shower chairs.
In August 2022, Oravel Stays Private Limited, known as OYO, is a hospitality company that operates an online platform for booking hotels, homes, and other accommodations. purchased Bornholmske Feriehuse, a company that manages vacation rentals, to grow its business in Europe. The goal of the acquisition was to expand Oyo's presence in Croatia. At that time, Oyo had over 7,000 houses listed on its Traum Ferienwohnungen platform and nearly 1,800 vacation homes on its Belvilla platform in Croatia.
In July 2022, Planet, a company providing payment services and integrated global technology software, bought Avantio. Avantio is a company that offers software and services for managing vacation rentals. This acquisition helped Planet expand its presence in the hospitality industry.
In 2022, Meredith Lodging is a hospitality company that specializes in vacation rental management. planned to buy Mt Hood Vacation Rentals to expand its operations in the Mount Hood region