Short-Term Rental Firm RedAwning Bought Channel Manager Lexicon Travel Technologies


California-based RedAwning announced it acquired channel manager Lexicon Travel Technologies. Terms of the deal were not disclosed.

A vacation rental in the RedAwning portfolio. Source: RedAwning

Channel managers have tech systems to assist accommodations in distributing their properties to websites such as Airbnb, Vrbo and Booking, and sometimes to global distribution systems, among