Some prominent investors are making a bet on a new gig platform. Instawork matches restaurants and hospitality businesses with job-seeking dishwashers, hosts, cooks, and everything in between.

Hyatt Hotels has tapped Chinese operator BTG Homeinns Hotels Group to capture a bigger slice of China’s huge domestic market. The companies will establish a strategic joint venture.

Airbnb now claims more than 5 million listings in almost 200 countries. And while the home-sharing king has run into legal challenges in the US and Europe, the company is experiencing unprecedented growth in emerging markets.