Oyo buys MadeComfy in $50 million deal
Australia: Sydney short-term rental management platform MadeComfy has been acquired by Oyo for around AUS$50 million.
StayTerra announces Bessemer investment
US: StayTerra, a vacation rental management platform, has announced a strategic investment from global venture capital and private equity firm Bessemer Venture Partners, joining existing investor Garnett Station Partners. Founded alongside Garnett Station, StayTerra operates a platform that provides property management services across several vacation rental brands in sought-after U.S. destinations. The addition of Bessemer […]
Holidu acquires Cybevasion following £39 million funding round
Germany/France: Munich-based holiday rental platform Holidu has acquired French booking portal Cybevasion, operator of gites.fr and chambres-hotes.fr, as part of its expansion strategy in Europe.
Wander raises $50 million for company growth
Wander raises $50 million for company growth
Rental Escapes takes on 600 luxury villas in the US
Canada/US: Rental Escapes, the luxury villa business, announced its purchase of 600 villas across the United States, marking the largest expansion in the company’s history.
PAI Partners sells stake in Eurocamp owner ECG to Saudi investor
France: European private equity firm PAI Partners has agreed to sell a “significant” minority stake in outdoor accommodation group European Camping Group [ECG] to a wholly owned subsidiary of the Abu Dhabi Investment Authority [ADIA].
HolaCamp raises €10m to drive European expansion
Spain: Catalan campsite operator HolaCamp has announced that it has raised €10 million in fresh capital to acclerate its expansion in Spain and Portugal.
Hostaway expands workforce and boosts investment in AI
Finland: All-in-one vacation rental software and management system, Hostaway, has marked its ten-year anniversary by growing its team and expanding hiring internationally.
Gebbia to donate $15m to support LA wildfire survivors
US: Airbnb co-founder Joe Gebbia has said that he plans to donate $15 million worth of factory-built dwellings to support survivors of the recent Los Angeles wildfires.
ParkBooker raises AU$600k in pre-seed funding
Australia: ParkBooker, an independent online travel agent that is aiming to “make camping, holiday and caravan park bookings as easy to discover and book as hotels”, has raised $600,000 in an oversubscribed pre-seed round.