Airbnb Inc. is among potential suitors for Wyndham Worldwide Corp.’s European vacation-rental business. the three travel companies have increased their focus on vacation-home rentals, which are.
May 12, 2018 (Euclid Infotech Ltd via COMTEX) — Wyndham Worldwide Corporation announced the successful completion of its previously announced sale of its European vacation rentals business to an.
U.S. hospitality group Wyndham Worldwide Corp. is in advanced talks to sell its European vacation-rentals business to U.S. private-equity firm Platinum Equity Partners in a deal that values the.
Leisure Group has proven capabilities in helping develop Europe into a vacation rentals hotspot and we are keen to leverage their competencies towards ensuring beautiful vacation rental and urban.
PARSIPPANY, N.J., May 9, 2018 /PRNewswire/ — Wyndham Worldwide Corporation (NYSE: WYN) today announced the successful completion of its previously announced sale of its European vacation rentals.
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Great European cities like Venice and Dubrovnik are bombarded. It leads to more occupancy in traditional hotels and the expansion of short-term vacation rentals. Another factor is social media.
The firm will aim to expand the presence of OYO Home, Belvilla and Dancenter brands across Europe to pursue the opportunity of becoming the number one vacation rental brand globally, the statement.
Wyndham Worldwide (WYN) completed its previously announced sale of its European vacation rentals business to an affiliate of Platinum Equity, LLC. "The completion of this transaction is a major.
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Henrik Kjellberg, former president at Expedia, has been appointed group chief executive of the European Vacation Rentals business acquired by Platinum Equity from Wyndham Worldwide earlier this year.
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In conjunction with the sale, the European vacation rental business has entered into a 20-year agreement under which it will pay a royalty fee of 1% of net revenue to Wyndham’s hotel business for the.
Holidu, the Munich-headquartered holiday rentals search engine that is now. say they had a frustrating experience trying.
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Royce Vavrek, a New York City opera librettist who travels often for work and frequently rents apartments, credits the rise.
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‘vacation rentals’ was a niche, sleepy cottage industry. Most were ‘Mom and Pop’ outfits, which built companies in Europe and America, or they were real estate companies that somehow got dragged into.
The purchase, which is complementary to Vacasa’s current inventory, will boost the company’s portfolio to more than 23,000 homes, spanning North America, Central and South America, Europe, and Africa.
In tests involving about 7,000 property listings in Europe, Google is checking if travelers. some Google searches have been revealing an option to comparison-shop vacation rentals. In our checks.
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