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OYO rumoured to be edging towards $1.2bn IPO
Reading Time: 2 minutesIndia: SoftBank-backed hospitality chain OYO is rumoured to be edging towards an initial public offering [IPO] after hiring JP Morgan, Kotak Mahindra Capital and Citi for an initial $1.2 billion share sale. Financial news website Moneycontrol reports that work on the IPO is already underway and the startup is considering debuting on the domestic public […]
Sykes bolsters portfolio with Abersoch Quality Homes purchase
Reading Time: < 1 minuteUK: Holiday cottage rental agency Sykes Holiday Cottages has bolstered its property portfolio in North Wales by acquiring regional holiday home specialist Abersoch Quality Homes. The purchase of the Gwynedd-based business will add an additional 100 properties to Sykes’ existing portfolio of almost 20,000 holiday cottages across the UK, Ireland and New Zealand – 2400 […]
Vacasa completes pair of major acquisitions
Reading Time: 3 minutesUS: Portland-based vacation rental management platform Vacasa has completed a pair of major acquisitions in California and Alabama. The company has confirmed the purchase of SeaBreeze Vacation Rentals, a premier management company in Southern California, and Meyer Vacation Rentals and Meyer Services from SH Enterprises, on the Alabama Gulf Coast. With the SeaBreeze transaction, Vacasa will […]