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Away Resorts acquires St Ives Bay Holiday Park
Reading Time: 2 minutesUK: Resort operator Away Resorts has acquired Cornish holiday park St Ives Bay Holiday Park, backed by private equity firms Freshstream and LDC. Located seven miles east of St Ives—one of Cornwall’s most popular staycation destinations—the resort will become the eighth to be owned by Away Resorts. The 120-acre holiday park has been in family […]
Wyndham Destinations acquires Travel + Leisure and will assume its brand identity
Reading Time: < 1 minuteUS: Timeshare and vacation ownership company Wyndham Destinations has acquired travel publication Travel + Leisure from Meredith Corporation, and will rebind itself as Travel + Leisure Co. from mid-February. Wyndham Destinations, which spun off from Wyndham Hotel chain in 2018, operates 230 timeshare resorts around the globe. It has paid $100 million to Meredith Company […]
Carolina Retreats buys Tranquil House Inn
Reading Time: < 1 minuteUS: Carolina Retreats, a specialty lodging and vacation rental management company has acquired The Tranquil House Inn, a 25-room inn and event space in Manteo on the Outer Banks of North Carolina. The inn will become part of Carolina Retreats’ family of brands, which also include Carolina Retreats Vacation Rentals, Topsail Realty Vacations, the Loggerhead […]
Michael Paul Holidays buys Caravan Sitefinder
Reading Time: 2 minutesUK: Michael Paul Holidays has acquired Caravan Sitefinder, an online portal for caravan, camping and holiday parks across the UK.It bought the site from from Tribalogic, developers of holiday park property management system Bookster, for an undisclosed sum. Attracting almost a million visitors a year, Caravan Sitefinder will benefit from “a major investment package to […]
PointCentral acquires Doorport for smart management capacity
Reading Time: 2 minutesUS: PointCentral, a property management solution, has acquired New York company Doorport, who focus on smart home systems. This will allow PointCentral to add a unique smart intercom capability to their own smart property management solution. The integration will help PointCentral’s existing platform, powered by Alarm.com, continue unifying a variety of smart property management tools […]
Airbnb quietly acquired Proprly in 2016
Reading Time: 2 minutesUS: Airbnb revealed this weekend that it had purchased property management company Proprly in 2016, according to Business Insider. Proprly’s model adds short-term rentals specific services to Airbnb’s portfolio, such as cleaning, guest care and beyond. Airbnb had previously purchased property management software provider Luckey in 2018. These developments foreshadow the company moving in the […]
Hawaii rentals business makes two Maui acquisitions
Reading Time: < 1 minuteUS: Castle Vacation Rentals Hawaii has acquired two Maui-based businesses. The company has acquired Chase ‘N Rainbows, which manages vacation rentals, and Trinity Maid Company, which offers commercial laundry and vacation rental cleaning services. With operations based in West Maui, Chase ‘N Rainbows has a portfolio of more than 180 rentals across more than 30 […]
Acquisitions and Consolidation: Alexander Limpert, GuestReady
Reading Time: < 1 minute STRz speaks to GuestReady CEO Alexander Limpert about his company’s acquisition of Oporto City Flats and management of the We Stay In Paris portfolio as well as his thoughts ahead for 2019.
Airbnb acquires Luckey Homes to signal potential entry into property management
Reading Time: 2 minutesFrance: Airbnb has acquired French concierge services company, Luckey Homes, for an undisclosed sum, signalling a potential entry into property management. France represents one of Airbnb’s most profitable markets, with over 500,000 listings and 13 million guests and hosts. Paris is Airbnb’s top global destination however the city is embroiled in a number of regulatory […]
Destination Residences Hawaii announces its acquisition of Classic Resorts
Reading Time: 2 minutesHawaii: Destination Residences Hawaii has announced the acquisition of Classic Resorts Limited of Lahaina, a collection of five luxury condominium resorts and vacation homes in Maui and the Island of Hawai’i. These properties will expand Destination Residences Hawaii’s existing portfolio throughout the islands, joining Makena Surf, Polo Beach Club, Wailea Beach Villas, Wailea Ekahi Village, […]