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Sun Communities sells UK holiday park business Park Holidays to Aermont for £768m
Reading Time: < 1 minuteUS: US real estate investment trust Sun Communities has agreed to sell its UK holiday park business, Park Holidays, to private capital manager Aermont Capital in a £768 million all-cash deal.
BiHoliday reports 13% revenue growth ahead of 2026 resort investment programme
Reading Time: 2 minutesItaly: BiHoliday has reported revenues of €34.5 million for 2025, up 13 per cent year-on-year, as the open-air hospitality operator prepares to reopen its flagship resorts in Italy and Croatia for the 2026 season. The company also welcomed more than 1.2 million guests across its two resorts during the year.
Boom secures $12.7m funding to scale agentic AI
Reading Time: 2 minutesUS: AI-powered property management system Boom has raised $12.7 million in a funding round led by Avenue Growth Partners, with participation from former Hilton International CEO Ian Carter, Goldman Properties CEO Scott Srebnick, and Siemplify co-founder Garry Fatakhov. The new investment will support Boom’s expansion into additional international markets, recruitment across engineering and data science, […]
ÖÖD Group secures investment from Bayard Capital
Reading Time: < 1 minuteEstonia/Australia: Estonia-based nature hospitality brand ÖÖD Group, known for its mirror-house cabins, has secured investment from Australian family-owned growth investor Bayard Capital to accelerate its global expansion. Known for its mirror-clad ÖÖD Mirror House design manufactured in Estonia and the US since 2016, the company launched an international hospitality arm in 2022 via its ÖÖD […]