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Awaze touted for $2.1bn sale by Platinum Equity

Awaze

Reading Time: 2 minutesEurope: Vacation rental and holiday resorts company, Awaze, has reportedly been put up for sale for up to £2 billion by US-based private equity firm Platinum Equity.

Kjellberg takes the helm at European Vacation Rentals

Henrik Kjellberg European Vacation Rentals

Reading Time: 2 minutesUS: Former Expedia president Henrik Kjellberg has been appointed as CEO of European Vacation Rentals, the business recently acquired by Platinum Equity from Wyndham Worldwide. The business is the largest manager of holiday rentals in Europe, operating in over 600 destinations in more than 25 countries through its local brands which include Landal GreenParks, Novasol, […]

Wyndham agrees sale of European rentals business for $1.3 billion

Reading Time: 2 minutesUS: Wyndham Worldwide Corporation has agreed to sell its European vacation rental business to Platinum Equity for around $1.3 billion. The European vacation rental business has entered into a 20-year agreement under which it will pay a royalty fee of one per cent of net revenue to Wyndham’s hotel business for the right to use the “by […]