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Awaze touted for $2.1bn sale by Platinum Equity
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.
RedAwning sells Blizzard marketing unit to Beyond Pricing
Reading Time: 2 minutesUS: Vacation rental property network RedAwning has sold Blizzard Internet Marketing, only two years after its initial acquisition. Beyond Pricing has purchased the company for an undisclosed fee and will acquire all the assets, staff, contracts and ongoing business. Blizzard specialises in web hosting, site design, and email marketing for short-term rental companies. The platform […]
Denver building leased by Sonder sold for reported $6.25m
Reading Time: 2 minutesUS: A Denver building leased by hospitality start up Sonder has been sold for three times its initial purchase price. Run as The Essex Hotel by Sonder, the former hotel building is noted to be the first Airbnb-hotel hybrid of its kind. The building, which was first purchased by a Denver based property firm GM […]