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Snaptrip Group buys Independent Cottages for “seven figure fee”
Reading Time: 2 minutesUK: Holiday rental provider Snaptrip Group has acquired independent holiday rental listing site Independent Cottages.
Vrbo report: 80 per cent of UK travellers confident of holiday in 2022
Reading Time: 3 minutesUK: Expedia Group vacation rental brand Vrbo has revealed the latest research from its annual Family Holiday Insider report.
Luxury Cottages secures “substantial” investment
Reading Time: 2 minutesUK: Premium online travel agency Luxury Cottages has announced that it has secured a “substantial” funding injection from the Midlands Engine Investment Fund [MEIF] West Midlands Equity Fund to bolster its domestic portfolio. The company said that the investment would help it to increase its portfolio to more than 1,200 properties across the UK and […]
Travel Chapter delays IPO due to “market volatility”
Reading Time: 2 minutesUK: Devon-based holiday letting agency Travel Chapter is delaying its move to go public due to “market volatility”. It follows the news that emerged last month that the company had signalled its intention to file for an initial public offering [IPO] on the Alternative Investment Market [AIM], operated by the London Stock Exchange. The owner […]
Parkdean Resorts rumoured for £1.5bn holiday parks sale
Reading Time: 2 minutesUK: Newcastle-based holiday park operator Parkdean Resorts is rumoured to have been put up for sale by its owner for up to £1.5 billion. According to Sky News, Canadian Onex Corporation [Onex], which acquired Parkdean for £1.35 billion in 2016, is considering selling the operator within the coming months and take advantage of the current […]
Away and Aria Resorts merge to form £600m staycation powerhouse
Reading Time: 2 minutesUK: UK holiday park operators Away Resorts and Aria Resorts have agreed to merge to create a new staycation powerhouse, spurred on by this summer’s domestic travel boom and a frenzy of M&A activity in the space. Sky News reported that Away, which was recently acquired by CVC Capital Partners, is buying Aria from investment […]
Airbnb partners with what3words to support UK staycations
Reading Time: 3 minutesUK: Airbnb and location tech app what3words have announced a collaboration in support of the booming demand for holiday properties in the UK, as Brits look forward to increased freedom following the latest lifting of restrictions. As many Brits look to holiday closer to home this summer, what3words says it is envisaging a travel rebound […]
How the pandemic has impacted the way people holiday
Reading Time: 3 minutesUK: Sykes Holiday Cottages COO Bev Dumbleton discusses how the pandemic has impacted the way in which people are making holiday choices and the latest trends in the market, ahead of what is expected to be a busy summer of domestic travel and staycations across the UK this year. Holiday let owners across the UK […]
Park Holidays UK to acquire Bridge Leisure
Reading Time: 2 minutesUK: Holiday park operator Park Holidays UK has announced it is to acquire one of its competitors, Bridge Leisure, which operates nine holiday parks in the West Country, Peak District, Yorkshire and Scotland. Offering caravan and lodge holidays, touring and camping, and holiday home ownership, the deal will cement Park Holidays UK’s position as the largest […]
Meeting pent-up demand for staycations: My Getaways MD Steve Taggert
Reading Time: < 1 minuteUK: Steve Taggert, founder and managing director at My Getaways, discusses the challenges of operating amid uncertainty and lockdowns during the pandemic, meeting pent-up demand for staycations, and how travellers’ preferences will shift towards self-catered accommodation. My Getaways’ accommodation featured in ShortTermRentalz’ recent shortlist announcements for the 2021 Shortyz Awards.