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Wann steps down as CEO of OYO Vacation Homes
Reading Time: 3 minutesThe Netherlands: Tobias Wann has stepped down as the CEO of OYO Vacation Homes, with COO Raj Kamal taking over the leadership role with immediate effect. Despite the move, Wann will continue to act as a special advisor to OYO’s global vacation rental business. Since Indian hospitality chain OYO Hotels & Homes acquired Dutch vacation […]
OYO purchases TUI Wolters’ short-term rental business
Reading Time: < 1 minuteWorldwide: OYO Vacation Homes has announced the addition of 17,000 homes to its vacation rental portfolio. The homes will come from business Wolters Reisen, which assumed control over TUI’s vacation home rentals in late 2019. Detlev Schaferjohann, owner of E-Domizil, the previous owners of the homes, said: “Following the acquisition of the entire TUI Wolters […]
OYO appoints Kamal as COO of rental business in Europe
Reading Time: 3 minutesEurope: OYO Hotels & Homes has appointed Raj Kamal as chief operating officer of OYO’s Vacation Homes business in the UK and Europe. The appointment represents a continuation of OYO’s policy to continue investing in and attracting world-class leadership to the firm, in order to drive innovation and growth. OYO Vacation Homes, which comprises brands […]
OYO Hotels & Homes completes Danamica acquisition
Reading Time: 2 minutesDenmark: Oyo Hotels & Homes has announced it has completed the acquisition of Copenhagen-based data science company Danamica for an undisclosed amount. The news follows a matter of weeks on from OYO’s announcement in August that it was planning to inject around €300 million into its vacation rentals business. That indicated a renewed drive by […]
OYO Vacation Homes discloses hiring strategy in Europe
Reading Time: < 1 minuteEurope: Vacation rental company OYO Vacation Homes has announced it will recruit a minimum of 1000 additional employees across Europe by the start of next year. The news follows OYO’s announcement last week that it was committing to invest up to 300 million euros into its vacation rental home business to increase its expanding European […]
@Leisure Group rebranded as OYO Vacation Homes
Reading Time: < 1 minuteEurope: OYO Rooms has finalised its acquisition of @Leisure Group and renamed the company as OYO Vacation Homes, just two months after details of the deal first emerged. Netherlands-based @Leisure Group is having its name changed to OYO Vacation Homes, as OYO seeks to align its collective businesses under the sole umbrella brand for corporate […]
OYO acquires Amsterdam-based @Leisure Group
Reading Time: 3 minutesNew Delhi / Amsterdam / London: OYO Hotels & Homes has agreed to purchase Amsterdam-based vacation rental company @Leisure Group. @Leisure manages holiday homes, holiday parks and holiday apartments, and OYO has acquired the firm from media and technology company, Axel Springer. @Leisure Group, through its Belvilla, DanCenter, and Danland brands, offers more than 30,000 […]
Metasearcher Hometogo acquires Casamundo with Wimdu set to close
Reading Time: 2 minutesWorldwide: German-based holiday home metasearch company Hometogo has assumed control of Casamundo following the news of struggling Airbnb rival Wimdu’s imminent closure. The Berlin-based Hometogo meta-search provider for holiday homes, searches 300 different websites with a total of 15 million offers, including major accommodation providers such as Booking.com, the HomeAway group, TripAdvisor, e-domizil and TUI […]