Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 02 2019

OYO buys Amsterdam-based @Leisure Group

With this acquisition, OYO will move a step closer in realizing its vision of becoming a global real estate brand while maintaining leadership in the hospitality industry.

OYO buys Amsterdam-based @Leisure Group

OYO Hotels & Homes will acquire Amsterdam-based @Leisure Group, a leading vacation rental company in Europe. OYO will buy @Leisure from Axel Springer, the media and Technology Company.

@Leisure manages holiday homes, holiday parks, and holiday apartments. With this acquisition, OYO will move a step closer in realizing its vision of becoming a global real estate brand while maintaining leadership in the hospitality industry.

Maninder Gulati, Global Chief Strategy Officer of OYO, said, “I would like to commend @Leisure Group’s team for the incredible work they have done to bring wonderful and memorable living experiences to travellers around the world by offering beautiful holiday homes, cottages and holiday parks, in 300+ cities across Europe stretching all the way from Kokelv, Norway to Zahara de los Atunes, Spain. With @Leisure Group, its team and capabilities, we see OYO further its mission of creating quality living experiences for everyday travellers.”

Ritesh Agarwal, Founder & Group CEO, OYO, added, “The @Leisure Group is a great partner and we are excited to broad base their offerings. @Leisure Group has proven capabilities in helping develop Europe into a vacation rentals hotspot and we are keen to leverage their competencies towards ensuring beautiful vacation rental and urban homes experience for millions of tourists from every part of the world. I am particularly thrilled to welcome Tobias and team into the OYO family. It is a business decision closely aligned with our overall mission that has incredible potential.”

Tobias Wann, CEO of @Leisure, stated, “We are delighted to join forces with OYO in its mission of creating quality and beautiful spaces. @Leisure Group was started with a similar mission to identify and service all forms of vacation & urban home rentals, focusing on delivering a hassle-free experience to both homeowners and guests. I am delighted to share that we’ve successfully achieved that over the past few years, and now aspire to leverage our synergies to deepen our presence in Europe and look to expand globally.”

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Others Health Care & Fitness
    About Us: Protein Shoppe India has been in the nutritional supplement..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  •  Era medical devices are into this business from more than..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Kids & Children Clothing
    Funky Collections is your one-stop shop for all football, biking..
    Locations looking for expansion Haryana
    Establishment year 1990
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Bakery & Confectionary
    Sugar Top is a fast-emerging premium bakery & confectionery brand,..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 10lac - 20lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities