Acquisition-Hungry Awaze Refines Its Vacation Rental Strategy in Europe
More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Awaze is a European vacation-rentals business that U.S. private-equity firm Platinum Equity carved out of Wyndham Worldwide in 2018 in a $1.3 billion deal, including debt. The pandemic boom in domestic lettings of cottages and holiday homes for families in European markets has benefited Awaze, which has this week resumed growth through mergers and acquisitions of property management companies. Awaze’s Copenhagen-based Novasol brand, which runs homes on behalf of owners...
Source: skift.com