Oyo acquires Europe-based Direct Booker
Hospitality giant Oyo announced that it has acquired Europe-based vacation rental company Direct Booker for about $5.5 million. This appears to be the first acquisition by the SoftBank-backed company since the first wave of Covid-19. This acquisition will strengthen Oyo’s presence in Europe broadly and Croatia specifically where it already has nearly 1,800 vacation homes on its Belvilla platform and over 7,000 homes on its Traum Ferienwohnungen platform, Oyo said in a statement. Continue reading Oyo acquires Europe-based Direct Booker at Entrackr.
Hospitality giant Oyo announced that it has acquired Europe-based vacation rental company Direct Booker for about $5.5 million. This appears to be the first acquisition by the SoftBank-backed company since the first wave of Covid-19.
This acquisition will strengthen Oyo’s presence in Europe broadly and Croatia specifically where it already has nearly 1,800 vacation homes on its Belvilla platform and over 7,000 homes on its Traum Ferienwohnungen platform, Oyo said in a statement.
Continue reading Oyo acquires Europe-based Direct Booker at Entrackr.
