M&A

M&A

Oyo acquires European vacation homes co Direct Booker for $5.5 M

Business Today  

Hospitality unicorn Oyo has acquired Europe-based vacation homes firm Direct Booker for USD 5.5 million. Direct Booker claims to have over 3,200 homes and has serviced 2 million customers so far. Oyo already owns and operates brands such as Belvilla (Belvilla by Oyo), DanCenter and Traum Ferienwohnungen in Europe. Direct Booker's inventory will be available on Belvilla.com (Belvilla by Oyo). Oyo already has nearly 1,800 vacation homes on its Belvilla platform and over 7,000 homes on its Traum Ferienwohnungen platform.