Oyo Expands Vacation Homes Strategy With Europe Acquisition of Direct Booker
Photo Credit: Oyo acquires Europe-based Direct Booker. Oyovacationhomes
Skift Take
It seems like it's business as usual for Oyo as it goes ahead with its acquisitions and alliances, all's still quiet on the IPO front.
Strengthening its portfolio as a full-stack vacation homes provider, Oyo has acquired Dubrovnik, Croatia-headquartered Direct Booker, which has more than 3,200 homes.
Through its European brands — Belvilla, DanCenter, Danland and Traum Ferienwohnungen — Oyo currently offers fully-managed private homes across the Netherlands, Belgium, Germany, Nordic and Southern European countries.
The acquisition valued at $5.5 million, will strengthen Oyo’s presence in Croatia, where it already has nearly 1,800 vacation homes through
