Airbnb buying site that rents villas

Airbnb buying site that rents villas

Tech February 17, 2017 09:15

san francisco - Airbnb buys a Canadian site that rents luxury accommodations. It was not disclosed how much Airbnb pay for Luxury Retreats, but Bloomberg reported citing sources that this is an amount of approximately $ 300 million. Which is converted 281 million. The negotiations and the sum last week were already leaked.

Luxury Retreats offers more than 4,000 shelters around the world, including seven villas on Bonaire. Which provide about $ 150 million bookings a year. Customers can also book cooks, bartenders and masseurs.

Airbnb wants to expand its offerings. It works on flight bookings and offers all trips during holidays at.

Accor travel site Expedia and would also have offered to Luxury Retreats. They would have had more money, but Luxury Retreats chose Airbnb, because there would have more autonomy. Accor bought last year Onefinestay, another site that rents luxury homes, and is negotiating to include on Travel Keys. Expedia offers the vacation site HomeAway and the luxury branch Luxury Rentals.

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