Market leader in alternative accommodation closes acquisition of SeLoger Group’s vacation rental business unit, including its brands amivac.com, vacances.com and vacances.seloger.com
LUXEMBOURG, January 03, 2022– (BUSINESS WIRE) – HomeToGo SE (Frankfurt Stock Exchange: HTG), the marketplace with the world’s largest choice of vacation rentals, today announced the acquisition of AMIVAC, the business unit vacation rental from the SeLoger Group, which operates the French brands amivac.com, vacances.com and vacances.seloger.com.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220102005003/en/
Dr Patrick Andrae, Co-Founder and CEO, HomeToGo | HomeToGo SE (Frankfurt Stock Exchange: HTG), the marketplace with the world’s largest choice of vacation rentals, today announced the acquisition of AMIVAC, the vacation rental business unit of the SeLoger Group, which operates the French brands amivac.com, vacances.com and vacances.seloger.com. (Photo: Business Wire)
The acquired brands operated by AMIVAC provide subscription registration services to owners and professional agencies, which will contribute to the growth of HomeToGo’s subscription and services platform. The sale is part of the SeLoger Group’s strategy to focus on its core business, real estate research.
Dr Patrick Andrae, Co-Founder and CEO, HomeToGo: âWe are very pleased to add the SeLoger Group vacation rental unit to our portfolio, which will give AMIVAC’s clients and professional agencies an added advantage of the advanced technological solutions offered by HomeToGo, while also serving our customers with a wide range of unique and high-quality products. vacation rentals in France. The vacation rental market is incredibly fragmented in France and internationally, but is changing rapidly and accelerating its growth with the favorable winds of the pandemic. The combination of AMIVAC’s already high brand awareness and our global reach provides an incredible opportunity for both our newly acquired partners and our business as we look to the future. “
Caroline de Gantès, Country General Manager, SeLoger Group: âThe strategy of the SeLoger Group is to focus on its core business – simplifying and improving real estate research – to improve the experience of buying, renting and selling property for everyone in France. We are convinced that with the ongoing consolidation of the vacation rental market in France and abroad, HomeToGo’s leadership stature in the alternative accommodation sector offers exciting new opportunities for the brands Amivac, SeLoger Vacances and Vacances.com. “
For the future, the amivac.com, vacances.com and vacances.seloger.com brands will continue to operate under their independent identities. The acquisition was signed in August 2021 and finalized on January 1, 2022.
About the SeLoger Group
For nearly 30 years, the SeLoger Group has been innovating in real estate in France through its 11 specialized online platforms.
Groupe SeLoger offers a modern real estate search experience that uses a personalized, data-driven approach to better serve its clients and allow the purchase, sale or lease of properties with peace of mind. Thanks to its advanced platform technology, the SeLoger Group makes it possible to offer fully customizable selections of goods anywhere in France according to the unique criteria of each client.
The greatest value of the SeLoger Group can be attributed to its talented team of 800 employees, based in Paris, France.
About HomeToGo
HomeToGo was founded in 2014 with the vision of making amazing homes easily accessible to everyone. To pursue this vision, HomeToGo has been able to consistently create and develop a reliable and easy-to-use technology platform that brings together real estate providers with travelers from all over the world.
HomeToGo operates an marketplace for alternative accommodation that connects millions of travelers looking for a perfect place to stay with thousands of inventory providers around the world, resulting in the most valuable inventory coverage. world’s most comprehensive in the alternative accommodation space.
HomeToGo’s marketplace is beneficial to both of its customer groups: consumers who visit HomeToGo websites have access to the largest inventory in one place, and vendor partners who use the platform’s reach and technology solutions. are better able to serve a wide range of customers and generate more high quality demand.
While HomeToGo SE is headquartered in Luxembourg, HomeToGo GmbH is headquartered in Berlin, Germany. HomeToGo operates websites and applications located in 23 countries.
HomeToGo SE is listed on the Frankfurt Stock Exchange under the ticker symbol “HTG”. For more information visit: www.hometogo.com/about
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220102005003/en/
Contacts
HomeToGo
Caroline burns
[email protected]
SeLoger Group
Sarah kroishvili
[email protected]