Skift Breaking News Blog

Short stories and posts about the daily news happenings around the travel industry.

Hotels

Oyo Buys Nordic-Based Vacation Rental Operator Bornholmske Feriehuse

2 months ago

In its endeavor to expand as a preferred full-stack vacation homes provider, Oyo has acquired Denmark-based vacation rental operator — Bornholmske Feriehuse.

Oyo has made the acquisition through its subsidiary DanCenter. Bornholmske Feriehuse has over 700 homes on its platform and according to an Oyo release the company is expected to clock more than 250,000 guest nights in 2022.

The acquisition underlines Oyo’s commitment to invest in Denmark towards accelerating the growth of travel and tourism in the market.

An initiative by Denmark’s Ministry of Foreign Affairs — Invest in Denmark — helps attract and retain foreign investments in the country by providing a customized one-stop service for foreign companies, looking to set up or expand business in Denmark.

The demand from foreign guests in holiday homes has been particularly high, said Rasmus Lund, director of Bornholmske Feriehuse. Lund hoped that the collaboration with Oyo would give Bornholmske Feriehuse the opportunity to keep up with demand, while allowing homeowners to benefit from the many online portals that DanCenter collaborates with.

“The agreement would help our many holiday home owners achieve a higher rental percentage, while also contributing income and jobs to Bornholm,” said Lund, who will continue as the director of the vacation rental company.

The acquisition in Bornholm will strengthen Oyo’s presence in Europe. In May, Oyo acquired Croatia-headquartered Direct Booker, which has more than 3,200 homes.

Oyo already owns vacation rental brands in Europe such as Belvilla (Belvilla by Oyo), DanCenter, Danland and Traum Ferienwohnungen offering fully-managed private homes across the Netherlands, Belgium, Germany, Austria and Croatia.

Airlines

EasyJet’s Top Operating Exec Quits After Weeks of Cancellations

3 months ago

EasyJet’s Peter Bellew has resigned as chief operating officer, following weeks of turmoil at the airline.

He has now left “to pursue other business opportunities” the airline said in a statement on Monday, effective July 1, as other European airlines prepare for a difficult summer ahead — including SAS which will now face widespread strikes after pilots voted on Monday to take industrial action.

Airport caps will also contribute to an already challenging period.

For now, David Morgan, easyJet’s director of flight operations, will lead the operations function in an interim role, reporting to CEO Johan Lundgren.

“The board would like to thank Peter for his hard work over the last two and half years and wishes him well in his future endeavours,” the airline said, adding it continues to operate up to 1,700 flights each day, carrying up to 250,000 passengers.

Meanwhile, pilots at beleaguered Scandinavian carrier SAS Airlines will be going on strike after their wage talks with the management failed to yield any results.

The strike is expected to impact 50 percent of all flights, or 30,000 passengers per day. Flights operated by SAS Link, SAS Connect and SAS’ external partners will not be affected.

“The decision to go on strike now demonstrates reckless behavior from the pilots’ unions and a shockingly low understanding of the critical situation that SAS is in,” said Anko van der Werff, the airline’s president and CEO, in a statement.

A strike at this point is also devastating for debt-ridden SAS which is in dire financial straits as a result of hefty debts.

Headquartered in Stockholm, Sweden, the airline has its hubs in Copenhagen, Stockholm and Oslo. Sweden and Denmark both have 21.8 percent stakes in SAS. However, following the latest financial crisis, Sweden had refused to inject more money into the airline.

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