Articles tagged “hometogo”

Short-Term Rentals

HomeToGo Buys Stake in Two German Companies for $34 Million

HomeToGo's M&A strategy: Focus more on profit, less on synergy.

HomeToGo Buys Stake in Two German Companies for $34 Million

Short-Term Rentals

European Short-Term Rental Brands See Surge in Dealmaking

When an investment banker says the market isn't going to deliver value, it's a wake up call.

European Short-Term Rental Brands See Surge in Dealmaking

Short-Term Rentals

Vrbo Kicked Out ‘A Large Number’ of Hosts for Cancelling Guest Bookings

When online travel agencies trot out statistics on their numbers of properties, is it a vanity thing or something more strategic? If you take Vrbo at its word, it's going for quality over quantity.

Vrbo Kicked Out ‘A Large Number’ of Hosts for Cancelling Guest Bookings

Short-Term Rentals

HomeToGo Got Profitable and Repeat Customers Helped

German vacation rental marketplace HomeToGo recorded profits on an adjusted basis for the first time in a second quarter.

Travel Technology

AI Travel Tools Are Getting Better: We Tested Two

Some generative AI tools for travel booking are getting more impressive, and some are not.

AI Travel Tools Are Getting Better: We Tested Two

Short-Term Rentals

HomeToGo Sees Record Booking Revenue, On Track to Break Even This Year

At a time when other vacation rental companies that went public in special purpose acquisition company, or SPAC, deals are struggling, HomeToGo is paving its way toward profitability.

HomeToGo Sees Record Booking Revenue, On Track to Break Even This Year

Short-Term Rentals

HomeToGo Still Waits on Vacation Rental Acquisitions for Elusive Profits

HomeToGo is eager to prove itself as a sustainable and yet growing business in vacation rentals. However, for it to succeed in the long game, the Berlin-based company will need a razor sharp focus on geographical expansion and organic growth — not just acquisitions.

HomeToGo Still Waits on Vacation Rental Acquisitions for Elusive Profits

News Blog

HomeToGo Earns $155 million in 2022 Revenue, Surpasses Initial Guidance

German vacation rental marketplace HomeToGo’s revenue grew to €146 million ($155 million) in 2022, up 54 percent from the comparable period in 2021. This is well ahead of its initial guidance of €120-125 million ($127-$132 million) for 2022. The announcement is part of the company’s preliminary results for 2022.  During the same period, the Berlin-based…

News Blog

MYNE Acquires German Rival VillaCircle

Berlin-based MYNE, which manages co-ownership of holiday properties, acquired its rival VillaCircle.  The company did not disclose any details of the deal. A company spokesperson told Skift that the “deal has an eight digit valuation.” MYNE will take over the real estate and customer care of VillaCircle, and existing operations will be transferred to the…

Short-Term Rentals

HomeToGo and Other Newly Public Companies on Track in 2023 to Reverse Losses

A bunch of companies that pledge to break even or better on an adjusted EBITDA basis this year will actually be in the red using more standard financial measures. These financial makeovers are very much in vogue.

HomeToGo and Other Newly Public Companies on Track in 2023 to Reverse Losses