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 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.
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…
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.
Turning a large proportion of cruise bookings from offline travel agents into online instant bookings would be a big ask. Many of Cruisebound's backers don't need the money, but they will have to prove themselves again nonetheless.
A public company, HomeToGo is still very small. However, in metasearch, albeit for short-term rentals, it is going places where larger rivals were unsuccessful.
Google announced it will shut Book on Google for flights for users outside the U.S. at the end of September, and told Skift it will likewise end the feature in…