Articles tagged “hometogo”

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

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

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.

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

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

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…

Berlin-based MYNE, which manages co-ownership of holiday properties, acquired its rival VillaCircle. 

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.