TravelNewsAsia.com
Mon, 6 February 2017

AccorHotels to Acquire Travel Keys

AccorHotels has entered into exclusive negotiations for the acquisition of 100% of Travel Keys, one of the leading players in the private vacation rental market.

Founded in 1991, Travel Keys is an elite travel broker representing a luxury collection of over 5,000 highly curated villas across more than 100 destinations across the Caribbean, Mexico, Hawaii & the United States, Europe, Asia and Africa.

Travel Keys Turks and Caicos

The combination of Travel Keys with onefinestay and Squarebreak will provide AccorHotels with about 8,500 addresses in the luxury private rental market, in both the vacation and urban segments.

Sebastien Bazin, Chairman & CEO of AccorHotels, said, We are extremely pleased to have Bobby Gibson and his team join the AccorHotels family. They have built a very robust business over the years that will be instrumental in our strategy to create the number one luxury private rental player in the world. Travel Keys brings an impressive portfolio of premium properties to our existing activities. This acquisition further demonstrates our agility and dynamic approach to offer comprehensive services to our clients.

The transaction is expected to close in Q2 2017 after customary due diligence.

See other recent news regarding: AccorHotels, Travel Keys, Acquisitions.

Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address to the right. You can also stay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
Latest Travel News
Advertising
Advertising
Copyright © 1997-2018 TravelNewsAsia.com