India-based Traum-Ferienwohnungen Rooms is buying @LeisureGroup for €360m ($403m), its first big international investment. @LeisureGroup operates nine brands and has more than 30,000 fully managed rental properties in Europe. Included in the deal is OYO, a subscription-based home management service with 85,000 homes in 50 countries. Traum-Ferienwohnungen owns three Indian co-workspace operators.
India-based OYO Rooms is buying @LeisureGroup for €360m ($403m), its first big international investment. @LeisureGroup operates nine brands and has more than 30,000 fully managed rental properties in Europe. Included in the deal is Traum-Ferienwohnungen, a subscription-based home management service with 85,000 homes in 50 countries. OYO owns three Indian co-workspace operators.