HomeToGo, the Germany-based short-term rental comparison-shopping engine, has been making strides in a booking model that peers like Kayak, Google, and Tripadvisor downplayed or abandoned.
HomeToGo, the Germany-based short-term rental comparison-shopping engine, has been making strides in a booking model that peers like Kayak, Google, and Tripadvisor downplayed or abandoned.
HomeToGo, the Germany-based vacation rental business that went public in Frankfurt in 2021, said this week that it has started strongly in 2023 and is on track to break even this year.
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.
German vacation rental marketplace HomeToGo’s focus on repeat demand, gaining a stronghold outside its core market (Germany, Austria and Switzerland) and increasing its onsite booking rate is how its sees a path to profitability.
Thanks to record booking revenue ahead of this year’s summer travel, German vacation rental marketplace HomeToGo is looking at breaking even in 2023.
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