Twin Deals

06.12.2023 - 04:12 / skift.com / Srividya Kalyanaraman

Good morning, folks! Remember the story yesterday on the UK’s housing crisis?

Well now there are talks of converting a golf club on the outskirts of London into 650 affordable homes AND pay for additional community facilities, including a gym and an upgraded golf clubhouse.

Who’s holding their breath? I am not. 

On the agenda today:

Berlin-based hospitality brand Numa Group has acquired Dutch aparthotels operator YAYS Group from Proprium Capital Partners. The companies did not disclose details of the deal. 

But the deal was likely funded with Numa’s latest fundraising round in September. Numa raised $59 million and said the funds will be used for expansion across Europe. 

Together the combined entity holds over 5,200 units. 

YAYS Group operated 489 units across the Netherlands, Belgium, and France, which will now be added to Numa’s portfolio. YAYS Group was taken over by Proprium Capital Partners in 2017. 

Founded in 2019, Numa’s portfolio consists of 4,500 units, in ten countries and across 28 major European cities including Berlin, Munich, Rome, Milan, Barcelona and Paris. Its latest addition being 24 units in two properties in Madrid. 

Numa Buys Dutch Rival YAYS Group

Global corporate accommodation booking agent Situ acquired the full technology stack of Rentivo, a short-term rental company. The move aims to align Rentivo’s professionally operated short-term rental space with Situ’s global corporate housing and serviced apartment inventory. 

The combined platform will enable serviced apartment, home, and aparthotel operators to showcase their properties to clients seeking quality and compliant accommodation for mid- and extended stays. 

Situ aims to become the data standard for the professionally managed extended stay sector, offering a trusted source for inventory loading, access, and management. The acquisition is expected to benefit corporate travel and relocation buyers with access to more professionally managed inventory. 

Hospitality marketing company Boostly has integrated with PriceLabs, Jurny, Direct Booking Tools, and Dtravel. 

These integrations will provide hosts and property managers with tools to boost direct bookings to their website, and minimize reliance on third-party online travel agents.

With Pricelabs, hosts have access to dynamic pricing tools, Jurny provides automation like contactless check-ins and bookings, Direct Bookings Tools is a price comparison tool and DTravel’s web3 ecosystem provides a distribution network for direct bookings.

Hospitality provider Bob W’s ‘Show Us Your Numbers’ campaign is urging the industry to disclose their carbon footprint data. Bob W said that its greenhouse gas emissions per guest night averaged 29 kg of carbon emissions, outperforming the