AccorHotels acquires a 30% stake in Oasis Collections, a curated marketplace for private rentals
AccorHotels announces today the acquisition of a 30% stake in Oasis Collections, the company which pioneered the "Home meets Hotel" category of accommodations, blending the value and authenticity of private rentals with the service, quality-control and amenities of a hotel.
AccorHotels announces today the acquisition of a 30% stake in Oasis Collections, the company which pioneered the "Home meets Hotel" category of accommodations, blending the value and authenticity of private rentals with the service, quality-control and amenities of a hotel.
The company was launched in Buenos Aires 2009 and counts 1,500 properties in 18 destinations, in Latin America, the US and Europe. The company offers personalized services to leisure and corporate guests alike, including on-the-ground concierge service and access to members' club venues, as well as targeted exposure to international travelers for home owners.
"Oasis Collections allows us to explore new complementary offer to upscale hotels", explained Vivek Badrinath, Deputy Chief Officer, Marketing, Digital, Distribution and Information Systems. We are delighted to work with young talents who share our hospitality and digital culture".
Parker Stanberry, Co-Founder & CEO of Oasis Collections, said "We are pleased and proud to have AccorHotels alongside us and to benefit from its experience as a global operator and its support in infrastructure and demand generation. We share the same hospitality DNA, and this partnership will give us the means to match our ambition to reach 70 top key cities by 2019".
About Accor, a world-leading hospitality group
Accor is a world-leading hospitality group offering stays and experiences across more than 110 countries with over 5,600 hotels and resorts, 10,000 bars & restaurants, wellness facilities and flexible workspaces. The Group has one of the industry's most diverse hospitality ecosystems, encompassing around 45 hotel brands from luxury to economy, as well as Lifestyle with Ennismore. ALL, the booking platform and loyalty program embodies the Accor promise during and beyond the hotel stay and gives its members access to unique experiences. Accor is focused on driving positive action through business ethics, responsible tourism, environmental sustainability, community engagement, diversity, and inclusivity. Accor's mission is reflected in the Group's purpose: Pioneering the art of responsible hospitality, connecting cultures, with heartfelt care. Founded in 1967, Accor SA is headquartered in France. Included in the CAC 40 index, the Group is publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. For more information, please visit group.accor.com or follow us on X, Facebook, LinkedIn, Instagram and TikTok.