Paris – (hospitalitybusinessnews.com) 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”.