Wyndham makes more purchases

Paramus NJ (hospitalitybusinessnews.com) According to reports, a Wyndham subsidiary has purchased Wimdu Vacation Rentals.

Wimdu is one of the world’s leading online marketplaces for private accommodation, providing a smart alternative for guests dissatisfied with expensive, impersonal hotels. The concept utilises the increasingly popular sharing economy model: Wimdu enables hosts to generate additional income on a spare room or empty apartment, while offering guests high quality, great-value accommodation suitable for all budgets.

Founded by Arne Bleckwenn and Hinrich Dreiling in 2011, Wimdu has seen remarkable growth and now lists more than 300,000 properties in more than 140 countries worldwide. From Berlin to Beijing, guests can book top quality accommodation with more space, privacy and flexibility than a standard hotel room.

Meanwhile, in the UK, Wyndham has made an undisclosed investment in upmarket vacation rental firm Veeve.

According to their website Veeve’s mission is simple: to make renting out your home while you are away as effortless as possible, allowing you to unwind on holiday while we take care of everything at home.

For our hosts, we market your home, vet the guests, take payment and check them in, and will clean your home before and after each stay, even supplying our own linen and towels. What’s more, our comprehensive insurance will protect your home and contents, so you can truly relax and earn extra income from your home.

For our guests, we have over 1,000 characterful homes to choose from, a dedicated service and – if the mood takes you – extra home comforts (private airport transfer, fridge fills and maid service to name a few).

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