acquires Bungalow Booker

The European leader in booking outdoor accommodation on the internet announces the acquisition of Bungalow Booker, European leader in booking outdoor accommodation on the internet, announces the acquisition of Bungalow Booker, the first booking platform in the Netherlands. The combined entity will cross the €200m mark of business volume in 2023.

This operation follows a new financing round of €27 million from group, including €22 million in capital increase carried out with the Partners in Equity investment fund, one of its shareholders since 2020, and €5 million in bonds with Siparex.

This merger makes sense by the complementarity of activities both in terms of customers and accommodation offers, allowing customers to book in the main camping destinations of Europe. The new group will have nearly 4,500 referenced establishments in 10 countries for the 2023 season.

Hosting partners, independents in particular, will be able to rely on to further support them in their international digitization. The ability to better manage the school holiday calendars of client-based countries is a guarantee of performance increase of their income by location.

A French travel tech, is thus further strengthening its European leadership in the distribution of outdoor accommodation and accelerating its growth strategy. The group is becoming the key player in the commercial intermediation of open-air accommodation and, after a growth in its reservations of +30% in 2022, is aiming for a business volume of more than 200 million euros from 2023.