Categories

HOLIDU SECURES €37 MILLION IN FUNDING

Start-up company Holidu aims to make the search and booking of holiday rentals easy. The principle behind the company is paying dividends. Revenues grew substantially in 2020, helping the company in securing €37m in capital. The new investment brings the company’s total funding to more than €100m since its foundation.

Holidu is active in 21 countries with its search engine that combines more than 15 million holiday rental offers from over a thousand travel sites and property managers. Under the Bookiply brand, the company also helps holiday rental owners to get more bookings with less effort through a software-and-service solution.

Despite the Covid-19 pandemic hitting the travel industry especially hard, in 2020, Holidu’s revenues grew substantially compared to 2019. Moreover, its search business became operationally profitable.

In July 2020 alone, more than 27 million travellers used the Holidu website, making it one of the largest platforms for holiday rentals worldwide. This growth was particularly evident in the UK market, where revenues tripled in 2020 compared to 2019. Also, Bookiply significantly expanded its customer base of holiday rental owners and has become the largest supplier of holiday rentals in important leisure destinations such as the Balearic Islands, Canary Islands and Sardinia.

The new €37 million injection will enable Holidu to further accelerate both the profitable growth of its holiday rental search engine and the expansion of its holiday rental software business with Bookiply. 

For more information: https://www.holidu.co.uk

Leave a Comment

Your email address will not be published.