VC-backed Onefinestay to be acquired by AccorHotels for £117M
April 06, 2016
Onefinestay operates a website where travelers can find and book stays in high-end homes in large cities around the world. The company takes a hands-on approach, greeting guests at the residence when they arrive and offering an iPhone with free data and local calls, plus recommendations for exploring the area. AccorHotels (EPA: AC) has agreed to pay £117 million for the company and committed a further £50 million to help it scale internationally.