Having closed a deal to acquire all remaining shares in Squarebreak, one of three of its vacation rental purchases along with onefinestay and Travel Keys, AccorHotels will integrate the trio under the onefinestay brand by year-end.
This will give onefinestay a combined inventory of 10,000 curated homes, villas and apartments spanning six continents. Locations range from metropolitan centres such as New York, Rome and San Francisco, to islands in St Barts and Bali, and Mediterranean escapes in France, Italy and Greece.
Prior to the deal, AccorHotels had owned 49 per cent of Squarebreak since February 2016, acquired Travel Keys earlier this year and onefinestay in 2016.
Javier Cedillo-Espin, who has been appointed CEO of onefinestay, will head the grouping of three brands with a team of executives from onefinestay, Travel Keys and Squarebreak.