The company has picked up @Leisure Group from Axel Springer for about $415 million (€369.5 million).

@Leisure sees traffic and business from some 2.8 million travellers annually from across 118 countries. Its European footprint covers some 115,000 homes, and some 300,000 rooms globally. It operates through various sub-brands, including Belvilla, DanCenter, Danland and Traum-Ferienwohnungen.

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