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Announced

Completed

QIG completed the acquisition of Homelike.

Synopsis

QIG, a hospitality investment organisation that combines game-changing ideas with investment, completed the acquisition of Homelike, an online platform for temporary furnished apartment and serviced apartment rentals for businesses and corporate travelers. Financial terms were not disclosed. "We are thrilled and exhilarated by the trust and confidence which is put into Ioannis and myself through this investment by QIG. We fully believe in the shared vision with the QIG management team. The merger of the global supply base and network of corporate decision makers at QGN, along with Homelike’s platform, state-of-the-art technology and exceptionally talented team offers the unique opportunity to propel the long-stay industry into the next dimension. With this globally unique combination, we are in the ideal position to solve the industry’s most eminent digitisation challenges around global portfolio management," Philipp Morawietz, Homelike Managing Director.

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