Holiday rental specialist Viadi has acquired global luxury villa rental marketplace Edge Retreats for an undisclosed sum.
Viadi was co-founded by Oli Corkhill, an alumnus of the TTG 30 Under 30 class of 2017. It has four hubs in the United States, United Kingdom, Switzerland and the United Arab Emirates.
Edge Retreats is Viadi’s third acquisition, after it purchased a majority stake in Caribbean-focused villa specialist WhereToStay.com in January this year. It acquired experiential tour operator Explorations Company in 2022.
Based in London, venture-backed Edge Retreats was founded in 2013 and has a portfolio of 6,500 properties across 164 destinations, serving clients in 74 countries.
Corkhill said: “I’ve followed Edge Retreats since inception and they have an impressive portfolio of properties around the world, especially in Europe. WhereToStay.com and Edge Retreats are highly complementary, and this latest acquisition will propel the business across both sides of the Atlantic. Adding the Edge Retreats properties to the mix will see the overall portfolio of vacation rentals within Viadi approaching 10,000 properties globally.”
Thom Dunaway, founder of WhereToStay.com, added: “Making this acquisition so early in this next chapter of the WhereToStay.com story is pivotal and allows us to bring product in Europe and the rest of the world to our largely North American-based clients whilst attracting more guests globally. We’ve built a highly efficient technology platform over 25 years with unique business logic that will stand us in good stead as we grow the portfolio and client base.”