News
Nocowanie.pl-Noclegi.pl switch was successful
18 April was another milestone in the operation of Szallas Group. Our dedicated colleagues made it possible with their hard work to have a successful switch for our two Polish platforms, Noclegi.pl and Nocowanie.pl.
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Closing of the acquiration has ended
With the approval of the Hungarian Ministry of Technology, all the final signatures were put on the Szallas Group-Wirtualna Polska deal, so from 2nd November, Szallas Group is officially part of Wirtualna Polska Holding!
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Wirtualna Polska acquires Hungary-based Szallas Group
Wirtualna Polska Holding S.A., the owner of Poland’s highly popular websites and a leading provider of online travel and tourism services in Poland, is acquiring Portfolion Capital Partner’s investment, Szallas Group. Szallas operates the largest domestic travel portals in CEE enabling visitors to book accommodation in Hungary, the Czech Republic, Romania, Poland and Croatia. Accordingly, Wirtualna Polska will build a group that will be a leading domestic travel booking services provider in Central and Eastern Europe. The deal is valued at EUR 72 million, plus the company’s net cash, which is estimated around EUR 10 million as at the transaction closing date, making a total value of EUR 82 million for the acquisition.
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Szallas Group had its first CEE Tourism Trends Webinar
Szallas Group, Google, Previo and D-EDGE have held their first joint webinar about the future possibilities and challenges of tourism in the CEE region.
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