Move boosts specialist operator’s portfolio by 32 villas
Oliver’s Travels has added 32 new homes to its portfolio following the acquisition of Menorca Private Owners, a luxury villa rental operator based in Menorca, Spain.
The strategic move is Oliver’s Travels’ largest acquisition to date, expanding its offering on the island to a total of 159 villas.
The brand said the investment marked a “significant milestone” in its “ambitious” growth strategy, which will “deliver a more diverse offering of luxury rental options to its discerning clientele”.
Oliver’s Travels co-founder Oliver Bell said: “We are delighted to announce our second acquisition of the year, further expanding our presence in the beautiful region of Menorca. This strategic move not only adds a stunning collection of villas to our portfolio but also underscores our commitment to offering unparalleled experiences in one of Europe’s most sought-after destinations.
“We welcome the talented team from Menorca Private Owners and look forward to the exciting opportunities this partnership will bring to our valued customers.”
Managing director of Menorca Private Owners, Pete Perera, added: “I’m excited by the opportunity to grow the business and continue to be part of the MPO family. I know I speak for the entire team [when I say] that the business has been left in great hands and will continue to deliver the personal service our owners and travelling clients know us for.”
Oliver’s Travels’ portfolio now consists of more than 1,400 holiday homes in Spain. The company is set to announce additional investments before the end of the year.