Wimdu GmbH has announced its closure at the end of the year “in the face of significant financial and commercial challenges,” which is why Airbnb’s competition will cease operations by the end of 2018.
The company, which has 100 employees located in Berlin and Lisbon, ensures that the administration is working closely with staff to face this closure.
The company ensures that the main objectives are the fair treatment of employees affected by the closure and the management of future reserves for their guests and hosts.
The company guarantees customers who have reserved accommodations for the rest of the year that their reservations will be maintained, while users who have made reservations for next year will be contacted to manage the returns.
Wimdu was presented as the largest platform in Europe specializing in urban apartments and offered 350,000 accommodation in more than 150 countries around the world.
In 2017, Windu was acquired by the Danish group Novasol with the aim of strengthening its position in the European market. Just today a ciere of Wimdu is added another information: the resignation of the CEO of Novasol, Bernd Muckenschnabel, who will be replaced by Jan Hapaanen, linked to the group since 2002.