LAKESTAR SPAC I SE EQS-News: HomeToGo Group appoints Dr. Bodo Thielmann as Chief Investment Director

Transparency directive : regulatory news

19/09/2023 07:00

EQS-News: HomeToGo SE / Key word(s): Personnel
HomeToGo Group appoints Dr. Bodo Thielmann as Chief Investment Director

19.09.2023 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

HomeToGo Group appoints Dr. Bodo Thielmann as Chief Investment Director

Luxembourg, 19 September 2023 - HomeToGo SE (Frankfurt Stock Exchange: HTG), the marketplace with the world's largest selection of vacation rentals, welcomes long-term industry leader Dr. Bodo Thielmann as HomeToGo’s Chief Investment Director. In this newly created role, Bodo Thielmann will lead the Company’s efforts to acquire, integrate and scale profitable businesses. HomeToGo is looking ahead to tapping into its still significant cash position to fuel both organic and inorganic growth and continue its successful, profitable growth trajectory.

Bodo Thielmann joins HomeToGo from his previous role as CEO of Destination Solutions GmbH (HRS Group), one of HomeToGo’s key partners as a leading travel tech company for vacation rental management. He previously served as CFO of OYO Vacation Homes, which includes brands Belvilla, DanCenter and Traum-Ferienwohnungen. Additionally, he was COO of Electronic Media and Head of New Investments in his decade of experience at Axel Springer Group, including responsibility for investments such as Airbnb, Runtastic, Awin/Zanox and AVIV Group, a leading digital real estate tech company. Initially, he worked for Bertelsmann and Deutsche Telekom Group. Bodo Thielmann currently serves as a Board Member of the German Holiday Home Association.

Dr. Patrick Andrae, Co-founder & CEO of HomeToGo: “We are very pleased to welcome Bodo Thielmann, who has been one of our longtime trusted partners, to our HomeToGo leadership team. Bodo brings an inimitable and rare combined expertise of both investments through M&A and operational experience in the vacation rental industry, including extensive knowledge of our unique business model. Our targeted M&A activity has always underlined a strategy of selectively acquiring and scaling healthy, profitable businesses that contribute directly to our operational and financial performance. With multiple value accretive acquisitions in 2022 and a resulting post-merger integration focus that we’ve completed in 2023, Bodo will be instrumental in fueling our targeted inorganic growth in the future.”

Dr. Bodo Thielmann, Chief Investment Director of HomeToGo: “I’m truly looking forward to joining one of the fastest growing and impressively professional players in the vacation rental industry. In my years of partnering with HomeToGo we have always united on the common goal of delivering an incredible experience for our travelers and key customers on the supply side, and driving resilient and strong performance together. In this new chapter, I look forward to building on their already significant profitable growth trajectory through selective and value accretive M&A and helping to grow their global footprint within our industry.”

For more information on the Company’s financial performance, visit HomeToGo’s Investor Relations website at: ir.hometogo.de.


Dr. Bodo Thielmann, Chief Investment Director of HomeToGo, with Dr. Patrick Andrae, Co-founder & CEO of HomeToGo

About HomeToGo

HomeToGo was founded in 2014 with a vision to make incredible homes easily accessible to everyone. To pursue this vision, HomeToGo was able to build and constantly grow a trusted and easy-to-use technology platform that brings together property suppliers with travelers from all across the world.

HomeToGo operates a marketplace for vacation rentals that connects millions of travelers searching for a perfect place to stay with thousands of inventory suppliers across the globe, resulting in the world's most comprehensive inventory coverage in the alternative accommodation space. HomeToGo's marketplace is beneficial to both of its customer groups: Consumers who visit HomeToGo's websites gain access to the largest inventory in one place, and supply partners who use the platform's reach and technology solutions are better able to serve a wide range of customers and generate more high-quality demand. While HomeToGo SE's registered office is located in Luxembourg, HomeToGo GmbH is headquartered in Berlin, Germany. HomeToGo operates localized apps and websites in 25 countries.

HomeToGo SE is listed on the Frankfurt Stock Exchange under the stock ticker “HTG”.

For more information visit: www.hometogo.com/about

Media Contact
Caroline Burns

Investor Relations Contact
Sebastian Grabert
+49 157 501 63731

Forward-Looking Statements

Certain statements contained in this release may constitute "forward-looking statements" that involve a number of risks and uncertainties. Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate", "believe", "intend", "project", "goal" or "target" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are based on assumptions, forecasts, estimates, projections, opinions or plans that are inherently subject to significant risks, as well as uncertainties and contingencies that are subject to change. No representation is made or will be made by HomeToGo SE that any forward-looking statement will be achieved or will prove to be correct. The actual future business, financial position, results of operations and prospects may differ materially from those projected or forecast in the forward-looking statements. Neither HomeToGo SE nor any of their respective affiliates assume any obligation to update, and do not expect to publicly update, or publicly revise, any forward-looking statements or other information contained in this release, whether as a result of new information, future events or otherwise, except as otherwise required by law.

Use of Non-IFRS Performance Measures

This release includes certain financial measures not presented in accordance with IFRS, which may exclude items that are significant in understanding and assessing the Company's financial results. These measures should not be considered in isolation or as an alternative to measures of profitability, liquidity or performance under IFRS. Regarding the alternative performance measures Adjusted EBITDA, Booking Revenues, Onsite Booking Revenues, Onsite Share and CPA Take Rate, the Company refers to the corresponding definitions published on its IR website under IR resources (http://ir.hometogo.de/).

19.09.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language: English
Company: HomeToGo SE
9 rue de Bitbourg
L-1273 Luxembourg
E-mail: ir@hometogo.com
Internet: ir.hometogo.de
ISIN: LU2290523658, LU2290524383
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1728727

End of News EQS News Service

1728727  19.09.2023 CET/CEST


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