Red Savannah Acquires Italian Villa Specialist Homebase Abroad

Pink Savannah has obtained Homebase Overseas, a U.S.-dependent business specializing in trip rentals exclusively in the Italian villa industry. The deal expands both Pink Savannah’s U.S. clientele community and its portfolio of luxurious villa houses. Homebase Abroad is Purple Savannah’s first acquisition.

George Morgan-Grenville, Pink Savannah’s CEO and Founder, stated in a push release that the enterprise has been looking at many acquisition alternatives in the latest years but “Homebase Abroad was the first business we felt was properly aligned from each a philosophical and demographic standpoint.” Added terms of the acquisition were being not disclosed.  

Here’s what you want to know:

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The team at Homebase Overseas, headquartered in Marblehead, MA, will carry on to oversee all villa vacations booked for 2021. On January 1, 2022, all Homebase Overseas bookings will transition to Pink Savannah with Homebase’s founder and director, Mara Solomon, remaining closely included as a Purple Savannah Ambassador.

The U.S. is presently Pink Savannah’s second-most significant current market, symbolizing 45 p.c of its company, and considerably of the advancement in the latest many years has been in Europe—especially the luxury villa sector, the business says. Very good to know: Purple Savannah has an array of new choices, which include luxurious villas throughout Europe these types of as the 18-bedroom Chateau Margui in the South of France, section of the particular home portfolio of movie producer George Lucas, as effectively as up to date Villa Malvan in the Cote d’Azur city of Vence (within strolling distance of Matisse’s Chapelle du Rosaire), and Villa del Monte, a sensible place house amidst the hills and vineyards of Chianti.

Red Savannah also has new encounters in the Mediterranean in common island locations these types of as Ibiza, exactly where a trio of tremendous-stylish villas—Villa Josep, Can Bonita and Villa Xi—can be rented individually or collectively to accommodate up to 44. The collection has also expanded in the northeast corner of Corfu, Greece: Villa Kerasia in Corfu sits shut to the beach front with waterfront tavernas searching out over the Ionian Sea. In addition, Red Savannah also elevated its collection of luxurious gulets and yachts in the Mediterranean, with summer season 2021 additions in Croatia and Montenegro.

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