Estonia/Australia: Estonia-based nature hospitality model ÖÖD Group, recognized for its mirrored cabin design, has secured funding from Australian family-owned development investor Bayard Capital to speed up its international enlargement.
Identified for its mirror-clad ÖÖD Mirror Home design manufactured in Estonia and the US since 2016, the corporate launched a world hospitality arm in 2022 by way of its ÖÖD Partnership Program, teaming with landowners and operators to develop small-footprint nature locations. ÖÖD earns a share of rental earnings from every website.
ÖÖD mentioned present shareholders will welcome members of the O’Reilly household to its board to offer strategic steerage alongside Bayard Capital’s backing.
The model at present counts 100+ homes throughout almost 50 websites in 12 international locations, all bookable on StayOOD.com. With the brand new funding, the corporate plans to speculate greater than €50 million over the subsequent 2–3 years to construct a portfolio of as much as 1,000 cabins worldwide, prioritising the US, Scandinavia, Iceland and the UK.
Highlights
Bayard Capital invests in ÖÖD Group to assist international development.
O’Reilly relations be a part of the board for strategic enter.
Partnership mannequin with landowners: ÖÖD co-develops websites and shares rental earnings.
Present footprint: 100+ homes, 50 websites, 12 international locations; bookable on StayOOD.com.
Progress plan: >€50m over 2–3 years to succeed in as much as 1,000 cabins within the US, Scandinavia, Iceland, the UK and extra.
