Szallas.hu gained ownership in the Travelminit accommodation agency in Kolozsvár

As the first step in a two-step transaction, Hungary’s largest accommodation booking site, the Szallas.hu gained minority ownership Travelminit International SRL in Kolozsvár – Travelminit told.

According to a statement sent to MTI’s Bucharest office, the second phase of the transaction is expected to be completed in 2020 when, after a share exchange, Travelmin continues as a subsidiary of the Szallas.hu group, bearing the Travelminit brand name. (MTI)