AccommodationCoin.com acquires Edelo.co
Accommodation Coin has successfully executed a new acquisition, where AccommodationCoin.com has acquired 100% of the Edelo.co business.
Edelo.co was initially setup as a small booking channel for customers in the New Zealand and South African markets, similar to the likes of booking.com and Expedia.
However after a lack of funding the business has since been left to dwindle.
The team at Accommodationcoin.com intend to revitalize the channel with a view to help grow both businesses.
Edelo.co will be re-launched sometime later in November with some special initiatives to help encourage the use of Accommodation Coin.
Both Fiat and crypto payments methods will be accepted on the renewed Edelo.co, whoever customers seeking to book accommodation with Accommodation coin only will automatically receive a 25% discount on the total booking value.
As a management team we believe this initiative will stimulate both businesses while encourage the use of Accommodation Coin to a wider audience.