eDreamsOdigeoacquireshotelbookingsiteBudgetPlaces

Accommodation service BudgetPlaces has ended almost 14 years as an independent company and sold to travel group eDreams Odigeo.

Terms of the deal have not been disclosed.

eDreams Odigeo says the deal will not any impact on 2016-2017 capital expenditures as it follows thesale of part of its corporate travel division, TravelLink, to Flight Centre Travel Group in September last year, also for an undisclosed fee.

BudgetPlaces has around 7,500, directly-contracted properties on its books from 1,000 destinations around the globe.