For reasons of efficiency, @Leisure, one of the largest European specialists in holiday accommodation rentals, has decided to manage its brands with a portal/aggregator function from its office in Hamburg from now on. This includes the Euro Relais brand, among others. The i-Rent brand, the direct rental module within the holding company, is to be managed from the new office in Amsterdam. Starting 1 July, the @Leisure holding company will also be established in this office. The Heerhugowaard office will be closed, while the Eindhoven office will continue to operate as a ‘tour operator' for the Belvilla, Ardennes Relais and other brands under the direction of CEO Hedwig Wassing.

The holding expects that these changes will enable it to optimally use the three-pillar model of tour operator, reseller (aggregator) and online marketplace (enabler), thereby better serving the market in all areas.

Due to a difference of opinion regarding the policy to be pursued, CEO Bert Wiggers decided to leave @Leisure on 1 July. His responsibilities will be assumed by Hans Wierikx (as regards i-Rent and Holiday Parks), Maarten Esser (for Jules Villas) and Paul Slegers (other). The shareholders of the @Leisure Group feel it is important to mention that all pertinent matters have been settled with Bert Wiggers in close consultation.

About the @Leisure Group

The @Leisure Group is one of the biggest players in the European market for accommodation rentals, including holiday homes, holiday parks and hotels. The @Leisure Group engages in a variety of online activities that include acting as a 'tour operator', reseller (aggregator) and online marketplace (enabler). The @Leisure Group serves as a tour operator in the holiday home rental sector through its consumer brands Belvilla, Ardennes Relais, Jules Villas and CityTrips-europe. The holding company manages the rental of around 20,000 holiday homes in 20 European countries. As an aggregator, the @Leisure Group offers an even wider selection of accommodations to several tour operators under the Euro Relais and Casamundo brands. It also operates advertising models as an enabler. A staff of around 160 individuals works in the offices in Heerhugowaard, Eindhoven, Hamburg, Cologne, Kitzbühel and Ibiza. In 2009, 700,000 holidaymakers of more than 50 different nationalities booked their holiday with one of these brands. A booking turnover of more than €105 million was achieved that year.

Note to editors (not for publication):

For more information and/or high resolution images, please contact:

Public Relations, Ellen Oude Grotebevelsborg, by phone at +31 (0)40-216 36 12 or e-mail to Ellen.OudeGrotebevelsborg@leisure-group.eu.

Belgium: Glenaki, Kristien Basting or Birgit Defoort by phone at +31 (0)50-614200 or by e-mail to birgit@glenaki.com or kristien@glenaki.com.