STAYSkift · 5d ago
European Vacation Rental Platform Awaze Felt Affordability Squeeze in 2025

Executive Brief
The 30-second read
Awaze reported improved earnings and narrowed losses for 2025 despite a decline in overall revenue and cash reserves. The group faces net liabilities as it approaches a critical debt refinancing deadline scheduled for 2028.
- 01Adjusted earnings grew and losses narrowed during the 2025 fiscal year
- 02Revenue slipped and cash positions shrunk due to European affordability pressures
- 03The group shifted into net liabilities ahead of a 2028 refinancing obligation
- 04Awaze remains Europe largest holiday rental group despite recent financial headwinds
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Europe's largest holiday-rental group grew adjusted earnings and narrowed its loss in 2025, but revenue slipped, its cash position shrunk, and the group slid into net liabilities ahead of a 2028 refinancing.