ALTIDO and DoveVivo join forces creating the largest living company in Europe

 

2022 has brought an exciting new chapter to ALTIDO who has recently merged with DoveVivo, the largest coliving company in Europe currently operating in 15 cities in Italy, France, and Spain with over 10 000 beds. This partnership will promote the geographic and business expansion of both companies by facilitating the entry into new markets and covering all segments of the rental market, from students to business, from couples to multifamily stays leading to the creation of the largest living company in Europe.

In 2019, ALTIDO was born out of a merger of 4 individual companies of the short-term rental market from 4 different countries and almost 3 years after, it boasts an impressive portfolio of over 1 000 properties and 700 pop-up hotel beds under management in over 20 cities. Growth is the keyword for the upcoming year in ALTIDO and by receiving an external investment for the first time, our company plans to create more job opportunities, expand organically and inorganically, invest in our current team and assets, among others.

As our CEO, William Parry, has stated “today’s announcement marks the culmination of many months of hard work, and an important next step in ALTIDO’s mission to become the leading short term let operator in Europe. It has been a pleasure working with the DoveVivo team on this project and with their expertise, support and investment, we are confident we will see strong growth in 2022 and beyond”.

DoveVivo, a company founded by Valerio Fonseca and William Maggio, has the mission of offering a smart and innovative way to manage properties destined for coliving, guaranteeing their network of owners and investors the best value and their international community of young people the best way to live their new city.
If you are looking for private accommodation or rooms in an apartment to share with new friends, check DoveVivo’s website and join the community!

ALTIDO's management team, shareholders of the group, remain at the helm of the short-term player in the following roles: William Parry - CEO, Davide Ravalli - Head of Sales and M&A, Michael Allen -Business Development, Thomas Archer - MD Portugal, Gonçalo Ribeiro – CIO.
Valerio Fonseca and Giulio Limongelli join the board as ALTIDO advisors with Anna Casiraghi in the role of Chairman.