Online holiday rental giant HomeAway has made another major acquisition in the European market, snapping up Homelidays for an undisclosed fee. This acquisition will give HomeAway control of the number one and two holiday rental sites in the UK and France.
The latest purchase – the WVR Group's twelfth since 2005 – comes just three months after HomeAway secured a record $250 million investment round in private financing.
Homelidays currently has around 40,000 properties listed, boosting the overall HomeAway portfolio to an amazing 360,000 worldwide!
HomeAway acquired another leading French site Abritel.fr in January 2007.
As a user of both Homeaway and Homelidays, I will be intrigued to see the impact of this acquisition.
Monday, February 09, 2009
Homeaway acquires Homelidays
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