Vacation home rental site HomeAway is acquiring BedandBreakfast.com, a site for finding bed-and-breakfast properties all over the world.
The terms of the deal were not disclosed, but BedAndBreakfast.com will continue to operate as a separate site from HomeAway.
Austin, TX.-based BedandBreakfast.com lists more than 10,000 B&Bs across 100 countries. HomeAway, which is also based in Austin, was valued at $1.15 billion back in 2008 when the company raised a massive round of $250 million. The site has acquired at least twelve vacation home rental sites, including Homelidays, VRBO, VacationRentals.com, Abritel.fr and OwnersDirect.co.uk.
Rumors were recently swirling about a possible IPO for HomeAway, but the company was quick to dismiss the possibility of a public offering this year. HomeAway also aired a SuperBowl commercial in January, which proved to be popular amongst viewers.
HomeAway, Inc., based in Austin, Texas, represents more than 540,000 paid vacation rental home listings throughout 120 countries, and connects homeowners and property managers with the millions of travelers seeking alternatives to hotels. HomeAway offers an extensive selection of vacation homes that provide travelers with memorable experiences and benefits, including more room to relax and added privacy, for less than the cost of traditional accommodations. The company also makes it easy for vacation rental...
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