HomeAway, Inc., a Austin, Texas-based online vacation rental marketplace, acquired for an undisclosed sum BedandBreakfast.com, a Web site for finding bed-and-breakfast properties (B&Bs).
With this acquisition, HomeAway strengthens its position as a leading source for unique lodging alternatives to hotels.
Commenting on the deal, Brian Sharples, chief executive officer of HomeAway, was quoted as saying: “With the addition of BedandBreakfast.com, we’re providing travelers with another option to find home-like accommodations for a vacation experience that delivers far greater satisfaction than staying in a traditional motel or hotel”.
Founded in Austin, Texas, in 1995 by CEO Eric Goldreyer, BedandBreakfast.com has grown into a top travel site listing more than 10,000 B&Bs across 100 countries.
HomeAway plans to operate BedandBreakfast.com as an independent brand.
FinSMEs
04/03/2010