HomeAway takes full control of Travelmob
Tuesday, 28 Oct, 2015
0
Online accommodation platform HomeAway has completed the buyout of Singapore-based booking site Travelmob.
HomeAway has acquired the outstanding 31.5% shareholding it didn’t already own in the company.
This paves the way for Travelmob to be integrated into HomeAway and will be rebranded as ‘HomeAway Asia.’
Travelmob has about 40,000 private rental listings in Asia.
It will continue to be based out of Singapore and Travelmob’s current chief technology officer Prashant Kirtane will serve as Asia vice president for HomeAway.
The company also announced it has launched 14 country specific HomeAway sites, which include China, Japan, India, Indonesia and Korea.
HomeAway hinted it may make more investments and strategic partnerships in Asia.
The company has a minority stake in Chinese vacation rental company, Tujia and owns Stayz in Australia and Bookabach in New Zealand.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...
TAP Air Portugal to operate 29 flights due to strike on December 11
Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Air Mauritius reduces frequencies to Europe and Asia for the holiday season
Major rail disruptions around and in Berlin until early 2026