TripAdvisor buys HouseTrip
TripAdvisor has acquired UK-based HouseTrip for an undisclosed sum.
According to reports, HouseTrip will continue to operate as a brand but its featured properties will be shared across TripAdvisor’s rental sites, which include FlipKey, HolidayLettings and VacationHomeRentals.
HouseTrip was founded in 2009 and has offices in London, Lausanne and Lisbon.
In September 2014, a major restructure of the group saw around 30% its staff laid off.
Co-founders Arnaud Bertrand and Junjun Chen stepped down at that time and were replaced by the current chief operating officer George Hadjigeorgiou.
Since being set up, HouseTrip has received more than $60m in funding from venture capital companies Index Ventures, Balderton Capital and Accel Partners.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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