Holiday homes drive the market
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Expedia acquires vacation rental provider
Bellevue/Austin. Expedia, Inc., and HomeAway, Inc., announced on Wednesday that they have entered into a definitive agreement under which Expedia has agreed to acquire HomeAway, including all of its brands. The OTA buys a leading provider for vacation rentals.
Holiday home tourism: The private are the strong
Frankfurt/Berlin. Holiday homes and holiday apartments are at a premium with the Germans. Now, current figures regarding the actual size of the industry provide for a surprise. With about 103 million overnight stays per year, the German holiday home market is three times larger than accepted up to now. This is to be owed to the private suppliers.