"We have long had our eyes on the fast growing $100 billion alternative accommodations space and have been building on our partnership with HomeAway, a global leader in vacation rentals, for two Expedia plans to pay $3.9 billion, or $38.31 a. Expedia to Buy HomeAway for $3.9B, Rises in . SEATTLE First it was Travelocity, then Orbitz, now Expedia is buying the vacation rental site HomeAway. The transaction will likely close in the first quarter of 2016. Seattle Times - Expedia buys HomeAway for $3.9 billion, by Coral Garnick, November 4, 2015 Austin, Texas-based HomeAway touts itself as the world leader in vacation rentals, with sites representing more than 1 million paid listings of vacation rental homes in 190 countries. It is the largest acquisition in their history. Expediathe parent company of Travelocity, Hotels.com, Hotwire.com, and Trivago, yesterday announced it will buy HomeAway in a transaction that will close in the first quarter of 2016. By who? Nov 4, 2015 1 min read Business Startups business expedia expedia buys homeaway homeaway startups Austin-based HomeAway sold for $3.9 billion dollars to Expedia today. HomeAway acquired VRBO in 2006, and Expedia Group acquired HomeAway in 2015. Expedia will pay $10.15/share in cash and issue 0.2065 shares for each HomeAway share. Later on October 25, 2015, at the instruction of the . The $3.9 billion deal an The deal was agreed an Expedia equity value of approximately $3.9 billion in cash and Expedia common stock, representing a per share price for HomeAway shares of $38.31, based on Expedia's closing price on November 3, 2015. Item Preview Is this likely to shake up the Vacation Rental Market? NEW YORK (AP) Expedia has stepped up its push to become a one-stop hub for all things vacation and travel with its planned buyout of HomeAway, a vacation-rental company. Expedia Travel: Vacation Homes, Hotels, Car Rentals, Flights & More Stays Flights Cars Packages Things to do Cruises 1 room, 2 travelers Going to Check-in Check-out Add a flight Add a car Our app takes you further When you book on the app you can save even more up to 25% on select hotels while earning double the points with every booking. Don't Panic, Yet! In a statement, Expedia CEO Dara Khosrowshahi, said the move to buy HomeAway is a "logical next step" to its current relationship with the company as it moves to bulk up its alternative vacation . At the moment, HomeAway operates off a paid listing business model, with 44% of all transactions still being made offline. Bellevue, Wash-based Expedia announced the deal Wednesday, which. Expedia completed the deal with $1 billion is in cash and the remaining $2.9 billion is stock, paying a 19 percent premium on HomeAway's value at the time the deal was announced. It's a big deal partly because it validates. Expedia and HomeAway have announced that they have entered into a definitive agreement under which Expedia has agreed to acquire HomeAway, including all of its brands, for an equity value of approximately $3.9 billion in cash and Expedia common stock, representing a per share price for HomeAway shares of $38.31, based on Expedia's closing price on November 3, 2015. BELLEVUE, Wash. (KCBS) -- Expedia is buying vacation rental site HomeAway for $3.9 billion dollars. Approved unanimously by each company's board of directors, Expedia purchased outstanding common stock of HomeAway for approximately $3.9 billion. Expedia announced the purchase of HomeAway for $3.9B on Nov 4, 2015; the largest acquisition by the company to date and an almost 20% premium above HomeAway's share price. HomeAway's many purchases this year (including Seattle based Dwellable just last month), pale compared to Expedia's yearly activity which include massive purchases of Orbitz and Travelocity. Expedia has stepped up its push to become a one-stop hub for all things vacation and travel with its planned buyout of HomeAway, a vacation-rental company. The $3.9 billion deal, expected to close in the first quarter of 2016, was announced . Expedia (NASDAQ:EXPE) is buying leading vacation rental marketplace HomeAway (NASDAQ:AWAY) for $3.9B in cash and stock, or $38.31/share based on Expedia's Tuesday close. In a statement, Expedia CEO Dara Khosrowshahi, said the move to buy HomeAway is a "logical. Expedia on Wednesday said it would buy HomeAway, an Austin, Texas-based provider of alternative vacation rentals, for $3.9 billion in cash and stock. Expedia, the world's largest online travel agency (OTA), agreed to buy vacation rental site HomeAway for about USD $3.9 billion in cash and stock. So Expedia just shelled out $3.9 billion to acquire VRBO / HomeAway. While HomeAway has been busy dominating the vacation rental industry through acquisitions, Expedia has been doing the same in the wider digital travel sales. the company has an estimated $14 billion to $16 billion in vacation rental bookings* for 2015 and 1.2 million whole-home rentals in 190 countries. HomeAway has been acquired. Expedia buys HomeAway as industry consolidates Share this: Click to share on Facebook (Opens in new window) . Things have been getting worse for homeowners over the past few years since Homeaway bought VRBO and Vacationrentals, etc. HomeAway Inc. shares soared 25 percent after Expedia Inc. agreed to acquire the vacation-rental company for $3.9 billion, and investors speculated the bid may prompt a counteroffer from another . The $3.9 billion deal, expected to close in the first quarter of 2016, was announced The news came during the Q3 earnings call for HomeAway, which saw a 24.4 percent rise in the its bottom line: $23.5 million in Q3 earnings versus $18.9 million in the same . After years of speculation about whether it would be Expedia, TripAdvisor, the Priceline Group, or Google to purchase HomeAway, Expedia Inc. agreed to acquire the vacation rental giant for $3.9 billion in cash and stock. SAN FRANCISCO - Expedia is deepening its travel-company bench with a $3.9 billion purchase of vacation rental site HomeAway. Now, Bellevue-based Expedia is buying the vacation-rental company HomeAway. The deal is expected to close in Q1 2016. Last night, the online travel company announced the $3.9 billion cash-and-stock deal to buy HomeAway , a vacation rental service with more than 1 million paid listing and a focus on beach and ski . It announced on Wednesday that it has entered. But wait there's a twist in the plot of this story. Expedia buys HomeAway: After years of speculation about whether it would be Expedia, TripAdvisor, the Priceline Group, or Google to purchase HomeAway, Expedia Inc. agreed to acquire the vacation rental giant for $3.9 billion in cash and stock. Q25W-EVCK: HNN - Expedia buys HomeAway in sharing-economy . Loyalty Traveler Travels. When you book a vacation rental through Expedia, you have access to all kinds of short-term apartments to ensure you find your perfect match. According to several sources, including the Wall Street Journal, "Expedia Inc. agreed to pay $3.9 billion to buy vacation rental site HomeAway Inc., capping a string of increasingly expensive acquisitions and moving more directly . While Expedia now markets hotel rooms, overlapping little with Airbnb, analysts warn competition with the start-up could become fierce by 2018 The $3.9 billion deal, expected to close in the first quarter of 2016, was announced Wednesday and has been. While this is an attempt . Loyalty Traveler - California. The HomeAway board of directors instructed Mr. Sharples to counter Expedia's proposal at $39 per share and the meeting was then adjourned. HomeAway acquired VRBO in 2006, and Expedia Group acquired HomeAway in 2015. NEW YORK Expedia has stepped up its push to become a one-stop hub for all things vacation and travel with its planned buyout of HomeAway, a vacation-rental company. Expedia said Wednesday it's paying . Expedia Inc. said Wednesday it has agreed to buy HomeAway Inc. for $3.9 billion in cash and stock, adding a vacation rental site to its cache of brands. The offer is valued at about $37.86 a share based on Expedia's closing price on Wednesday. It's a big number but it might surprise you know that AirBnB is valued about six-times that but suffice it to say, the vacation rental space is booming. It believes HomeAway will earn about $350 million in 2018 before interest, taxes, depreciation and amortization, up from $119.3. Online travel-booking company, Expedia Inc. EXPE yet again bolstered its position in the travel market. . Expedia buys HomeAway for $3.9 billion Share this: Click to share on Facebook (Opens in new window) Click to share on Twitter (Opens in new window) . Whether you're in the mood for one of those cozy vacation rentals in Orlando, a spacious condo in Myrtle Beach or a cabin in Gatlinburg, there's a rental with your name on it. In 2016, they, HomeAway now Expedia, is set to introduce a traveler service fee of 6 percent. Travel booking site Expedia has agreed to buy publicly traded vacation rental company HomeAway for $3.9 billion, the companies announced today. If you are in the OTA space, at some point. Expedia to Buy HomeAway for $3.9B, Rises in After-Hours Zacks Equity Research November 5, 2015, 1:35 PM Online travel-booking company, Expedia Inc. EXPE yet again bolstered its position in. From the article. By Expedia! When HomeAway was bought by Expedia for $3.9 billion, the owners hoped to grow both of the businesses by putting them together and creating something even better, since both platforms could work simultaneously to help out those that use them, both online and in the backend sort of sense. If there were any doubts of this before this year, Expedia's acquisition of Travelocity, then Orbitz, and now HomeAway should put all doubts to rest. The. It is very bad for travelers, and for homeowners who've been advertising on VRBO/Homeaway. Despite minimal investment in the brand, VRBO sustained strong brand recall and affinity among its biggest fans for years. Updated: Nov 6, 2015, 12:06 IST SEATTLE First it was Travelocity, then Orbitz, now Expedia is buying the vacation rental site HomeAway. Re: Expedia bought VRBO. That represents an 18% premium over HomeAway's last closing price. Expedia Acquisition Brian Sharples, HomeAway CEO: "Separately, we're thrilled to [] Last month, the vacation-planning giant announced it would acquire HomeAway, the Airbnb competitor that lets users search for and book vacation rental properties around the world. Yeah B as in billion! Expedia to buy HomeAway for $3.9 billion in cash, stock. Expedia Buys HomeAway for $3.9B November 05, 2015. Expedia Inc on Wednesday said it agreed to buy vacation rental site HomeAway Inc for about $3.9 billion in cash and stock, in a move that could ramp up competition with apartment-sharing startup . The $3.9 billion deal an BUT now that Expedia has purchased everything that is . New approach under Expedia One of the biggest changes is the introduction of a traveler's fee also referred to as a "service fee." Travelers who book through the HomeAway checkout process are. I think it's total B.S., and in my not so humble opinion it represents further owner-unfriendly consolidation of the vacation rental industry as we know it. 64 helpful votes. This story is from November 6, 2015. You know what I think about it? Expedia buys vacation rental company in . If you're a vacation rental manager and you happen to live under a rock or without internet access, then you probably missed that Expedia agreed to buy HomeAway.. The $3.9 billion deal, expected to close in the first quarter of 2016, was announced By Jeffrey Dastin and Ankit Ajmera (Reuters) - Expedia Inc on Wednesday said it agreed to buy vacation rental site HomeAway Inc for about $3.9 billion in cash and stock, in a move that could ramp . 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