A few hours after HomeAway priced its IPO and became a public company, there’s more activity today in the vacation-rental and rent-a-room market: iStopOver acquired Vacapedia.
iStopOver, the Toronto-based accommodations provider which competes with AirBnb and others, acquired the assets and global inventory of Vacapedia in a cash and stock deal for an undisclosed sum.
Heaquartered in Campbell, Calif., Vacapedia will add some 65,000 rooms to iStopOver’s inventory, bringing the combined portfolio to some 80,000 properties in more than 16,000 cities around the world, according to iStopOver.
Read full story at: http://www.tnooz.com/2011/06/29/news/homeaway-executes-ipo-and-istopover-finds-room-to-acquire-vacapedia/
