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Massive consolidation: HostelWorld buys HostelBookers

04/12/2013| 12:25:02 PM| 中文

In a deal likely to send a shiver down the spine of budget accommodation websites across the globe, Web Reservations International has acquired HostelBookers.

In a deal likely to send a shiver down the spine of budget accommodation websites across the globe, Web Reservations International has acquired HostelBookers.

Terms of the deal have not been disclosed.

The acquisition is an all-paper deal and is expected to need regulatory approval before completion, WRI, owner of HostelWorld, says.

Read full story at: http://www.tnooz.com/2013/04/11/news/massive-consolidation-hostelworld-buys-hostelbookers/

TAGS: HostelWorld | acquisition | HostelBookers
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