HomeAway Buys Out the One-Third of Travelmob That It Didn’t Already Own
Photo Credit: Travelmob, a short-term rental site based in Singapore, will be rebranded as HomeAway Asia. Travelmob
Skift Take
With the relatively smallish Travelmob transaction, HomeAway is doubling down on its existing investments in Asia-Pacific.
HomeAway already had a controlling 68.5 percent stake in Singapore-based Travelmob, acquired in 2013 for $11.5 million, and today revealed that it will rebrand the site as "HomeAway Asia" and acquired the 31.5 percent of shares that it didn't already own.
