TripAdvisor Acquires Niumba.com
Acquisition Gives TripAdvisor World's Largest Collection of Spanish Vacation
NEWTON, Mass., May 7, 2013
NEWTON, Mass., May 7, 2013 /PRNewswire/ -- TripAdvisor^®, Inc., today
announced it has acquired Niumba.com, a leading vacation rentals website.
Niumba features more than 230,000 properties globally and brings to
TripAdvisor the world's largest collection of Spanish vacation rentals with
more than 120,000 properties in Spain.
"This acquisition underscores our continued commitment to growing TripAdvisor
Vacation Rentals," said Dermot Halpin, president, TripAdvisor Vacation
Rentals. "We're delighted to bring Niumba on board; its strong brand,
talented team, and impressive collection of vacation rental properties make it
an excellent addition to TripAdvisor."
"We're very proud of what we've created at Niumba," said María José
González-Barros. "Joining TripAdvisor is the right next step for us and we
look forward to the continued growth and success this will bring."
Niumba will continue to operate as an independent brand and website from its
offices in Madrid. The company's listings will remain on Niumba.com and will
soon additionally be featured on TripAdvisor and Holiday Lettings.
Terms of the acquisition will not be disclosed.
TripAdvisor is the world's largest travel site*, enabling travelers to plan
and have the perfect trip. TripAdvisor offers trusted advice from real
travelers and a wide variety of travel choices and planning features with
seamless links to booking tools. TripAdvisor branded sites make up the largest
travel community in the world, with more than 200 million unique monthly
visitors**, and over 100 million reviews and opinions. The sites operate in 30
countries worldwide, includingChina underdaodao.com. TripAdvisor also
includes TripAdvisor for Business, a dedicated division that provides the
tourism industry access to millions of monthly TripAdvisor visitors.
TripAdvisor, Inc. (NASDAQ: TRIP) manages and operates websites under 20 other
travel media brands: www.airfarewatchdog.com, www.bookingbuddy.com,
www.cruisecritic.com, www.everytrail.com, www.familyvacationcritic.com,
www.flipkey.com, www.holidaylettings.co.uk, www.holidaywatchdog.com,
www.onetime.com,www.seatguru.com, www.sniqueaway.com, www.smartertravel.com,
www.tingo.com, www.travel-library.com, www.travelpod.com,
www.virtualtourist.com, www.whereivebeen.com, and www.kuxun.cn.
*Source: comScore Media Metrix for TripAdvisor Sites, worldwide, January 2013
**Source: Google Analytics, worldwide data, March 2013
©2013 TripAdvisor, Inc. All rights reserved.
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