7 May, 2013 - 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,” commented 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,” commented 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.
For further information contact Laurel Greatrix / firstname.lastname@example.org / +44 777 801 3639