Scalper1 News
Expedia (EXPE) completed its acquisition of alternative lodgings company HomeAway (AWAY) on Tuesday, paving the way for more competition with Airbnb. The purchase comes as the lodging industry is evolving, with Airbnb creating what analysts say is a new market from untapped traveler demand and unused inventory. Investors have valued privately held Airbnb upward of $25 billion, though mutual funds have been criticized for the methods used to value Scalper1 News
Scalper1 News