HomeAway Buys Australia’s Stayz Vacation Rental Site

By | December 4, 2013

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HomeAway (AWAY) said Wednesday that it’s acquired Australia-based vacation rental site Stayz Group in an all-cash $198 million deal. The Austin-based online marketplace for vacation rental homes says buying the major Australian rental marketplace is expected to add 33,000 local vacation rental listings to HomeAway’s worldwide offerings. The acquisition bolsters HomeAway’s presence in the Asia-Pacific region. Stayz operates under a commission-based Scalper1 News

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