Saturday, November 7, 2015

Look out, Airbnb.
Expedia is already well known as a vacation-planning tool,
but now the brand is looking to get more involved in temporary home
rentals.
The website already hosts a "Hotels" tab, but recently bought Airbnb
competitor HomeAway for $3.9 billion.
Matched with Expedia's previous purchase
of Orbitz and Travelocity earlier this year, and it's safe to say the brand is
looking to expand in a big way.
In a press release, Expedia shares that
they've "long had its eyes on the fast-growing ~$100 billion alternative
accommodations space." The deal won't close until 2016, but the writing is on
the wall.
Watch your back, Airbnb. Erika Owen is the Audience Engagement
Editor at Travel + Leisure. Follow her on Twitter and Instagram at
@erikaraeowen.
Expedia expands its alternative accommodations business by
purchasing home-renting service HomeAway.
Read more here.

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