Homestay.com, a Dublin, Ireland-based provider of an online booking platform for travel accommodation, secured US$3m in funding. It also has acquired Berlin-based company HomestayBooking.
The round was led by Delta Partners with participation from Enterprise Ireland.
The funding and acquisition (whose terms were not disclosed) will help Homestay.com expand and accelerate its global presence and create a single destination online where guests and hosts looking to share experiences can find each other.
Launched in 2007 by Olaf Börner, HomestayBooking is a private accommodation aggregator focused with a global marketplace including listings in more than 30 countries, 70,000 guest accounts and support for five languages.
Co-founded by Tom Kennedy and Debbie Flynn and led by Paddy Holahan, chairman, Alan Clarke, CEO, Homestay.com matches guests searching for accommodations with hosts who want to rent a room on a nightly, weekly or monthly basis. It also offers a platform for managing and creating one off host networks. The acquisition brings the total number of worldwide host listings on its platform to more than 25,000.
The funding will allow the development of new products and services targeting the community of travelers seeking accommodation options, including additional language support, new applications, mobile device integration and other services that will help hosts better reach savvy travelers.
FinSMEs
10/06/2014