TripAdvisor has announced the acquisition of the vacation rentals portal Niumba.com, a site with over 230,000 properties for rent around the globe, 120,000 of them in Spain, which is where it is based.
“This acquisition underscores our continued commitment to growing TripAdvisor Vacation Rentals,” said 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,” said 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 from its offices in Madrid, the capital of Spain. TripAdvisor says Niumba will continue to operate as an independent brand and portal.
The listings on Niumba will soon be syndicated to TripAdvisor as well as Holiday Lettings, said the company.
Terms of the acquisition have not been disclosed.
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