TripAdvisor Acquires Niumba.com

Acquisition Gives TripAdvisor World's Largest Collection of Spanish Vacation Rentals

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May 07, 2013, 08:00 ET

NEWTON, Mass., May 7, 2013 /PRNewswire/ -- TripAdvisor^®, Inc., today announced it has acquired Niumba.com, a leading vacation rentals website.

(Logo: http://photos.prnewswire.com/prnh/20080902/TRIPADVISORLOGO)

Niumba features more than 230,000 properties globally and brings to TripAdvisor the world's largest collection of Spanish vacation rentals with more than 120,000 properties in Spain.

"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 as an independent brand and website from its offices in Madrid. The company's listings will remain on Niumba.com and will soon additionally be featured on TripAdvisor and Holiday Lettings.

Terms of the acquisition will not be disclosed.

About TripAdvisor
TripAdvisor is the world's largest travel site*, enabling travelers to plan and have the perfect trip. TripAdvisor offers trusted advice from real travelers and a wide variety of travel choices and planning features with seamless links to booking tools. TripAdvisor branded sites make up the largest travel community in the world, with more than 200 million unique monthly visitors**, and over 100 million reviews and opinions. The sites operate in 30 countries worldwide, including China under daodao.com. TripAdvisor also includes TripAdvisor for Business, a dedicated division that provides the tourism industry access to millions of monthly TripAdvisor visitors.

TripAdvisor, Inc. (NASDAQ: TRIP) manages and operates websites under 20 other travel media brands: www.airfarewatchdog.com, www.bookingbuddy.com, www.cruisecritic.com, www.everytrail.com, www.familyvacationcritic.com, www.flipkey.com, www.holidaylettings.co.uk, www.holidaywatchdog.com, www.independenttraveler.com, www.jetsetter.com, www.onetime.com, www.seatguru.com, www.sniqueaway.com, www.smartertravel.com, www.tingo.com, www.travel-library.com, www.travelpod.com, www.virtualtourist.com, www.whereivebeen.com, and www.kuxun.cn.