Accommodation metasearchers

Germany’s HomeToGo buys struggling US rival Tripping.com

German-based holiday home metasearch company Hometogo has acquired its largest US competitor Tripping.com to continue its recent wave of acquisitions.

December 10, 2018
Patrick Andrae is CEO and Co-founder of HomeToGo
Photo: HomeToGo

The Berlin-based company did not disclose any price for Tripping.com but said it had completed another financing round that took its total funding to $150 million to date. Despite its recent acquisitions, including Casamundo, the company has more than doubled its already high cash reserves with its latest round of funding.

The acquisition makes HomeToGo, which already claims to be the world’s biggest meta-search provider for holiday homes, into a leading player in the US market. It plans to retain Tripping.com as an operating brand alongside several others. The US firm had fallen into financial difficulties this year and had reportedly already been overtaken by the German company in its home market.

Patrick Andrae, CEO and Co-founder of HomeToGo said: "I'm particularly proud that HomeToGo acquired our strongest competitor Tripping.com just three years after entering the US market. After all, it's not every day that a technology company from Europe takes over an established American company."

HomeToGo, founded in 2014, searches 300 different websites with a total of 15 million offers, including major accommodation providers such as Booking.com, the HomeAway group, TripAdvisor, e-domizil and TUI Villas. The company, with more than 150 employees, now operates local sites in 13 European countries, the USA, Australia, Brazil, Mexico, Russia, Japan and Hong Kong.

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