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HomeAway Expands Asia Pacific Presence With Acquisition Of Asian Vacation Rental Start-up, Travelmob

Stocks in this article: AWAY

“We are excited to join HomeAway as the vacation rental industry develops in Asia. We see an increasing trend of Asian travelers expressing a preference for authentic experiences and the quality and value afforded by our range of properties,” says Fuad. “Our focus at travelmob is to enable travelers to experience Asia like a local, staying at the cool places throughout this vast region. In our first year alone, our inventory has grown to more than 14,000 properties to support this growing demand.”

Since April 2011, HomeAway has steadily invested in its Asia Pacific presence beginning with the purchase of the holiday rental business from REA Group Limited and the subsequent launch of HomeAway.com.au. Last year, HomeAway made a minority investment in China-based vacation rental company, Tujia.com, in partnership with Ctrip.com International (NASDAQ: CTRP), the leading online travel service provider in China. The company also has distribution partnerships with Wego.com and Tripvillas.com. Most recently, HomeAway opened a sales office in Bangkok, Thailand in April of this year to serve the growing inventory of private villas offered to the public as vacation rentals.

2013 Earnings Conference Call & Webcast Information

The second quarter 2013 HomeAway earnings conference call will take place on Thursday, July 25, 2013 at 4:30 p.m. Eastern Time / 3:30 p.m. Central Time. To participate in the call, investors should join ten minutes prior to the scheduled start time. Callers in the United States and Canada should join by dialing (877) 407-0784, passcode 416920. Callers outside the United States and Canada should join by dialing (201) 689-8560, passcode 416920. In addition, a live webcast of the call will be accessible through the Investor Relations section of HomeAway's website at http://investors.homeaway.com and will be archived online for 60 days upon completion of the conference call.

About HomeAway

HomeAway, Inc. (NASDAQ:AWAY), based in Austin, Texas, is the world's leading online marketplace of vacation rentals, with sites representing over 742,000 paid listings of vacation rental homes in 171 countries. HomeAway ® offers an extensive selection of vacation homes that provide travelers with memorable experiences and benefits, especially more room to relax, for less than the cost of traditional hotel accommodations. The company also makes it easy for vacation rental owners and property managers to advertise their properties and manage bookings online. The HomeAway portfolio of websites includes HomeAway.com, VRBO.com and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es, Toprural.com in Spain; AlugueTemporada.com.br in Brazil; and HomeAway.com.au in Australia.

In addition, HomeAway operates BedandBreakfast.com, the most comprehensive global site for finding bed-and-breakfast properties, providing travelers with another source for unique lodging alternatives to chain hotels. For more information about HomeAway, please visit www.HomeAway.com.

About travelmob

travelmob is a growing social stay marketplace for vacation rental accommodations in Asia, whose vision is to enable travelers around the world to experience Asia like a local. Launched in 2012, travelmob provides a secure platform for property owners and managers in Asia Pacific to list unique accommodations and experiences, and host global travelers seeking to experience true local hospitality and culture.

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