|By Marketwired .||
|June 10, 2014 07:00 AM EDT||
DUBLIN, IRELAND -- (Marketwired) -- 06/10/14 -- Dublin-based Homestay.com has secured US$3 million funding, led by the venture capital firm Delta Partners and supported by Enterprise Ireland, and has acquired Berlin-based entity HomestayBooking, the company announced today. The moves help expand and accelerate the global footprint of Homestay.com as the US$13 billion private accommodation marketplace continues to grow and begins to segment. The acquisition puts Homestay.com in a leadership role in the rapidly developing hosted lodging segment.
The funding and acquisition will allow Homestay.com to create a single destination online where guests and hosts looking to share experiences can find each other. As the market continues to segment and competition for lodging options grows, homeowners with rooms to rent are looking for a place where they can be more easily discovered, grow their community and stand out. Homestay.com offers hosts all of these opportunities.
The acquisition of HomestayBooking will make it even easier for guests to find the right homestay experience for their needs. HomestayBooking is one of a small number of private accommodation aggregators focused specifically on the host-is-present model. Launched in 2007, its global marketplace includes listings in more than 30 countries, 70,000 guest accounts and support for five languages.
The acquisition brings the total number of worldwide host listings on Homestay.com to more than 25,000. Already seeing 100% month-on-month increases before today's news, HomestayBooking's acquisition further doubles Homestay.com's booking volume rate growth.
Homestay.com, recently recognized by PhoCusWright as a travel innovator, expects to complete the technical integration of the listings within six months. Terms of the deal were not disclosed.
"With this acquisition and funding, Homestay.com is positioned to become the leading hosted travel experience marketplace on the Internet, and the homestay travel experience is officially on the radar of experiential travelers worldwide," said Alan Clarke, CEO of Homestay.com. "These developments will support the growth of new listings and the community building efforts that will help our hosts succeed, and our guests discover and share their incredible new hosted lodging experiences. The recent moves in the industry to consolidate and specialize their accommodation brands speaks to a more sophisticated traveler looking for a personalized, local experience that can't be met by the typical hotel -- even one with a good concierge. Homestay.com's hosts can offer that."
"I am excited by the new opportunities for our homestay hosts and guests to connect globally by being part of Homestay.com," said HomestayBooking founder Olaf Börner.
The funding will allow the development of new products and services targeting the growing community of travelers seeking host-is-present accommodation options, including additional language support, new applications, mobile device integration and other services that will help hosts better reach savvy travelers.
For travelers, the acquisition and funding means more choices, better accommodation options, more opportunity to create a truly personalized experience, and the opportunity to connect not only with great hosts, but other, like-minded travelers.
For hosts, the news means another step toward a unified marketplace for host-present accommodation listings. Homestays are an increasingly popular alternative lodging option for event planners as well, and Homestay.com offers tools and services to help hosts, property owners and event planners manage accommodation options.
Homestay.com's host-present lodging option enhances the travel experience through the hospitality and local knowledge of the host. 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, opening up new ways for property owners, aggregators and event managers to reach and serve potential guests.
Hostelworld.com co-founder Tom Kennedy and Debbie Flynn, director and founder of Irish Education Partners began development of Homestay.com in early 2012, and the company launched as a public beta in July 2013.
Homestay.com, named one of Europe's top three travel innovators by PhoCusWright, is a Dublin-based firm pioneering new ways to enjoy experiential accommodation choices through a "hosted travel experience" homestay model. Homestay.com is a limited company and has raised venture capital funding through Delta Partners Ltd. The company also provides the Homestay Manager software to Homestay agencies and host families worldwide. Homestay.com chairman is Paddy Holahan, the founder and CEO of Newbay. CEO is Alan Clarke, previously of PaddyPower.com.
Mark O'Toole or Todd Van Hoosear
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
Nov. 24, 2015 04:30 PM EST Reads: 279
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, explored the value of Kibana 4 for log analysis and provided a hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He examined three use cases: IT operations, business intelligence, and security and compliance. Asaf Yigal is co-founder and VP of Product at log analytics software company Logz.io. In the past, he was co-founder of social-trading platform Currensee, which...
Nov. 24, 2015 03:45 PM EST
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
Nov. 24, 2015 03:30 PM EST Reads: 457
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Nov. 24, 2015 03:30 PM EST Reads: 132
There are over 120 breakout sessions in all, with Keynotes, General Sessions, and Power Panels adding to three days of incredibly rich presentations and content. Join @ThingsExpo conference chair Roger Strukhoff (@IoT2040), June 7-9, 2016 in New York City, for three days of intense 'Internet of Things' discussion and focus, including Big Data's indespensable role in IoT, Smart Grids and Industrial Internet of Things, Wearables and Consumer IoT, as well as (new) IoT's use in Vertical Markets.
Nov. 24, 2015 03:30 PM EST Reads: 505
In today's enterprise, digital transformation represents organizational change even more so than technology change, as customer preferences and behavior drive end-to-end transformation across lines of business as well as IT. To capitalize on the ubiquitous disruption driving this transformation, companies must be able to innovate at an increasingly rapid pace. Traditional approaches for driving innovation are now woefully inadequate for keeping up with the breadth of disruption and change facin...
Nov. 24, 2015 03:00 PM EST Reads: 402
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at Built.io, examined how Docker has evolved into a highly effective tool for application del...
Nov. 24, 2015 03:00 PM EST Reads: 281
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
Nov. 24, 2015 02:15 PM EST Reads: 256
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data...
Nov. 24, 2015 02:00 PM EST Reads: 415
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Y...
Nov. 24, 2015 01:45 PM EST Reads: 404
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
Nov. 24, 2015 01:45 PM EST Reads: 332
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
Nov. 24, 2015 01:30 PM EST Reads: 485
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Nov. 24, 2015 01:30 PM EST
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty ...
Nov. 24, 2015 01:30 PM EST Reads: 479
We are rapidly moving to a brave new world of interconnected smart homes, cars, offices and factories known as the Internet of Things (IoT). Sensors and monitoring devices will touch every part of our lives. Let's take a closer look at the Internet of Things. The Internet of Things is a worldwide network of objects and devices connected to the Internet. They are electronics, sensors, software and more. These objects connect to the Internet and can be controlled remotely via apps and programs. ...
Nov. 24, 2015 01:15 PM EST Reads: 476