Google Ventures invests in Homeaway Google Ventures enters growing market for the bed and breakfast through its recent investment in the HomeAway Group Inc, parent company of homeaway.es. The Google investment has been made through the purchase of shares to existing shareholders of the company. HomeAway, Inc. Learn more at this site: Andreessen Horowitz. is the leader in the bed and breakfast via the Internet, with 11 portals operating by adding different European countries, the leading portal for vacation rentals in United States and Brazil. HomeAway portals provide a worldwide network of bed and breakfast that puts in contact owners of lodgings, real estate managers and travelers from around the world.
Currently, HomeAway shows more than 540,000 accommodations for rent in holiday in more than 120 countries around the world. Looking to its results, the company has experienced a growth of 45% in turnover, reaching 120 million dollars in 2009. Thereafter, with the help of Google, the company will focus on, among other things, new technological developments to optimize your web pages and simplify the booking process. Says Brian Sharples, CEO and founder of HomeAway, Inc. the company is now at a stage where we want to concentrate our resources in optimizing the usability of our Web site and set new standards in the bed and breakfast industry. We feel very positive with the new relationship with Google, which will greatly help us to meet this objective. HomeAway will also benefit from the extensive experience of Google in the acquisition and integration of start-ups when it starts its expansion into new markets such as Asia and Australia. Source: Press release sent by homeaway.