Trade Me buys holiday home site

TOM PULLAR-STRECKER
Last updated 09:47 13/12/2012

Relevant offers

Industries

Sephora NZ customers left in dark with undelivered orders and no customer service Workshop gives girls a taste of engineering career Auckland house prices stop rising in November, Barfoot & Thompson says Commerce Commission to take three firms to court over steel mesh Sky and Vodafone agree to delay merger decision Hellaby final takeover price up to $3.60 What NZ firms can learn from Deloitte Fast 50 companies Records fall as New Zealand's new vehicle sales accelerate Springload hosting first NZ Django Girls coding workshop NZ water parks after Dreamworld tragedy: Splash Planet busy, Waiwera plans upgrade

Trade Me has bought 15-year-old Richmond-based accommodation website Holidayhomes.co.nz, which provides a directory of about 3300 holiday homes and bachs for rent in New Zealand and the South Pacific.

Spokesman Paul Ford said the sale price was confidential but less than $2 million.

Chief executive Jon Macdonald said the site would complement Trade Me's existing portfolio of travel businesses which include Travelbug, BookIt and Holiday Houses.

Holiday Homes' Mark Greening, who founded the site with his partner in 1997, would stay on as general manager of the site, he said. "It's business as usual for existing Holiday Homes property owners,” Macdonald said.

Trade Me's main website suffered a brief outage this yesterday. About half its members were unable to access the site for 10 minutes.

Trade Me is owned by stuff.co.nz publisher Fairfax.

Ad Feedback

- BusinessDay.co.nz

Comments

Special offers

Featured Promotions

Sponsored Content