HomeAway, Inc. Expands Presence in Middle East Market with Investment in Turkey-based Flat4Day
Summary
HomeAway\xae led the round of fundraising with participation by Istanbul-based venture capital fund 212 Ltd. Flat4Day lists nearly 30,000 properties, the vast majority of which are entire homes in Turkey and other popular destinations such as Southern Europe. "We are thrilled to help travelers experience all that Turkey has to offer, from the Black Sea to the Mediterranean coast, while enjoying the space, privacy and comfort that only vacation rentals can provide. "The number of travelers visiting Turkey is growing twice as fast as hotel capacity in the country, and this investment will help us close the gap between supply and demand," says Flat4Day Managing Partner Rina Onur. You can instantly view and book out of thousands of available vacation homes in over 71 countries around the world, including Turkey, Spain, Italy, France, Portugal, England, Russia, Ukraine, Croatia, Greece, Poland, Czech Republic, Hungary, Netherlands, Malta, Germany, Austria, Morocco and UAE. Through HomeAway, owners and property managers offer an extensive selection of vacation homes that provide travelers with memorable experiences and benefits, including more room to relax and added privacy, for less than the cost of traditional hotel accommodations.