TripAdvisor acquires VirtualTourist.com and OneTime.com

TripAdvisor LLC has acquired user-generated travel content site VirtualTourist.com, Inc. and travel booking comparison site OneTime.com.

Published: 02 Jul 2008

TripAdvisor LLC has acquired user-generated travel content site VirtualTourist.com, Inc. and travel booking comparison site OneTime.com.

Specific terms of the transaction were not disclosed.

Including VirtualTourist and OneTime, the TripAdvisor Media Network now attracts nearly 32 million unique monthly visitors.

"VirtualTourist pioneered the concept of an online travel community, and with the help of over a million enthusiastic members, has created a fantastic travel site," said Steve Kaufer, founder and CEO of TripAdvisor.

With the addition of VirtualTourist and OneTime, TripAdvisor Media Network is now the undisputed leader in the travel media space, said J.R. Johnson, founder and chairman of VirtualTourist and OneTime.

VirtualTourist and OneTime, both based in Manhattan Beach, Calif., generate revenue through online advertising and both operate profitably. There are no plans for integration of the businesses or the web domains.

VirtualTourist General Manager Giampiero Ambrosi and OneTime General Manager Dena Yahya will continue to run the businesses, respectively, reporting to Steve Kaufer. The employees of VirtualTourist and OneTime will remain based in Manhattan Beach.

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