The 13-year-old company is listed on the Australian Securities Exchange, has offices in nine countries and counts,,, Asia Web Direct,, and among its businesses. The deal works out at A$3.30 (US$3.09) per share, which is around a 30 percent premium on the valuation of the company based on last week’s trading. The Wotif Group handled 3.2 million rooms during the second half of 2013 and counts over 29,000 hotels across its sites. Though it recorded A$593 million (US$544 million) in total bookings and made A$76 million (US$71 million) in revenue during the second half of 2013, it has struggled with increased competition and a strong Australia dollar. The group’s share price is down 42 percent over the past 12 months. Get the full story at The Next Web and Reuters Read also "Hotels concerned over Wotif takeover" Hotel Management Australia