HomeAway Enables Rentals to Be Placed Online With Credit Cards

HomeAway, the publicly held company that manages vacation rentals sites, including VRBO.com, is now enabling homeowners to accept payments with a credit card. Once a traveler books accommodations, the two parties have 24 hours to work out the details. The company said online bookings will allow it to transition to a pay-per-booking model, where homeowners can list their property for free and pay a commission at the time of booking, rather than paying an upfront fee.