27 posts and columns on HomeAway
HomeAway, the Austin-based vacation-rental company that operates VRBO.com and HomeAway.com, said today that it had acquired Australia’s Stayz Group for $198 million in cash. Stayz operates under a pay-per-booking model similar to the one that HomeAway announced in October it was testing on its namesake site.
News ByteHomeAway, 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.
News ByteTop Rural S.L., which offers vacation rentals in France, Spain, Italy and Portugal. Terms of the deal were not disclosed, except that it was an all-cash transaction. HomeAway will provide more details during its first-quarter earnings report on April 24. UPDATE: In a filing, the company said it paid 14 million euros, or roughly $18.7 million in cash.