VROA Blog

Expedia to buy Homeaway

By Ronald Lee
Published: 11/05/15 Topics: Advertising, AirBnB, Vacation Rentals Comments: -

There’s always a bigger fish. Serial purchaser Homeaway has itself been acquired by Seattle based Expedia. And the price paid for the vacation rental giant? $3.9 billion. The deal is the sign of the times for digital travel sales, which has experienced massive M&A activity, like much of the economy this year.

While Homeaway has been busy dominating the vacation rental industry through acquisitions, Expedia has been doing the same in the wider digital travel sales. Homeaway’s many purchases this year (including Seattle based Dwellable just last month), pale compared to Expedia’s yearly activity which include massive purchases of Orbitz and Travelocity. Previously Expedia had focused on hotels, and so the addition of Homeaway to it’s portfolio presents some interesting changes.

Just what is Expedia’s plan with Homeaway? Expedia’s CFO said Homeaway would remain relatively autonomous, with it’s headquarters based in Austin. The main gain for Expedia appears to be hedging. Airbnb is one of the biggest travel competitor left to face Expedia, and of course, focuses on short term vacation rental stays. Expedia’s purchase of Homeway is a smart move to counter Airbnb’s growing share of the market.

The sharing economy is an attractive market compared to the business of connecting hotel users to hotels. Virtually any home in the world can become a rental property for Airbnb and Homeaway, and Expedia is diversifying to protect against pressure on the hotel industry. Plus, individual home owners are a more attractive partner than big hotel changes. Home owners have very little leverage or sophistication in the business, and generally take what portals like Homeaway and Airbnb offer them. However, distribution might become easier with the Expedia and Homeaway merger.

What can customers look forward to? Integrated booking might be a long shot, but this merger could give customers the ability to directly compare hotel and vacation rental accommodations. This doesn’t appear to be the play the companies are making, but we’ll have to wait and see.

Ronald Lee – Reporter
Vacation Rental Association
11/05/15

How Much Vacation Rental Insurance Do You Need?

By April Klazema
Published: 09/01/15 Topics: Insurance, Property Management, Vacation Rentals Comments: -

When you are looking to buy vacation rental insurance coverage for the first time, you will likely have a laundry list of different questions that you want answered. Here are the answers. Read more

Special Insurance for My Condo or Vacation Home?

By April Klazema
Published: 07/01/15 Topics: Insurance, Property Management, Vacation Rentals Comments: -

If the purpose of the vacation home is for personal use only, then a homeowner's insurance policy will be sufficient to cover the property. But if you rent your home to guests on a nightly, or week basis that insurance is insufficient. Read more

The Vacation Rental Property Insurance Difference

By April Klazema
Published: 06/01/15 Topics: Insurance, Property Management, Vacation Rentals Comments: -

Most insurance companies will offer a specific vacation rental insurance policy that you can purchase to protect your rental properties. A vacation rental property may look like a home, but in the eyes of an insurance company, it's a business. Read more

Outdoors-For-All, the Heros Among Us

By William May
Published: 06/09/14 Topics: Comments: -

Donate your home to charities for their use and fundraising and post your generosity on VacationRentalAgents.com. See how the Ski-For-All Foundation gave property owners the great satisfaction of helping disabled kids and adults to ski. Read more

Vacation Rental Huts on Wheels

By William May
Published: 10/15/12 Topics: Comments: -

How about a vacation rental on wheels, and no its not a mobile home Not exactly. Tom Kundig is an architect who had an interesting problem and more interesting solution. They're called Rolling Huts. You'll want to know more. Read more

Vacation Rentals Enhance the Neighborhood

By William May
Published: 08/15/12 Topics: Comments: -

Going to a grand hotel for grand service will never go away. Stopping for a quick night at a convenient motel makes long trips easier. And now Vacation Rentals allow property owners to share their homes with responsible guests. It lights up the neighborhood, keeps home in good condition and shows the communities hospitality. Read more

Tourism Destinations are Killing Tourists

By William May
Published: 06/01/12 Topics: Comments: -

Tourism is a clean, responsible industry that brings in visitors anxious to shop, attend events, tour attractions, rent lodging, and pay the taxes that go with them. So why do local government officials kill vacation rentals and turn away the easy spending guests who want them? Read more

Glorious Days on Washington State Beaches

By William May
Published: 05/15/12 Topics: Comments: -

It is time to plan your summer at the beach? Vacation Rental managers are not yet sold out but will be soon. To get your choice place get off the couch and make that call today. Read more

Jonathan's Personal Rental Story

By Jonathan Mcintyre
Published: 08/01/11 Topics: Comments: -

Read more

Vacationers Demand Whistles and Bells

By Thelma Coffone
Published: 04/01/11 Topics: Comments: -

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March, April & May best months to visit old & green land of Umbria

By Giuseppe Nuzzaci
Published: 02/02/11 Topics: Comments: -

The Umbria region is located exactly in the middle of Italy . And it’s the best charming headquarters to stay and to discover all the central Italy regions: from the now commercial Tuscany to the most wild and real Umbria, Le Marche and Lazio. From Florence to Perugia, From Siena to the medieval Gubbio, from Pisa to the Spiritual and lovely Assisi, from Rome to Cortona, from Spello to Ancona or to the see of the funny Emila Romagna region with the towns of Riccione and Rimini. Read more

Vacation Road Trips Start at the Dentist

By Gail Adair
Published: 04/01/10 Topics: Comments: -

Operating a vacation rental business can be fun and profitable but it also an opportunity to do some good in the world. Now property owners and managers can do that by participating in a public program that offe Read more

Become a Vacation Rental Angel

By William May
Published: 03/01/10 Topics: Comments: -

Operating a vacation rental business can be fun and profitable but it also an opportunity to do some good in the world. Now property owners and managers can do that by participating in a public program that offe Read more

How Vacation Rental Listing Websites Get It Wrong

By William May
Published: 01/01/10 Topics: Comments: -

Vacation Rental Advertising just keeps getting more and more complicated as new listing websites appear almost every day. VRIA is now tracking approximately 785 Vacation Rental Websites. I say approximately because the number changes so often. Some sites, presumably when they have insufficient reven Read more

Chief Joseph Welcomes Everyone

By William May
Published: 12/17/09 Topics: Comments: -

Can I invite you to the most unique and remote mountain lodges in Washington State? It is called Chief Joseph Lodge and sits dead center in the middle of the state and five miles up from the summit of Blewett Pass highway. Click here to take a look. www.ChiefJosephLodge.com. There are photos, vid Read more

Complaints, Compliments and Compassion

By William May
Published: 11/19/09 Topics: Comments: -

For a number of years our company has been donating vacation rental use to a wonderful group called OutdoorsForAll.org (Formerly SkiForAll.org). Their mission is to enrich the quality of life for children and adults with di Read more

Everything Robert Fulgham Learned in Kindergarten

By William May
Published: 11/01/09 Topics: Comments: -

I stumbled onto an Internet posting the other day that told me it has been twenty years since Robert Fulgham wrote "Everything I Really Need to Know I Learned in Kindergarten". Read more

Remembering the "Thank You" Game

By William May
Published: 09/01/09 Topics: Comments: -

Surprises are great. And thank you's are best. In an industry like property management that requires attention to detail, constant supervision and reconciliation of occasionally conflicting goals between guests and owners it is too easy to forget the little personal things that make life worth liv Read more

World's First Vacation Rental Multiple Listing Service (MLS)

By William May
Published: 03/18/09 Topics: Comments: -

The every increasing cost of advertising on the mammoth impersonal vacation rental listing websites has spawned innovation. On April 6th, the Vacation Rental Industry Association, with the help of Plumbob Publishing is unveiling the first every Multiple Listing Service (MLS) for Vacation Rentals. T Read more

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