Professional Documents
Culture Documents
• HomeAway is one of the world’s leading • Founded in 1995, VRBO – or Vacation • TripAdvisor is an online travel
vacation rental marketplaces, Airbnb’s number Rentals By Owners – is a veteran of site used by 490 million
one competitor. the vacation rental industry. monthly
• It boasts more than 3 million listings in 190 • The Airbnb competitor is now a part of travelers, offering short-term
countries worldwide. the HomeAway family specializes in rentals among other types of
• The main difference between HomeAway and unique accommodations from beach accommodation and many
Airbnb is that HomeAway primarily offers houses to condos and cabins. other services.
private accommodations where guests can • VRBO has less than half the listings • TripAdvisor charges vacation
count on having the entire place to themselves that Airbnb (around 2 million). But, rental owners a 3% fee per
instead of sharing a space with others. like HomeAway, VRBO offers a wider booking, which makes it one of
• Differences : HomeAway offers two options for range of high-end rentals. the most cost-effective Airbnb
vacation rental owners : they can either choose • Similarly, to its parent company, VRBO competitors.
to pay an annual subscription fee starting from also offers owners a pay-per-booking
$499 or a commission of at least 8% per option (8%) and an annual
booking. Airbnb requires no up-front payment subscription option ($499 flat fee paid
and charges between 3-5% commission, up front).
depending on the cancellation policy.
COMPETITOR ANALYSIS