as nasdaq expe s & p 500 component industry travel founded february 2005 ; 11 years ago 2005 02 founders brian sharples and carl shepherd headquarters austin texas u.s. key people brian sharples ceo carl shepherd cdo tom hale coo lynn atchison cfo mariano dima cmo jon gray cro jeff hurst cso lori knowlton cpo steve davis cio jeff mosler cso services vacation rentals website homeaway.com homeaway inc. is a vacation rental marketplace with more than 1 000 000 1 vacation rental listings in 190 countries 2 and has 1588 employees . 3 it has operated through 40 websites in 22 languages as of december 31 2014 . the company offers the most comprehensive selection of rentals 4 for families and groups to find accommodations such as cabins condos castles villas barns and farm houses . 5 founded in february 2005 and headquartered in austin the company became publicly traded company in 2011 . 6 on november 4 2015 expedia inc. announced its intention to buy homeaway . contents 1 history 2 business model 3 financing 4 references 5 external links history edit homeaway inc. was founded in 2004 as ceh holdings . 7 the company acquired several sites and consolidated them into a single vacation marketplace launching homeaway.com in june 2006 . 8 the acquisitions that homeaway has made include date acquisition location 2005 cyberrentals.com u.s. 2005 greatrentals.com u.s. 2005 a1vacations.com u.s. 2005 triphomes.com u.s. 2005 homeaway.co.uk united kingdom 2005 fewo direkt.de germany 2006 vrbo.com 9 u.s. 2007 abritel.fr 10 france 2007 vacationrentals.com 11 u.s. 2007 ownersdirect.co.uk 12 united kingdom 2009 homelidays.com 13 france 2010 bedandbreakfast.com 14 u.s. 2010 aluguetemporada.com.br 15 brazil 2010 instant software 16 us 2010 escapia 17 us 2011 realholidays.com.au 18 australia 2012 toprural.com 19 spain 2013 travelmob 20 singapore 2013 stayz australia 21 australia 2013 bookabach.co.nz 22 new zealand 2014 glad to have you inc. 23 u.s. homeaway moved into its new global headquarters in austin texas on october 2 2009 ; it was the first mixed use project and the second company in austin to achieve leed gold certification for commercial interior design . 24 on november 18 2009 us weekly magazine announced that homeaway would reunite actors chevy chase and beverly d angelo in a new short film and advertising campaign based on national lampoon s vacation a movie . the homeaway ad represents the company s first national advertising campaign that debuted during the cbs television network broadcast of super bowl xliv on february 7 2010 . 25 before going public in mid 2011 homeaway raised a total of 405 million in venture capital which was funded by venture capital firms austin ventures institutional venture partners redpoint ventures technology crossover ventures and trident capital . 26 currently homeaway s valuation is approximately 2.9 billion . 27 homeaway s ipo stock closed at 40.21 on nasdaq up 48.9 % from its ipo price of 27 . the stock price has since hovered around 35 . on 5 march 2014 the company announced that through an all cash transaction it acquired the u.s. mobile application glad to have you glad . 28 29 30 in 2015 homeaway invested 4.9 million 31 in canadastays to increase the number of canadian properties from less than 10 000 to more than 220 000 . 32 the partnership makes homeaway a minority stakeholder in canadastays who is the largest vacation rental site in canada and based in toronto . 33 in 2015 homeaway also invested 2 million 34 in the leading turkish vacation rental marketplace flat4day locally known as hemenkiralik to add 45 000 properties from the emea region . the partnership makes homeaway a minority shareholder in the istanbul based company who is the largest vacation rental network in emea . a summary of the company s financial information over the last four years year revenue percentage increase 2011 230.2 m 35 2012 280 .4 m 21.8 % 36 2013 346 .5 m 23.6 % 37 2014 446 .8 m 28.9 % 38 business model edit before homeaway introduced its new performance based business model in 2013 homeowners paid subscription fees which averaged out to be 442 annually to list their own property or display their vacation rentals on the company s sites . 3 to promote the vacation rentals property owners and managers purchase paid listings in advance as a form of advertising to potential travelers on more than one of its website typically for one year . paid listings appear in search results when travelers search for vacation rentals based on their search criteria . as of december 2012 paid listings accounted for 84.9 % of homeaway s revenue . 39 after the new alternative performance based system was launched homeowners now have two options a pay per booking model or the longtime subscription fee model . in the pay per booking model homeowners must now forgo a 10 % commission for each booking instead of an annual subscription fee . besides the commission guests are not charged for any booking fee . 40 this free listing option saw that the number of listings grew by 20 % from 500 000 to over 600 000 within 5 months of its introduction . 41 homeaway also introduced a professional referral network of 40 partner companies of whom include evolve vacation rental network southern california vacation rentals and no worries vacation rentals to work with vacation rental owners in managing their listings guest inquiries and reservations . this arrangement charges an average of 20 % per booking where partners and owners work together in handling guest related matters and owners continue to manage their own property . 42 financing edit homeaway announced in november 2006 its 160 million in financing to fund global expansion initiatives including the acquisition of vrbo.com vacation rentals by owner . 26 on november 11 2008 homeaway announced it had completed an additional 250 million equity capital raise . 43 the investment was led by technology crossover ventures tcv and with existing investors austin ventures institutional venture partners ivp and redpoint ventures . 44 in 2010 the wall street journal named homeaway one of the top 10 venture funded companies . 45 references edit homeaway inc. reports second quarter 2014 financial results . about homeaway . a b why this could be homeaway s breakout quarter . seeking alpha . retrieved 7 april 2015 . priceline could get bigger in vacation rentals by acquiring homeaway . homeaway.com listings for cabins condos castles villas barns and farmhouses . homeaway ipo prices at 27 share ; valued at 2.2 b . homeaway inc away details . retrieved jul 26 2013 . austin business journal . live the destination local company launches vacation rental web site austin business journal june 7 2006 . austin business journal . vacation rental site lands 160m buys competitor austin business journal november 13 2006 . austin business journal . homeaway buys french web site austin business journal january 22 2007 . austin business journal . homeaway continues buying spree austin business journal may 14 2007 . austin business journal . homeaway continues buying streak with uk based acquisition austin business journal october 2 2007 . austin business journal . homeaway picks up homelidays sas of paris austin business journal february 4 2009 . travel weekly . homeaway buys b & b website jerry limone march 3 2010 . techcrunch . homeaway expands to south america with purchase of brazilian counterpart robin wauters march 9 2010 . homeaway acquires largest vacation rental management software provider instant software inc. homeaway techcrunch . homeaway broadens presence in australia with acquisition of vacation rental site realholidays leena rao april 4 2011 . thenextweb . homeaway acquires spain s rural tourism site toprural in all cash deal the next web april 2 2012 . techcrunch . homeaway buys singapore startup travelmob to enter asia pacific victoria ho july 17 2013 . market watch . homeaway acquires australia s leading vacation rental group stayz december 4 2013 . company information . homeaway . retrieved 7 april 2015 . glad to have you inc. private company information businessweek . bloomberg . retrieved 7 april 2015 . austin business journal . homeaway hq nabs leed gold rating austin business journal april 15 2010 . us weekly . exclusive chevy chase beverly d angelo to reprise vacation roles us weekly november 18 2009 . a b nuttall chris . homeaway makes 250m vc round splash financialtimes.com november 11 2008 . rooms rentals & shareshomeaway ceo challenges airbnb to do initial public offering . skift . retrieved 8 april 2015 . homeaway buys glad to have you app . zacks . retrieved 7 april 2015 . homeaway raises the bar in vacation rental guest hospitality with its acquisition of mobile application glad to have you . homeaway . retrieved 7 april 2015 . homeaway acquires vacation rental management service glad to have you . vb . retrieved 7 april 2015 . the week in travel startup funding homeaway takes stake in canadastays . skift . retrieved 8 april 2015 . morning news airbnb adds 1 000 new cuba listings . cn traveler . retrieved 8 april 2015 . homeaway expands north american footprint with minority stake in canadastays . marketwatch . retrieved 8 april 2015 . homeaway inc. expands presence in middle east market with investment in turkey based flat4day homeaway . www.homeaway.com . retrieved 2016 09 08 . homeaway inc. reports fourth quarter and 2011 financial results financial report 2011 retrieved april 11 2015 homeaway inc. reports fourth quarter and full year 2012 financial results financial report 2012 retrieved april 11 2015 homeaway inc. reports fourth quarter and full year 2013 financial results financial report 2013 retrieved april 11 2015 homeaway inc. reports third quarter 2014 financial results financial report 2014 retrieved april 11 2015 homeaway inc. away.o company profile . reuters . retrieved 8 april 2015 . homeaway unveils performance based model to attract new customers and short season vacation rental inventory . homeaway . retrieved 7 april 2015 . how is airbnb different from homeaway and vrbo . quora . retrieved 20 april 2015 . homeaway launches its new performance based business model . skift . retrieved 7 april 2015 . some startups still lure investors businessweek.com . ante spencer . homeaway a find in online vacation rentals businessweek online november 11 2008 . debaise colleen and austin scott . sizing up promising young firms wall street journal march 9 2010 . external links edit official website retrieved from https en.wikipedia.org w index.php title homeaway & oldid 741494544 categories travel websitesvacation rentalcompanies listed on nasdaqexpedia inc.real estate services companies of the united statesonline marketplaces navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages nederlands edit links this page was last modified on 27 september 2016 at 21 17 . text is available under the creative commons attribution sharealike license ; 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