HomeAway reaches 1M vacation rental listing milestone

Jun 26, 2014
Austin Business Journal

HomeAway Inc. said Wednesday that it has reached 1 million vacation rental listings

The Austin-based company said that in recognition of the milestone it is giving away $10,000 for a stay in a vacation rental in what the company calls its “Million ways to stay contest.” Travelers can enter by July 16 for a chance to win by “liking” HomeAway on Facebook

HomeAway, founded in early 2005, operates websites listing vacation home rentals. It employs about 1,542 workers, including 612 outside the United States

The company has been growing through a merger-and-acquisition strategy and attracting strong investor support. In March, HomeAway acquired Florida-based Glad to Have You Inc., the developer of mobile guest management software designed to enable users to manage and communicate with guests during their stay

In April, HomeAway reported a first-quarter profit of $4.1 million, or 5 cents per share, on revenue $105.7 million compared with a profit of $5.2 million, or 6 cents per share, on revenue of $79.4 million during the same period last year, according to a filing with the U.S. Securities and Exchange Commission

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