Industry NewsTechnology

Vacation rental website operator boosts listings by 22%

HomeAway reports $61M Q3 revenue
Published on Oct 28, 2011

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by CareyBot

Global vacation rental website operator HomeAway Inc. reports it boosted third-quarter revenue by nearly 37 percent from a year ago to $61.1 million. The Austin, Texas-based company said paid listings grew 22 percent from a year ago, to 626,528.

The company launched "pay-for-performance" pricing on HomeAway.com, enabling customers to pay more to rank higher in search results. The tiered pricing is expected to boost average revenue per listing, which was up 6.7 percent from a year ago to $335.

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