Vacation rental marketplace HomeAway Inc. has expanded its distribution partnership with Interhome AG to add “tens of thousands” of new listings to HomeAway’s network via its pay-per-booking product.
Announced last month, pay-per-booking lets property owners and property managers pay 10 percent of the booking each time a home is booked, instead of an upfront subscription fee. The new model gives customers the opportunity to try out HomeAway’s sites before committing to an annual subscription, and gives short-season renters a low-cost way to cover their expenses or help pay their mortgage with a few bookings, HomeAway CEO Brian Sharples said.
The expanded partnership with Interhome “will add tens of thousands of online bookable vacation rentals to HomeAway in the coming months,” the companies said.
Interhome operates 15 regional subsidiaries that provide access to professionally managed vacation rentals worldwide, with listings concentrated in France, Italy, Spain and Switzerland.
The new Interhome listings will appear first on HomeAway’s U.S. sites HomeAway.com and VRBO.com, and European sites FeWo-direkt and HomeAway.co.uk.
Interhome’s properties will later become available on additional sites around the world, like Abritel.fr in France, as HomeAway rolls out its pay-per-booking functionality.
The deal is the largest distribution partnership enabled by HomeAway’s pay-per-booking product for property managers. Source: businesswire.com