Skift Take
HomeAway's transition to offering a pay-per-booking model, with some parallels to but not a carbon copy of Airbnb's, may be more difficult than HomeAway and investors expect.
HomeAway's stock price fell nearly 6% and closed at $31.62 on July 10 after a financial analyst wrote that investors' expectations about the vacation rental company's new pay-per-booking model may be too hyped up.
HomeAway has traditionally generated the vast majority of its revenue by charging vacation rental owners and professional managers subscriptions to list their properties on HomeAway's sites, but is in the process this quarter of giving them an alternative -- to list for fr
