The pre-2008 real estate market is so far removed from reality now that the valuations appear as a strange dream. The only thing for an owner to do now is take a very long view and hope for a new bubble.
This Work Vacation Balance program for NextGreatPlace is a clever tack by the company to get some traction in the corporate world. And, with their own vacation planners, employees should be able to hook themselves with some nice vacations without the stress of doing all that travel planning on their own.
These picks, from a seashell-inspired beach home to a suspended tree house, are nestled in the crooks of nature, but offer many of the amenities found at a five-star hotel -- and the price tag too!
Accel Partners joins existing investors Balderton and Index to back what they see as a better alternative to Airbnb (and all of its clones) in the European market.
Vacation rental owners will get added muscle with the new ability to subscribe to one plan and list consistently across 15 of HomeAway's international sites. The normalizing of rate plans, though, will mean a financial hit for some VRBO advertisers.
HomeAway is making use of resources in its own backyard and furthering the ambitions of student travel-startups that could end up helping HomeAway's vacation rental business.
Many cities in the U.S. are looking for the best way to deal with the web-driven boom in short-term rentals and its negative impact on neighborhoods and local quality of life.
Flipkey will continue to try to differntiate itself through reliable user reviews and inbound traffic from TripAdvisor, but it will need to overcome its parent company's propensity to under-invest in its non-TA properties.