HomeAway's First Quarter Profit Narrows as Paid Booking Model Ramps Up
Skift Take
HomeAway's pay-per booking model is picking up steam, given the relatively large numbers of listings to date, but the vacation rental company is definitely in transition mode with lots of uncertainty about the outcome.
HomeAway saw its first quarter profits narrow to $4.44 million, from $5.29 million a year earlier, as it continued to roll out its new yet optional pay-per booking model for vacation rental owners and managers.
