Consumer Launch

FOR RELEASE
June 06,2006

FOR INFORMATION
Eileen Buesing, 512-493-0375

Travelers Find Perfect Vacation Homes Through New Global Web Site – HomeAway.com Site Lists More Than 60,000 Properties Across 90 Countries

Austin, TX, June 6, 2006 – HomeAway,Inc. today announced the launch of HomeAway.com, the world's most complete, user-friendly vacation rental homes Web site, signaling the next evolution of online travel.

Designed to take the frustration out of searching many, often regional, Web sites for a vacation rental home, HomeAway.com consolidates five leading industry sites into the new and easy-to-use HomeAway marketplace.

"HomeAway fuses the historically fragmented vacation rental industry," says Brian Sharples, CEO and president of HomeAway, Inc. "Over the last two years, we acquired several leading vacation rental sites around the world and invested in the best technology to integrate all the properties into one site that attracts millions of travelers each year."

The result is HomeAway.com, where travelers can finally visit one place to search more than 60,000 homes across 90 countries to find a barn, bungalow, cabin, castle, chalet, chateau, condo, cottage, house, houseboat, mansion, villa or yurt perfect for their vacation or special event.

HomeAway.com enhances the online travel experience with complete and organized information that includes photos, detailed property descriptions, pricing, and booking information. In addition to searching for properties by location and the number of bedrooms, users may also search by activities such as "winter sports," or "beach" amenities including "swimming pool," or "Internet access," and suitability, which sorts homes convenient for children, pets and the elderly.

"The recent boom in vacation home sales means the supply of and the interest in quality properties has never been greater," says Sharples. "Many travelers, especially families and groups, are choosing vacation rental homes as a more attractive and affordable option to staying in a hotel."

Vacation rental homes offer space, amenities, privacy and convenience that hotels can't match. According to a recent HomeAway survey, the top four reasons travelers choose a vacation home are privacy, amenities including fully-equipped kitchens, more space and price. Weekly rates on HomeAway.com range from $200 for a rustic cabin in North Carolina to $45,000 for a lavish estate in Jamaica.

For a $299 annual fee, HomeAway.com offers homeowners and managers the most economical and efficient marketing channel, currently serving 25 million travelers a year. In fact, HomeAway anticipates more than 100,000 properties listed on the site by the end of 2006.

About HomeAway.com:
HomeAway.com is the world's most complete vacation rental marketplace, offering the easiest way to find vacation properties online. With real-time calendars and multiple photos, HomeAway connects travelers with the perfect rental, from condos to castles and bungalows to villas. More owners and managers list their properties directly with HomeAway than any vacation rental site in the world, resulting in listings in more than 90 countries across six continents. HomeAway gives vacationers privacy, space and prices unmatched by hotels. Live the destination.

About HomeAway, Inc.:
HomeAway, Inc., formerly WVR Group, Inc., is a global network of vacation rental sites which includes CyberRentals.com, A1Vacations.com, GreatRentals.com, Holiday-Rentals.co.uk (UK), HolidayRentals.fr (France), Fewo-Direkt.de (Germany), TripHomes.com and the U.S. flagship site, HomeAway.com.

Led by an experienced team of online and travel industry experts, HomeAway is based in Austin, Texas and funded by leading venture capital firms, Austin Ventures and Redpoint Ventures.

Contact:
Eileen Buesing
HomeAway.com
512-493-0375
ebuesing@homeaway.com