HomeAway Offers New Reservation System

With Online Payments, Booking a Vacation Rental is Easier, More Convenient & Secure 

 
AUSTIN, TX, February 17, 2009 — HomeAway, Inc. the world’s leading vacation rental marketplace, today launched the HomeAway Reservation Management System, enabling travelers to enjoy the same security as booking a hotel room, while benefiting from the additional space, privacy and amenities that only vacation rentals offer.

The service provides second home owners a one-stop solution to manage their bookings, while automatically registering travelers who book through these owners on HomeAway.com the protection of the HomeAway Rental Guarantee.

The long-underestimated vacation rental industry has become more than a niche, with leisure travelers driving the growth of the $24.3 billion market, according to PhoCusWright’s Vacation Rental Marketplace: Poised for Change study. The same study found HomeAway.com and its sister sites, VRBO.com and VacationRentals.com, are the most-trusted and visited sites and yield more online booking inquiries and revenue.

With the growing interest in vacation rental homes, the new Reservation Management System provides second home owners who list on HomeAway.com a centralized calendar, reservation and payment system. More specifically, it lets owners customize payment schedules, invoices, securely collect rental fees, manage customer transactions and instantly deposit payments.

“Given the economy, more and more second home owners are turning to HomeAway to rent their homes for extra income,” says Justin Halloran, vice president of HomeAway®. “The HomeAway Reservation Management System gives owners the tools to manage their business professionally with a customizable and easy-to-use service and serve their guest with the same professionalism and efficiency as booking a hotel.”

To easily identify owners accepting PayPal or credit card payments on HomeAway.com, travelers should look for the “Accepts Online Payments” icon on property listings, or use the “sort by” tool to display only the properties that are part of the program. Travelers who pay online are automatically registered for the free HomeAway Rental Guarantee that provides up to $5,000 of payment protection.


Please Note:  The HomeAway guarantee program has been modified.  For more information about current options for travelers see
Carefree Rental Guarantee from HomeAway


For information contact:

Eileen Buesing
Director of Global Public Relations
HomeAway, Inc.
Office- 512-493-0375
ebuesing@homeaway.com