HomeAway listings will be on Kayak.
HomeAway said Monday it has agreed to list the eighth month let listings on travel poke engine Kayak, a deal that will enlarge its exposure to millions of brand brand brand new customers.
By the finish of the year, about 200,000 HomeAway rentals will be listed on Kayak, a section of The Priceline Group and one of the many renouned transport poke sites.
Shares of HomeAway, that operates the transport industry’s largest network of eighth month let sites, rose 8.2% Monday to $30.36.
“This partnership creates it even simpler for the users to poke both hotels and eighth month rentals at once,” pronounced Kayak CEO Steve Hafner in a statement. “The further of these brand brand brand new listings equates to scarcely one million camp options will be searchable around Kayak.”
Kayak in all boundary its functions to referrals and listings, and reroutes consumers without delay to the suppliers’ sites for booking. With the easy-to-use pattern and extensive listings, Kayak has won fans over the years and has become one of the initial sites researched by eighth month planners.
Kayak has specialized in hotels, flights, car rentals and outing packages. But eighth month rentals, one of the fastest growing transport segments, have been largely absent for U.S. customers.
Christopher Merwin, an researcher at Barclays, wrote in an financier note Monday: “It shows Priceline has an augmenting turn of seductiveness in the eighth month let category. Priceline has already launched a standalone eighth month let site in Villas.com…that is especially focused on the skill physical education instructor register in the European market. HomeAway brings a some-more different set of listings to the table.”
HomeAway has grown in brand new years by multiform key acquisitions, together with a 2006 partnership with opposition VRBO.com. Based in Austin, HomeAway and the other vacation let sites — together with VacationRentals.com, Abritel.fr, Homelidays.com and Bedandbreakfast.com — have some-more than one million listings worldwide, the company claims.
The eighth month let attention has grown fast in brand new years as travelers have been increasingly peaceful to try brand brand brand new practice over resorts and hotels, and more genuine estate investors, spurred by low seductiveness rates, scout investment properties to rent out.
Vacation home sales grew 13% in 2013, according to the 2014 Investment and Vacation Home Buyers Survey by the National Association of Realtors. The median sales cost of a eighth month home rose 12.5% in 2013 to $168,000.