HomeAway President: How We're Competing With Airbnb

The video discusses the competitive landscape of the vacation rental market, focusing on the rivalry with Airbnb. It highlights the growth opportunities in the market and the unique value proposition of whole home properties. The strategy for acquiring new properties emphasizes meeting market demand and catering to families. The video also addresses the challenges of instant booking, especially for luxury properties, and underscores the importance of user focus in maintaining competitiveness. Finally, it touches on potential regulatory risks and the importance of not speculating on unconfirmed policies.

What is the company's main focus in the competitive vacation rental market?

• Reducing operational costs

• Leveraging unique inventory to meet market demand

• Expanding into new geographical markets

• Competing directly with Airbnb

How does the company plan to acquire new properties?

• By reducing property management fees

• By ensuring the right inventory for the target audience

• By partnering with local real estate agents

• By offering higher commissions to property owners

Why might some properties not be suitable for instant booking?

• They are too expensive

• They are not listed on the main website

• They require additional communication between owner and traveler

• They are located in remote areas

What is a key factor in maintaining competitiveness in the travel industry?

• Offering the lowest prices

• Focusing on user experience

• Expanding into new business areas

• Reducing marketing expenses

What is the company's stance on potential regulatory changes?

• They are actively lobbying against regulations

• They are seeking exemptions from regulations

• They are not speculating on potential changes

• They are preparing for significant regulatory shifts