Expedia Buys HomeAway for $39 Billion
Just saw this article on the HomeAway acquisition that was announced today. What are your thoughts? How do you think this will affect vacation rentals?
https://www.linkedin.com/pulse/expedia-buys-homeaw...
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This is a good step in the right direction. Now hotels will have to give incentives for people to stay in a small 300sf room for $500 a night vs renting a house in the same area.
The negative is that it will drive rental prices even higher for homes in prime vacation areas. Well, thats only a negative if your a renter an not a owner.