HomeAway.com: Web Based Vacation Rental Property Listing Service

Vacation property rental firm Homeaway.com has raised $250 million in additional venture funding for a total of $405 million raised since it was launched in 2005 – all based on one simple idea: a web based vacation property rental listing service.

From the Associated Press:

“The company’s revenue comes from people who typically pay $299 a year to list a vacation property for rent… HomeAway’s sites, which include VacationRentals.com and GreatRentals.com, will end the year with about 325,000 paid listings, up from 257,000 last year.”

The HomeAway.com story is just another example of how good ideas – more often than not – appear obvious after they have survived the light of day – day after day, week after week, month after month…

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