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HomeAway announced in November 2006 its $160 million in financing to fund global expansion initiatives, including the acquisition of Vrbo.com (Vacation Rentals by Owner). [11] On November 11, 2008, HomeAway announced it had completed an additional $250 million equity capital raise. [48]
Vrbo (/ ˈ v ɜːr b oʊ / VER-boh [1]), an initialism of Vacation Rentals by Owner, is an online marketplace for vacation rentals. It is headquartered in Austin, Texas , and is owned by Expedia Group .
Sea Point (Afrikaans: Seepunt) is an affluent and densely populated suburb of Cape Town, situated in the Western Cape, between Signal Hill and the Atlantic Ocean, a few kilometres to the west of Cape Town's Central Business District (CBD).
CanadaStays was founded in Toronto in 2008 by Mark Bordo under the name CottageCountry, with the aim of creating a remote rental marketplace for owners looking to rent their properties in Canada. When the company was founded, many considered the rental market in rural Canada to be a cottage industry . [ 4 ]
Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
The contracts between Four Seasons and property owners typically permit the company to participate in the design of the property and run it with nearly total control over every aspect of the operation. [5] Four Seasons generally earns three percent of the gross income and about five percent of profits from the properties it operates. Property ...