HomeAway prepares for Public Stock Offering

Austin, TX firm files with SEC
There's lots of really interesting stuff going on in the Vacation Rental Management industry these days! Just in case you missed it, HomeAway, Inc., owner of about 31 travel-related booking websites, including VRBO, recently completed acquisition of software industry giant Instant Software. In a considerably smaller transaction, they also bought Escapia, Inc. But there’s more. On Friday, March 11, 2011, HomeAway announced that they have filed with the Security and Exchange Commission for approval to conduct an IPO: they’re going public.

There’s been lots of speculation about what HomeAway’s recent actions might mean for the future of the Vacation Rental Industry. The forms which they have filed with the SEC give us perhaps the most definitive look yet at what their intentions might be. VRM has prepared a brief report on the subject, based on an analysis of the S-1 itself. We think it’s an interesting fifteen minute read, and that it might give our clients some needed perspective on the subject.
Spend a few minutes with it (HomeAway™ Files S-1 with SEC). You’ll come away with a better understanding of how we might begin to discuss the changes that are coming.