As you know, we like to report on vacation rental scams that we come across because we believe the word needs to be spread. Scams are a huge problem for our industry. However, this time there is an unexpected twist.
Barefoot Technologies has chosen QTS (Quality Technology Services), one of the nation’s largest and fast-growing providers of data center facilities and managed services, to replace the company’s current collocation environment and provide a new cloud-based solution.
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Last week, HomeAway shares started trading on the Nasdaq Stock Market under the symbol AWAY. They sold 8 million shares at $27 apiece, and eventually the shares climbed $13.21 (49%) to $40.21. HomeAway were able to raise $216 million through the IPO.
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As you know, Barefoot considers vacation rental scams to be one of the biggest issues our industry is facing at the moment. Therefore, we have decided to highlight as many cases as we can to spread the word and make people more aware of this problem.
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As markets grow more mature it is typical for companies that have common ground to join forces. Royal Shell and Waterstone, both strong leaders in the Florida vacation rental industry have done just that. The purchase as you can read about in the article makes a lot of sense, and Barefoot expects to see other industry leaders doing similar projects, there are significant economic and marketing advantages. Barefoot Technologies focuses on those companies that want and are cutting edge with the most innovate rental software in the industry as well as consulting services to assist clients in getting to the next level.
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HGTV builds a dream home each year and in 2010 the house was built in Stowe, VT. It is truly a dream home with 3,400 square foot. The house is on Adirdondack great camps with wall-to-wall and floor-to-ceiling windows, overlooking Vermont’s highest peak, Mt. Manfield. Features include a gourmet kitchen with top-of-the-line appliances, and oversized outdoor hot tub, a fully equipped outdoor dining area, a deluxe dorm-style bunk room, and fine decorator furnishing.
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As you probably know by now, HomeAway is about to go public. They filed for an IPO in March and will join other web companies aiming to go public this year, such as Groupon and Zillow.
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Not too long ago we published an article talking about the money flowing into our industry. Now, Wimdu, an online vacation rental portal, has raised $90 millionfrom Germany-based Rocket Internet and Sweden-based Kinnevik to keep the company going as it is taking more listings and customers away from main competitor Airbnb.com and other sites, such as HomeAway.com and VRBO.com.
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The Founders of HomeAway, Brian Sharples and Carl Shepherd, talks about how they founded HomeAway.
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