Correct. I've used HomeAway for two vacations. Their focus has always been the traditional vacation home owner. 99% of their listings are an aggregate of other

Correct. I've used HomeAway for two vacations. Their focus has always been the traditional vacation home owner. 99% of their listings are an aggregate of other perfessionally managed 7-day stay rental homes. Completely different business model, technology, culture, market, etc. HomeAway CEO Brian Sharples has remarked multiple times they see little to no overlap in their customers & listings. See his answer about half way down this 2011 WSJ article: http://blogs.wsj.com/venturecapital/2011/10/13/homeaways-ceo-talks-ipos-airbnbs-valuation/ http://blogs.wsj.com/venturecapital/2011/10/13/homeaways-ceo...