Tag Archives: Airbnb

HomeAway Sees Profit Fall 85% After IPO

Popular Texas-based online vacation rental service HomeAway Incorporated has just released a statement saying that Q2 profits for the company fell 85% as HomeAway boosted spending to promote its services around the globe. Net income for the company fell to $2.2 million from the $14.9 million earned in the previous year. Sales, on the other hand, rose 41% to $58.7 million from $41.6 million. Continue reading

Posted in Apartment Rental, House Rental | Tagged , , , | Leave a comment