Dallas, Texas 11/18/2013 (Financialstrend) – In Friday’s trading session, HomeAway, Inc (NASDAQ:AWAY) rose by 6.43%. The shares opened at a price of $36.34, which touched the intraday high of $39.22 and headed to a close of $38.25. Around 5.50 million exchanged hands over the trading day and an average volume of 1.51 million shares were traded over a 30 day period. The 52-week low of HomeAway, Inc (NASDAQ:AWAY) shares is $19.58 and its 52-week high is $39.22. The company has a market capitalization of $3.28 billion.
About the company
HomeAway, Inc (NASDAQ:AWAY) was formed on 6 April 2004. It is an online-marketplace for the vacation-rental industry. As of 31st December 2012, it Company operated its online-marketplace via 44 different websites in 13-languages. In the year 31st December 2012, HomeAway, Inc (NASDAQ:AWAY) had more than 600M Website visits. As of 31st December 2012, its international-marketplace included over 710,000 paid-listings of various vacation rentals.
The company’s HomeAway portfolio includes the following vacation package sites- 1- HomeAway.com, 2- VRBO.com and 3- VacationRentals.com in the U.S. In addition it includes HomeAway.co.uk & OwnersDirect.co.uk that operate in the UK ; HomeAway.de operates in Germany; Abritel.fr & Homelidays.com are in France; HomeAway.es is in Spain; AlugueTemporada.com.br operates in Brazil & HomeAway.com.au operates in Australia. In 2012, HomeAway, Inc (NASDAQ:AWAY) acquired 100% of the outstanding-stock of Top Rural. In 2013 November, HomeAway, Inc (NASDAQ:AWAY) announced that it has acquired a 55% stake in Bookabach Limited. This company is an operator of a vacation-rental site in New Zealand.
HomeAway, Inc (NASDAQ:AWAY) also operates BedandBreakfast.com. This is an international website for finding bed & breakfast properties. It provides travelers with one more source for lodging-alternatives to hotels & the HomeAway Software. Different Professionals at the software.HomeAway.com are able to offer software-solutions to property managers & innkeepers. HomeAway, Inc (NASDAQ:AWAY)’s online marketplace serves 2 major-constituents: property owners & managers on one hand & travelers too. Property owners & managers pay listing-fees.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of financialstrend.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.financialstrend.com/disclaimer