November 14, 2012
If there's a huge challenge facing HomeAway, it's to keep growing its database of property listings while maintaining pricing power.
See, as vacation rentals get more popular with consumers -- and they are -- landlords are obliged to advertise as widely as possible, which means going for the widest possible distribution at the lowest possible price. Alternatives such as TripAdvisor's FlipKey and Holiday Lettings of the U.K. are growing fast as a result, with subscription revenue up 53% in the third quarter alone. But now HomeAway has an answer for its rivals, and it's a doozy. Find out more in the following video.
While HomeAway and TripAdvisor make it easier to travel the world, investing globally isn't getting any easier. And yet there is a way to capture global growth without suffering the headache of investing in foreign markets. The solution: Invest in your own backyard. A new Motley Fool special report -- "3 American Companies Set to Dominate the World" -- shows you how. Click here to get your free copy before it's gone.