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TheStreet Open House

HomeAway Taps Priceline Partner Network To Add Flights & Rental Cars To Its Services

Stock quotes in this article: AWAY, PCLN

AUSTIN, Texas, June 5, 2012 /PRNewswire/ -- HomeAway, Inc. (NASDAQ: AWAY), the world's largest online marketplace for vacation rentals, today announces the addition of airline ticketing and rental car services powered by the Priceline Partner Network, a business unit of Priceline.com, (NASDAQ: PCLN) on HomeAway.com® and VRBO.com(SM).

(Logo: http://photos.prnewswire.com/prnh/20120215/DA53778LOGO)

This partnership enables travelers to evaluate three major aspects of trip planning through one interface. Travelers who book a vacation home rental on HomeAway.com or VRBO.com from an owner or property manager using HomeAway's ReservationManager™, a one-stop solution to manage vacation rental bookings, can secure:

  • Airline ticketing options with almost all major airlines through Priceline.com.  The service includes seat mapping, the ability to book different classes of seats and support for airline frequent flier miles.
  • Published-price car rental reservations worldwide and the ability to use rental car company discount codes.

"The addition of airline tickets and rental cars is a natural fit for our business and the needs of our customers," says HomeAway® chief executive officer Brian Sharples. "The choice of Priceline Partner Network also gives our customers broad access to the most popular airlines and rental car companies for both domestic and international trips."

"HomeAway is the clear leader in the vacation rental marketplace and we are very excited to power these new travel services for them," says Priceline Partner Network President, Randy Schartner.  "With the addition of airline ticketing and rental cars, we believe that HomeAway will be an even more compelling choice for travelers looking for the right vacation rental."

About HomeAway, Inc.

HomeAway, Inc., based in Austin, Texas, is the world's leading online marketplace of vacation rentals, with sites representing approximately 700,000 paid vacation rental home listings throughout 168 countries. HomeAway® offers an extensive selection of vacation homes that provide travelers with memorable experiences and benefits, especially more room to relax, for less than the cost of traditional hotel accommodations. The company also makes it easy for vacation rental owners and property managers to advertise their properties and manage bookings online. The HomeAway portfolio of websites includes HomeAway.com, VRBO.com and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es and Toprural.com in Spain; AlugueTemporada.com.br in Brazil; and HomeAway.com.au in Australia.

In addition, HomeAway operates BedandBreakfast.com, the most comprehensive global site for finding bed-and-breakfast properties, providing travelers with another source for unique lodging alternatives to chain hotels. For more information about HomeAway, please visit www.HomeAway.com.

For information contact: Victor WangPublic Relations ManagerHomeAway, Inc.Office- 512-505-1504 vwang@homeaway.com

About The Priceline Partner Network and The Priceline GroupThe Priceline Partner Network (PPN) http://www.pricelinepartnernetwork.com is the private-label distribution channel for priceline.com travel services.  Working behind the scenes, PPN powers travel websites for a spectrum of affinity groups, airlines and hotel management firms and chains.  PPN believes that it offers the most customizable private-label travel affiliate program on the market today.  PPN's private-label services include hotels, flights, rental cars, flight & hotel packages, and priceline.com's famous Name Your Own Price® travel services for hotels, airline tickets and rental cars.

The Priceline Group (Nasdaq: PCLN) is a leader in global online hotel reservations, with over 210,000 participating hotels worldwide.  The Group is composed of four primary brands – Booking.com, priceline.com, Agoda.com and Rentalcars.com – and several ancillary brands. The Priceline Group provides online travel services in over 160 countries in Europe, North America, South America, the Asia-Pacific region, the Middle East and Africa. Booking.com is the number one online hotel reservation service in the world, offering over 185,000 hotels (as of February 27, 2012), and is available in 41 languages.  More recent hotel counts are available on the Booking.com website.  Priceline.com gives leisure travelers multiple ways to save on their airline tickets, hotel rooms, rental cars, vacation packages and cruises. In addition to getting compelling published prices, travelers can take advantage of priceline.com's famous Name Your Own Price® service, which can deliver the lowest prices available.  Agoda.com is an Asia-based online hotel reservation service that is available in 37 languages.  Rentalcars.com is a multinational car hire service, offering its reservation services in over 4,000 locations.  Customer support is provided in 38 languages.

For Press Information: Brian Ek   (203) 299-8167  brian.ek@priceline.com For Investor Relations: Matthew Tynan (203) 299-8487 matt.tynan@priceline.com

SOURCE HomeAway, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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