The business and its 40-person team will continue to operate from its headquarters in Sydney and will be managed by Stanish. It is expected that Stayz’ inventory will be integrated into HomeAway’s pay-per-booking inventory in the US and Europe to generate additional traffic for Stayz properties from international markets.Conference Call & Webcast Information HomeAway will host a conference call for investors today, Wednesday, December 4, 2013, at 9:00 a.m. Eastern Time. To participate in the conference call, investors should join ten minutes prior to the scheduled start time. Callers in the United States and Canada should join by dialing (877) 874-1565, passcode 2879092. Callers outside the United States and Canada should join by dialing (719) 325-4870, passcode 2879092. In addition, a live webcast of the call will be accessible through the Investor Relations section of HomeAway's website at http://investors.homeaway.com and will be archived online for 60 days upon completion of the conference call. For those unable to participate during the live broadcast, a telephonic replay of the call will also be available from 12:00 p.m. Eastern Time on December 4, 2013, until 11:59 p.m. Eastern Time on December 18, 2013, by dialing (877) 874-1565, passcode 2879092, in the United States and Canada or (719) 325-4870 outside the United States and Canada, passcode 2879092. Cautionary Statement Regarding Forward-looking Statements This press release contains "forward-looking" statements, subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, which are based on HomeAway management's beliefs and assumptions and on information currently available to management. Forward-looking statements include information concerning HomeAway's and Stayz' expected, possible or assumed future results of operations and growth and the addition of Stayz to the HomeAway portfolio. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as "continues," "plans," "believes," "expects," "anticipates," “can,” "could," “provides,” "look forward to," or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause HomeAway's and Stayz' actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to the following: (a) HomeAway's and/or Stayz' inability to continue to attract and maintain a critical mass of property listings and travelers, (b) the performance of the pay-per-booking business, (c) the lack of or slow growth in the vacation rental market in Australia (d) the impact of general economic conditions and (e) such other risks and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission (the "SEC"). All information provided in this press release is as of the date hereof and, except as required by law, HomeAway assumes no obligation to update this information, even if new information becomes available in the future.
About HomeAway:HomeAway, Inc. based in Austin, Texas, the world's leading online marketplace for the vacation rental industry, with sites representing over 773,000 paid listings of vacation rental homes in 171 countries. Through HomeAway, owners and property managers offer an extensive selection of vacation homes that provide travelers with memorable experiences and benefits, including more room to relax and added privacy, 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 includes the leading vacation rental websites 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.es in Spain; AlugueTemporada.com.br in Brazil; HomeAway.com.au in Australia; and Bookabach.co.nz in New Zealand. Asia Pacific short-term rental site, travelmob.com, is also owned by HomeAway. HomeAway also 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.