HomeAway hits 1m global listings and hails 'another great quarter'

By Travolution
By Travolution
August 4, 2014 10:37 AM GMT

Online holiday rental firm HomeAway saw second quarter earnings rise by more than 32% to $33 million as global listings hit the 1 million level.

Total revenue increased by 31.9% to $114.3 million year on year in the three months to June 30.

Paid listings at the end of the second quarter were 1,040,547, a year-over-year increase of 34.2% from 775,232 at the end of the same period last year.

“The growth primarily reflected an increase in average revenue per listing as a result of tiered pricing and bundled product offerings, an increase in new listings and the benefit of ancillary product and services revenue,” the company said.

The results came as the company announced that former Visa Europe chief marketing officer Mariano Dima would be joining as chief marketing officer next month.

He will oversee all global marketing, corporate communications, brand initiatives and teams for the group.

Chief executive Brian Sharples said: “We've had another great quarter, once again delivering results above our expectations. We also achieved a significant milestone, reaching one million live listings on our global network of sites.

“With much of our platform and product investment behind us, the next few years will mark a renewed focus on marketing as we strive to make HomeAway one of the most recognised and respected travel brands in the world.”

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