📺 Stream EntrepreneurTV for Free 📺

HomeAway Partners With Gogobot to Gain a New Edge in Vacation Rentals Vacation-rental company HomeAway's new partnership with travel advice site Gogobot allows property owners to create unique guidebooks to entice renters.

By Brian Patrick Eha

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Vacation-rental giant HomeAway has partnered with vacation recommendation site Gogobot to launch "Insider Guides," a new feature that allows rental-property owners to provide localized tips and recommendations to prospective renters.

Insider Guides are in direct competition with Airbnb's Neighborhoods feature, which launched last November. Airbnb, which facilitates peer-to-peer property renting, now has multimedia travel guides for 12 cities around the world, including New York, Berlin and Rio de Janeiro.

Comparatively, HomeAway's online guides are created by its rental owners to highlight the interesting things to see and do in their local areas. They have the potential to reach more cities than Airbnb's internally created guides, since members of HomeAway's global user base can create them at will.

As part of the partnership, Insider Guides will combine the owners' advice with Gogobot's editorial content and reviews from its members. While HomeAway adds value to its core business, Gogobot gets new content for its 2.5 million members. Through Gogobot's mobile app for iOS and Android, travelers can access the guidebooks on the go for maps, directions and more.

HomeAway and its subsidiary Vacation Rentals By Owner (VRBO), a rental website that it acquired in 2006, together offer more than 740,000 rental properties around the world, according to the company. HomeAway went public in 2011 and has a market capitalization of nearly $2.7 billion.

Menlo Park, Calif.-based Gogobot was founded in 2010 and has raised $19 million in venture capital from various investors, including Battery Ventures and Redpoint Ventures.

Related: The Young Founder Behind a $100 Million Luxury Travel Business

Brian Patrick Eha is a freelance journalist and former assistant editor at Entrepreneur.com. He is writing a book about the global phenomenon of Bitcoin for Portfolio, an imprint of Penguin Random House. It will be published in 2015.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.