Business Segment- Online Vacation Rentals Online vacation rental means renting a whole house at our favorite destination. Travelers or tourists can rent a fully furnished house on a temporary basis at their favorite place. Property owners list their properties using vacation rentals websites to find tenants. These vacation rental websites offer a long list of houses, apartments, townhomes, condominiums, and cottages to select, at a price which compete hotel rooms. In the present busy world, many people are trying to book a vacation home through online vacation rental websites, so that they can relax for few days at their favorite place.
Here, we discuss and compare the electronic commerce of different online vacation rental websites.
The websites to be discussed are: Homeaway.com has one million listings in 190 countries and said to be one …show more content…
It offers free booking to travelers as well as free listing to property owners. It does not charge while listing the property but charges 3% commission when the property is booked through their website. It takes all the measures to make customers to pay only through their website.
Revenue Model
Flipkey is a commission based model. It makes revenue by charging a commission of 3% from property owners whenever it is booked. Whenever a customer pays the property rent to owner through their website, Flipkey charges 3% of the rent as a commission. It generates revenue by commissions.
Advantages Listing a property in Flipkey also displays the property list in 12 other websites without any charges, which makes an opportunity of exposing the list to many number of customers.
Important points of Flipkey
• Flipkey offers a free app for android and iphone use to book and manage their booking.
• It maintains a blog about vacation places.
• It’s contact us page leads to a page where FAQ are answered properly but not to customer
Here, we discuss and compare the electronic commerce of different online vacation rental websites.
The websites to be discussed are: Homeaway.com has one million listings in 190 countries and said to be one …show more content…
It offers free booking to travelers as well as free listing to property owners. It does not charge while listing the property but charges 3% commission when the property is booked through their website. It takes all the measures to make customers to pay only through their website.
Revenue Model
Flipkey is a commission based model. It makes revenue by charging a commission of 3% from property owners whenever it is booked. Whenever a customer pays the property rent to owner through their website, Flipkey charges 3% of the rent as a commission. It generates revenue by commissions.
Advantages Listing a property in Flipkey also displays the property list in 12 other websites without any charges, which makes an opportunity of exposing the list to many number of customers.
Important points of Flipkey
• Flipkey offers a free app for android and iphone use to book and manage their booking.
• It maintains a blog about vacation places.
• It’s contact us page leads to a page where FAQ are answered properly but not to customer