MARKETING YOUR PROPERTY INTERNATIONALLY ERICA CHANG, REGIONAL DIRECTOR & KAREN MULLINS, UK MARKETING DIRECTOR INTRODUCTION Copyright 2012 HomeAway Inc. 2 HomeAway is now the world’s largest holiday rental marketplace Key Facts Revenues Headquartered in Austin, TX 280 ($MM) 171 countries, 21 sites, 16 languages1 230 ~742,000 listings2 Simple Business Model ~£249 ($350 in the US) annual 160 subscription for owners on HAUK £199 annual subscription on sister brand Owners Direct (£149 for 6 months) 120 82 Free for travelers – what’s good for our holiday makers is good for our owners ~84% recurring subscription revenues 2008 2009 2010 2011 2012 HomeAway, founded in 2005, has consolidated a fragmented market through acquisitions Initial Launch - Q1 2005 Q4 2005 Q1 2007 Q4 2006 CyberRentals.com GreatRentals.com A1Vacations.com Q2 2007 Q3 2007 Q1 2011 Global Template Launches Mexico, Canada Q3 2006 – Q2 2007 Global Template Launches 9/06 – HomeAway.es 2/07 – HomeAway.nl 2/07 – HomeAway.se 2/07 – HomeAway.no 3/07 – HomeAway.pt 3/07 – HomeAway.dk 4/07 – HomeAway.it 4/07 – HomeAway.fi Q1 2008 April 1 2011 Home Away Australia Q1 2010 Q1 2009 May 2011 Q3 2011 Global Template Launches India, Austria April 2012 Home Away Argentina Q4 2010 July 2013 HomeAway has offices in 18 locations across the globe employing 1,500+ people The Americas Austin, TX (US Headquarters) Denver, CO Smith Mountain Lake, VA New York, NY Rio de Janeiro, Brazil Bogota, Colombia EU Geneva, Switzerland (EU Headquarters) Madrid, Spain Marseilles & Paris, France London, UK Frankfurt, Germany Rome, Italy (2014) RoW Melbourne, Australia Singapore (Travel Mob) How it all Started HomeAway Software for Professionals Basalt, CO Seattle, WA Denver, CO Pensacola, FL WHY MARKET INTERNATIONALLY? Copyright 2012 HomeAway Inc. Increase Reach Where Europeans spend their holidays 90% Domestic market In another country in EU Outside Europe 80% 70% 60% 50% 55% 45% 40% 30% 29% 32% 27% 20% 10% 0% Germany Spain France Italy UK Diversification How has the recession impacted holiday makers? No, it has not changed my holiday plans 80% Yes, I will go on holiday but I will spend less Yes, I will go on holiday but for a shorter period 70% Yes, and I will not go on holiday this year Yes, I will go on holiday but I changed my destination 60% 50% 40% 30% 20% 10% 0% Germany Spain France Italy UK Events and the Media Events The Media Scotland and Yorkshire hailed as 2014 travel 'must sees‘ in Lonely Planet’s “Best-of" booklet Top of Google PPC SEO Top of Search Results Higher Ranking in Search = More Enquires and Bookings INTERNATIONAL MARKETING AT HOMEAWAY Copyright 2012 HomeAway Inc. How does HomeAway help me reach a global audience? “Classic” Subscription International upgrades and Bundles Online payments Online booking Classic Subscription Free “basic” listing on all 20 sites that are part of the HomeAway International Network 14 International Upgrades Reach millions more holidaymakers with increased exposure on our European sister websites German Upgrade on FeWo-Direkt.de French Upgrade on Abritel.fr Spanish Upgrade on HomeAway.es Italian Upgrade on HomeAway.it Portuguese Upgrade on HomeAway.pt BUNDLES Upgrade to multiple websites within the HomeAway network at once and save over 60% on the cost of advertising on each of them individually. European Bundle • • • • • • • OwnersDirect.co.uk Fewo-Direkt.de Abritel.fr HomeAway.es HomeAway.it HomeAway.pt HomeAway.nl US Bundle •HomeAway.com •VRBO.com UK Bundle •HomeAway.co.uk •Ownersdirect.co.uk Global Bundle • • • • • • • • • • • HomeAway.com VRBO.com Alugue Temporada HomeAway.com.au OwnersDirect.co.uk Fewo-Direkt.de Abritel.fr HomeAway.es HomeAway.it HomeAway.pt HomeAway.nl Top traveller complaints for booking a holiday home Source: Survey of 217 holidaymakers who used HomeAway.co.uk, August 2013 Online booking is the norm for the travel industry Source: PhoCusWright’s European Vacation Rental Marketplace, 2011 Would you book your next holiday rental online? Yes, but only if I can contact the owner first Yes No, I prefer to book offline Source: Survey of 217 holidaymakers who used HomeAway.co.uk, August 2013 Online payments Request online payments from your HomeAway.co.uk dashboard & holidaymakers pay via a credit card The lowest transaction fee in the UK, starting at 1.4% for domestic transactions Adds the HomeAway Payments badge on your listing and in the search results Online bookings Online payments included Allows holidaymakers to book your property directly from your listing using the Book Now widget You control all bookings by declining or accepting them within 24h Adds the Book Now! icon in the search results Less than 25% of EU holiday rental bookings occur online but this is increasing by 15% per year Source: PhoCusWright’s European Vacation Rental Marketplace, 2011 UK holidaymakers prefer to use credit cards 45% would not book if they were unable to pay with a credit card *Source: Survey of 217 holidaymakers who used HomeAway.co.uk, August 2013 50% more bookings 30% more revenue 160% more enquiries X Source: Statistics for HomeAway.co.uk, Fewo-Direkt.de and Abritel.fr owners, June-August 2013 THE RESULTS International enquiries as % of total enquiries International Enquiries 28% 27% 24% 2010 2011 2012 International enquiries as % of total enquiries Double the Growth to Scotland 49% 42% 37% 48% 51% 37% 26% 11% England Scotland 13% Wales 2010 2011 2012 Spotlight on Scottish Regions 70% 60% 50% 40% 30% 20% 10% 0% 2010 2011 2012 Making your property more appealing to international travellers 30 QUESTIONS
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