How Expedia is in a Position to Take on Airbnb

    Expedia’s recent purchase of rental HomeAway has positioned it to access the same market as Airbnb. Expedia has already started to alter the way HomeAway makes money as a means to close its takeaway gap with Airbnb. HomeAway now charges a booking fee to property owners and a renting fee for the traveler, similar to Airbnb. This makes a difference in the company’s bottom line, and with Expedia’s plans to also cross-sell listings on its Expedia network, it could become a legitimate threat to Airbnb. To read more, click here.