vrbo stock

Vrbo Stock IPO: Can You Invest in this Airbnb Competitor?

The following guide answers the question: Can you Buy Vrbo Stock?

Just like Undervalued Stocks, this vacation rental company could be an enormously profitable investment center.      

Everyone enjoys the much-needed relaxation and adventure that accompanies taking a vacation.

However, the headaches that arise from planning the trip often prevent people from actually taking the voyage.

The biggest of these problems is researching places to stay online that meet all of you and your family’s needs, price range, proximity to entertainment, and a plethora of additional specifications that make finding the perfect place to stay while on vacation almost impossible.

Vrbo has quickly become one of the premiere websites to use when planning a vacation as it alleviates the hurdles one faces while planning a vacation.

Vrbo’s rise in global popularity can be attributed to the vast number of rental properties available around the world, an easy-to-navigate platform, and its steadfast position in a constantly expanding industry.

We explore this question of buying Vrbo Stock below. If IPOs interest you, check out our list of the Best Upcoming IPOs.

What is Vrbo?

Vrbo is an American vacation rental online marketplace that has become one of the premier platforms in the travel and hospitality industry.

vrbo stock ipo

As of April of 2019, the site has grown to list 2 million rental properties around the world.

Initially, Vrbo had an annual homeowner subscription model in which homeowners were charged a fee to list their condo, beach house, or cabin on the website.

the site has grown to list 2 million rental properties around the world.

Since the site has grown, it now offers a per-rental fee option with no annual fee.

The company attempts to provide exceptional accommodations before, during, and after each one of its customer’s stays.

What is Vrbo?

Before your stay, Vrbo selects premiere hosts, protects your payments, screens for fraud, and helps with re-booking if needed.

A dedicated care team is there for customers to answer any questions, or provide alternative accommodations if they are not able to get into the property or if the property was misrepresented if reported within the first 12 hours of your stay.

 

Vrbo History

David Clouse created Vacation Rentals By Owner, VRBO.com, in 1995 while living in Aurora, Colorado.

Within the site’s first 10 years, the number of listings available for rent grew to 65,000 properties.

Vrbo History

HomeAway acquired Vrbo in 2006. Expedia Group, Inc. acquired HomeAway in December of 2015.

A rebranding from VRBO to Vrbo took place in March of 2019 and included a new logo, capitalization, and pronunciation.

Vrbo had over 2 million listings for rent as of April of 2019. HomeAway and Vrbo were combined into one website in July of 2020.

HomeAway and Vrbo were combined into one website in July of 2020.

President of Vrbo, Jeff Hurst, released a statement in March of 2020, amid the pandemic, encouraging owners of rental properties to be more flexible with their cancellation policies and offer full refunds due to the unforeseen restrictions on travel during the time.

Controversies

During the Covid-19 pandemic, Vrbo announced that rental property owners on the site would be permanently banned from Vrbo and Expedia if they intimidated travelers to keep their reservations or downplay the severity of the crisis.

Vrbo has come under heavy criticism in 2021 due to customer complaints that the 100% refund policy is not followed by Vrbo customer service.

Vrbo Stock IPO?

Although you cannot buy stock directly in Vrbo, you can purchase stock from its parent company, Expedia Group, Inc. (EXPE).

expedia group

Vrbo Stock – Estimated Value

Since Vrbo is not currently a publicly-traded company, there is not a price to report on how much a single stock in the company would cost.

The most accurate way to determine an initial IPO price would be to compare it to other vacation rental platforms in the industry.

We can use the IPO opening price of companies specializing in this sector to get a range of what to expect for a price when the company does go public.

Booking Holdings

  • Opening Price of Stock: $16.00
  • Previous 52 Week High: $2,687.29

Booking Holdings

Airbnb

  • Opening Price of Stock: $68.00
  • Previous 52 Week High: $219.94
  •  

Airbnb stock

Tripadvdisor

  • Opening Price of Stock: $26.06
  • Previous 52 Week High: $64.95
  •  

Tripadvdisor

With the vast number of rentals available all around the world and the ease of use of the online platform, one could infer that if Vrbo ever does go public, the price of their IPO could fall somewhere within the opening prices above

Therefore, it would be safe to assume that its IPO opening price could range from $15 – $68.

Whereas the potential growth of a single share of stock could reach between $65 – $2,687 when analyzing the previous 52-week highs of companies operating in the same sector.

Parent Company

Expedia Group, Inc. (EXPE) went public on the Nasdaq National Market on November 10, 1999.

The opening price of its initial public offering (IPO) was $14 and 5.2 million shares were available for purchase.

Expedia Group, Inc. hit a new high with the price of a single share of stock reaching $188.43 during intraday trading on November 8, 2021.

The highest closing price over the previous 52 weeks was $191.85. While the lowest closing price over the previous 52 weeks was $118.30.

expedia stock

Additional Companies Owned

Expedia Group, Inc. also owns several other websites in addition to Vrbo.

Additional Companies Owned

Below is a list of additional websites that the Expedia Group, inc. owns:

Alternative Investments

So, you can’t buy stock in Vrbo, but you’re determined to buy equity in another travel or hospitality company.

What are some of your alternative options?

  • Booking Holdings (BKNG)
  • Airbnb (ABNB)
  • Tripadvisor, Inc. (TRIP)
  • Southwest Airlines (LUV)
  • Marriott International (MAR)
  • Hilton Worldwide Holdings Inc. (HLT)
  • Intercontinental Hotels Group (IHG)
  • Wyndham Hotels & Resorts Inc. (WH)
  • Choice Hotels International (CHH)
  • Starwood Hotels & Resorts Worldwide Inc. (HOT)
  • MGM Resorts International (MGM)
  • The Walt Disney Company (DIS)
  • Royal Caribbean Cruises (RCL)
  • Carnival Corp. (CCL)
  • Norwegian Cruise Line (NCLH)
  • Comcast Corporation (CMSA)
  • American Airlines (AMR)
  • Delta Air Lines Inc. (DAL)
  • Continental Airlines Inc. (CAL)
  • Lindblad Expeditions (LIND)
  • SeaWorld Entertainment (SEAS)
  • Uber Technologies (UBER)
  • Lyft Inc. (LYFT)

Can You Buy Stock in Vrbo?

It is a great question to ask because this popular online renting platform could be an enormously profitable investment center.

Especially when you take into account the millions of rental properties available around the world, easy-to-use platform, and its position in a constantly expanding travel and hospitality industry.

No, you can’t purchase stock directly in Vrbo, as this brand is owned by Expedia Group, Inc. (EXPE).

Frequently Asked Questions

Can You Buy Vrbo Stock?

No, you can’t buy stock in Vrbo as they are owned by a parent company called Expedia Group.

When is the Vrbo Stock IPO?

Vrbo has not filed for an IPO, as they are owned by a parent company.

How Much Will Vrbo Stock Cost?

Although Vrbo has not filed for an IPO, would be safe to assume that its IPO opening price would fall somewhere in the $15 to $68 range.

Who Owns Vrbo?

Vrbo is owned by Expedia Group.