VRBO Relents, Eases Costs for Vacation Rental Owners
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VRBO has responded to homeowner complaints that new policies have hindered bookings; the company will move from tiered listings to a flat fee.
“The new rules should keep most property owners in the fold. Starting July 11, they eliminate[d] multi-level plans and also eliminate[d] charging owners for ‘featured’ bookings, using an algorithm instead to show various properties to searchers.”
The company will implement a new booking fee for renters to remain competitive with companies like Airbnb.
Source: Chicago Tribune – VRBO relents, eases costs for vacation rental owners
