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Vrbo (/ ˈ v ɜːr b oʊ / VER-boh [1]) is an online marketplace for vacation rentals. It was originally known as Vacation Rentals by Owner and VRBO . It is headquartered in Austin, Texas , and is owned by Expedia Group .
In 2003, Rich Barton resigned as CEO and was replaced by Erik Blachford. [9]In December 2004, Dara Khosrowshahi was announced as CEO. [10]In March 2017, Chelsea Clinton was named to the board of directors of Expedia, with compensation of $45,000 a year in cash, plus $250,000 a year in stock vesting over three years.
HomeAway announced in November 2006 its $160 million in financing to fund global expansion initiatives, including the acquisition of Vrbo.com (Vacation Rentals by Owner). [11] On November 11, 2008, HomeAway announced it had completed an additional $250 million equity capital raise. [ 48 ]
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