Stayz.com.au has revealed its financials for the first time. Australia’s most popular holiday house site made a profit of A$13 million before interest, tax, depreciation and amortisation on revenue of A$23.1 million in the 2012 financial year. This makes it Australia’s #2 accommodation booking site behind Wotif.com and gives Stayz a whopping gross margin of 56.3%, […]
Tag: Stayz
Stayz on the way out as HomeAway takes centre stage
Holiday rental brand Stayz, one of Australia’s online travel pioneers, is being phased out and will ultimately be superseded by parent company HomeAway. Product migration to HomeAway has been under way for the past six months and should be finished by June. Meanwhile the American company has embarked on a digital campaign headlined ‘HomeAway – The New […]
Stayz finally moves to all commission model, just 10% buts gets slammed by property owners
Stayz, Australia’s largest holiday home rental site, has eliminated its combined listing/booking fees and moved to a flat 10% commission on all homes booked, creating a kerfuffle among some property owners who are threatening to shift all their business to Airbnb. Now owned by Expedia, Stayz had previously charged a $164 annual listing fee plus […]