Vrbo is an online marketplace for vacation rentals that was founded in 1995 and is headquartered in Austin, Texas. The company was acquired by HomeAway in 2006 and then by Expedia Group in 2015. Vrbo offers a platform for homeowners to list their properties for rent to travelers. The company has over 2 million listings in over 190 countries. Vrbo generates revenue by charging homeowners a fee for each booking made through the platform. The company has a market capitalization of $22.5 billion as of 2021.