Most people will think Airbnb was the first company of the two to be found, but they would be wrong. VRBO, or Vacation Rental by Owner for short, was founded way back in 1995. As the name might suggest, VRBO is focused on renting out different types of vacation homes, putting the homeowner in direct contact with potential renters. HomeAway acquired VRBO in 2006.
When looking at the different types of accommodations each site offers, Airbnb clearly has the advantage over VRBO. VRBO mainly works with renting out stand-alone homes only. On the other hand, Airbnb will have the traditional stand-alone homes, plus shared spaces (like renting out a single room in a multi-room home). They’ve also ventured into having hotel rooms available on the site.