HomeAway has a major competitor in Airbnb, and both compete in the short-term rental space. HomeAway tends to cater more toward vacation rentals, and insists that users list entire properties. Airbnb allows users to list individual rooms as well as entire properties. Regarding pricing, HomeAway has the two options, the annual $499 fee and the 5 percent pay-per-booking fee. Airbnb charges a 3 percent processing fee, but their listing fees can often be higher on the booker, as opposed to the seller.