Welp MagazineA vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US.
History:
The first vacation rentals emerged as early as the 1930s with the advent of places such as Manzanita Beach Bungalows in Seaside, Oregon. The Great Depression of the 1930s led to a decline in hotels and the popularity of vacation rentals spiked.
In 1965, President Lyndon Johnson created the National Rent-a-Campground program, which continued the expansion of vacation rentals. Rentals were achievable for a mere $400 per year for 30 sites. This program resulted in the development of 16,000 seasonal, commercial, and private recreation sites. With this, many people put their personal residences for rent.
In today’s world most of the vacation rentals, more than 90 percent, are now owned by private individuals. However, from 1997 to 2007, there was a decline in the number of vacation rentals in the U.S. The economic crash and housing bust resulted in an increase in the number of vacant homes.
Types:
Resort: Vacation rentals that appeal to business travelers, families on summer vacation or groups of friends. They might include a swimming pool, kiddie play area, game room, fitness center and business room.
Condo Complexes: Condominium complexes that are professionally managed and have hotel-type amenities and services on site.
Apartment Complexes: Apartment complexes that provide a rental service with hotel-type amenities and services on site.
Vacation Homes: A vacation home is a property, usually a single family residence, that is provided for rental to tourists on a short term basis, generally for at least four days.
Startups:
1. GuruHotel
The idea behind this startup: A distribution ecosystem that connects with multiple hospitality-related technologies.
Headquarters: Mountain View, California, United States
Industries: Hospitality, Software, Vacation Rental
Founders: Jorge Flores, Josue Gio, Stiven Martinez
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2. Zeevou
The idea behind this startup: Zeevou is an easy-to-use online platform that automates hospitality management – from marketing, to bookings, to operations. One unified hub
Headquarters: Cambridge, Cambridgeshire, United Kingdom
Industries: Hospitality, Information Technology, Internet, Software, Tourism, Travel, Vacation Rental
Founders: Na’ím Anís Peymán
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3. Faundit
The idea behind this startup: Reuniting Hospitality guests with lost properties
Headquarters: Aarhus, Midtjylland, Denmark
Industries: Amusement Park and Arcade, Hospitality, Rental Property, Resorts, Vacation Rental
Founders: Unknown
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4. MYRENTBOAT
The idea behind this startup: Find the best yacht rental deals Choose from 25 000 yachts online
Headquarters: London, England, United Kingdom
Industries: Boating, Leisure, Location Based Services, Peer to Peer, Rental, Sailing, Tourism, Travel, Travel Agency, Vacation Rental
Founders: Alex Lebedev, Daria Lebedeva
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5. HomeKasa
The idea behind this startup: Property Management Software for landlords, property managers and renters
Headquarters: Unknown
Industries: Real Estate, Real Estate Investment, Rental, Rental Property, Software, Vacation Rental
Founders: Unknown
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6. Boutiq
The idea behind this startup: The smart data-driven luxury hospitality brand || Techstars Austin 2020
Headquarters: Austin, Texas, United States
Industries: Hospitality, Machine Learning, Real Estate, Travel, Vacation Rental
Founders: Dan Driscoll, Rena Pacheco-Theard
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7. Dreality
The idea behind this startup: Dreality is an all in one marketplace for rentals, services & accommodations.
Headquarters: Dover, Delaware, United States
Industries: Apps, Car Sharing, Insurance, Management Information Systems, Marketplace, Peer to Peer, Real Estate, Rental Property, Vacation Rental
Founders: Unknown
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8. Hostify
The idea behind this startup: All-in-one software solution for managing vacation rentals seamlessly on all major channels
Headquarters: Lewes, Delaware, United States
Industries: Information Technology, Property Management, SaaS, Software, Vacation Rental
Founders: Chavdar Marinov
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9. nwanndo
The idea behind this startup: Hospitality, Marketplace, Travel, Travel Accommodations
Headquarters: Lagos, Lagos, Nigeria
Industries: Hospitality, Travel, Travel Accommodations, Vacation Rental
Founders: Ikenna Okereke, Venetia Grant
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10. D. Alexander Capital
The idea behind this startup: D. Alexander Capital is a vertically integrated real estate fund that manages a portfolio of vacation rental homes.
Headquarters: Denver, Colorado, United States
Industries: Hospitality, Real Estate, Real Estate Investment, Rental, Vacation Rental
Founders: Alex Allison, Dustin Abney
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11. Yada.ai
The idea behind this startup: Guest engagement and hospitality automation platform
Headquarters: Cambridge, Massachusetts, United States
Industries: Hospitality, SaaS, Travel, Vacation Rental
Founders: Petar Ojdrovic
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12. Private Porch
The idea behind this startup: Homesharing with the host as our hero.
Headquarters: Portland, Oregon, United States
Industries: Hospitality, Vacation Rental
Founders: Scott Kveton
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13. Propersum
The idea behind this startup: Propersum is an online platform to discover vacation rental homes for sale with reliable rental financials from local experts.
Headquarters: San Francisco, California, United States
Industries: Finance, Real Estate, Rental, Vacation Rental
Founders: Wes Walker
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14. Oca Carioca
The idea behind this startup: Oca Carioca aim to offer an exclusive service and excellence to accomodate those that search for furnished apartment for season.
Headquarters: Unknown
Industries: Real Estate, Vacation Rental
Founders: Danide Rodrigues, Lucas Bozza
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15. Hoozas
The idea behind this startup: Short Rental Appartment
Headquarters: Tehran, Tehran, Iran
Industries: E-Commerce, Internet, Travel Accommodations, Vacation Rental
Founders: Kiarash Rangchian
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16. Guest Like Local
The idea behind this startup: Marketplace for hotels and vacation rental hosts to cross sell products, services and experiences
Headquarters: Athens, Attiki, Greece
Industries: Hospitality, Hotel, Marketplace, Tourism, Travel, Travel Accommodations, Vacation Rental
Founders: Dora Pavlidou, Pavlos Skoufis
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17. Popping
The idea behind this startup: Popping is an online property listing platform that connects brands to pop-up spaces for short-term rentals
Headquarters: Johannesburg, NA – South Africa, South Africa
Industries: B2B, Property Management, Shopping Mall, Small and Medium Businesses, Vacation Rental
Founders: Sihlesenkosi Majola
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18. VR Coach
The idea behind this startup: Global advisory expertise for businesses operating in the vacation rentals sector.
Headquarters: Barcelona, Catalonia, Spain
Industries: Big Data, Business Intelligence, Information Technology, Property Management, Real Estate, Rental Property, Tourism, Vacation Rental
Founders: Adam Alexander, Tatiana Oliveira
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19. Travelomonk
The idea behind this startup: Travelomonk Is An Online Travel Agency Offering Flight Comparison Services Through One Of Best Flight Search Engines To Book Cheap Flights.
Headquarters: Brampton, Ontario, Canada
Industries: Business Travel, Hospitality, Tourism, Travel, Travel Agency, Vacation Rental
Founders: Unknown
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20. RevenyouBnB
The idea behind this startup: RevenyouBnB is an automated dynamic pricing solution for property managers and vacation rental owners
Headquarters: Barcelona, Catalonia, Spain
Industries: Hospitality, Software, Vacation Rental
Founders: Unknown
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