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20 Best Startups Taking on the Vacation Rental Market (Even during COVID)

Image by Vinson Tan ( 楊 祖 武 ) from Pixabay

A 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

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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