Vacayrx Surges Past 3,000 Vacation Rental Listings
As any entrepreneur understands; growth is not only challenging, but also, unpredictable. It can seem that everything in the business is going right and then suddenly things can slow, stop, or even reverse.
In terms of Live vacation rental listings on vacayrx.com we can certainly relate. Throughout the last 14-monhts, we have been growing steadily, often adding hundreds of new property listings on a monthly (and sometimes even weekly) basis. As of January 1st 2018, we featured 2,861 properties throughout 32 States in the US and a small sprinkling in Canada.
Given our prior growth rate, it seemed that we were well positioned to hit the 3,000 mark by February 1st. Then, unsuspectingly we ran into a few snags. Many property managers were focused on closing out their yearly financials, there was great uncertainty about the announcements from competing OTAs, and much to our dismay, we lost two notable clients. While one asked us to remove their listings as a result of selling the business (which is nothing we can control), we also had a manager ask us to remove their listings because we had not synced with their management software.
As a result, we lost 80 quality listings in a couple markets we had worked hard to establish. Luckily, new clients filled their place, and we eked out small gains to our portfolio despite these setbacks.
Nonetheless, we kept our sights on the 3,000 Live listing-mark and just couldn’t quite seem to get over the hump. Then, just as quickly as things had slowed, they picked back up once more.
As of today, we can happily say that we have surged past the 3,000 Live property-mark with the addition of a large portfolio of properties in Cape Cod and a result of a partnership with one of our largest clients to date.
We have also been working hard to expand outside of the United States and have developed our first presence in some new international markets including Sydney Australia, Valencia Spain, Amalfi Italy, and Lagos Portugal.
Over the coming months we will be continuing these efforts not only to new key markets in the US but to also provide our guests with more choices in top international destinations.
While we can certainly attest to the fact that the road to growth is not always a smooth one, we are firm believers that delivering your clients something of value will always lead to progress. That has been our goal since day one, and we have no intentions of changing that.
With that, we would like to offer much thanks to all our partners worldwide who entrust us with delivering a better vacation rental experience and giving us an opportunity to show the industry a better way forward.