Today some news came out that a vacation rental website (homeaway.com) just received a whopping $150,000,000 in venture capital…and that is on top of the $50,000,000 they raised about 4 months ago, bringing the total to $200,000,000! Wow – that is a lot of money! With all that cash, they acquired the popular VRBO.com – which is (was) the largest vacation rental site on the web…wait…the largest vacation rental site with the exception of Minnesota vacation rentals & Wisconsin vacation rentals – LakePlace.com still holds that honor (even when the “big guys†combine).
So why is LakePlace.com so popular in this part of the country? It’s simple really. We focus 100% of our efforts on promoting the Northland. When a vacation rental owner lists his/her property on LakePlace.com, they know that every single visitor to our site is looking at Minnesota and/or Wisconsin only. Our visitors are not searching for rentals in Hawaii, Mexico, or Florida. As a matter of fact, we probably get 10x more traffic for Minnesota and Wisconsin vacation rentals than the big guys get…
We have and always will put our customers success ahead of our own. We have and always will recommend that all of our vacation rental owners (at least those who we have not flooded to a 100%+ booked rate) list their rentals on multiple websites. The cost is usually around $100/yr, and if you pick the right sites, they are worth every penny. We might be a little biased, but we have your best interests at heart.
We look forward to helping you fill your rentals for many years to come and we congratulate and wish HomeAway the best! Boy that’s a lot of mullah!
Tags: homeaway, vacation rentals, Home Away, VRBO, venture capital
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