Top 8 Vacation Rental Startups to Look Out For in [2023]

Have you ever wondered who is on the list of Vacation Rental Companies with the highest growth rates?

You’re not alone.

There are hundreds of Vacation Rental Companies found there, and keeping track of the hottest new startups can be challenging.

But don’t worry, we’ve got you covered. Here are the top 8 fast-growing Vacation Rental Startups that have top-tier venture capital funding.

What are Vacation Rental Startups?

Vacation rental startups are companies that specialize in providing vacation rentals such as villas, cabins, apartments, and other forms of lodging to travelers. 

These startups usually use online platforms to market their services, allowing travelers to easily search, book, and manage their vacation rentals. These startups often offer a variety of amenities and can provide a more cost-effective alternative to traditional hotels.

Top 8 Fastest-Growing Startups In Vacation Rental

1) HomeToGo

HomeToGo provides the greatest vacation rental variety in the world, with millions of options from thousands of reputable partners.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2014
• Founders: Nils Regge, Patrick Andrae, Wolfgang Heigl
• Number of employees: 251-500
• Funding amount: $176,652,718
• Number of funding rounds: 5
• Number of investors: 7

You can find their website here.

2) Holidu

Holidu is developing a holiday rental search engine.

Details of the startup:

• Country: Germany
• City: Munich
• Started in: 2014
• Founders: Johannes Siebers, Michael Siebers, Rasmus Porsgaard
• Number of employees: 101-250
• Funding amount: $100,363,206
• Number of funding rounds: 6
• Number of investors: 12

You can find their website here.

3) Vacasa

Vacasa is a vacation rental management company that specializes in assisting homeowners with the purchase, management, and sale of their holiday homes.

Details of the startup:

• Country: United States
• City: Portland
• Started in: 2009
• Founders: Cliff Johnson, Eric Breon
• Number of employees: 1001-5000
• Funding amount: $634,500,000
• Number of funding rounds: 6
• Number of investors: 5

You can find their website here.

4) Hostaway

Fast-growing vacation rental property managers can benefit from Hostaway’s scalable solutions and award-winning service!

Details of the startup:

• Country: Canada
• City: Toronto
• Started in: 2015
• Founders: Marcus Rader, Mikko Nurminen, Saber Kordestanchi
• Number of employees: 51-100
• Funding amount: $3,222,812
• Number of funding rounds: 5
• Number of investors: 6

You can find their website here.

5) Lodgify

Lodgify is a vacation rental marketing platform that streamlines the process.

Details of the startup:

• Country: Spain
• City: Barcelona
• Started in: 2012
• Founders: Dennis Klett, Marco De Gregorio
• Number of employees: 51-100
• Funding amount: $6,582,063
• Number of funding rounds: 4
• Number of investors: 9

You can find their website here.

6) Luxstay

An online short-term rental platform and hospitality service that allows guests to stay in the homes of locals for a unique experience.

Details of the startup:

• Country: Vietnam
• City: Ho Chi Minh City
• Started in: 2016
• Founders: Steven Nguyen
• Number of employees: 101-250
• Funding amount: $10,500,000
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

7) Vista Rooms

Vista Rooms is the largest premium vacation rental management firm in South Asia. We’ve set out on a mission to create a “Marriott for Homes.”

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2015
• Founders: Amit Damani, Ankita Sheth, Pranav Maheshwari
• Number of employees: 101-250
• Funding amount: $2,106,765
• Number of funding rounds: 2
• Number of investors: 5

You can find their website here.

8) MadeComfy

The first performance-based home sharing partner in Australia

Details of the startup:

• Country: Australia
• City: Balmain
• Started in: 2015
• Founders: Quirin Schwaighofer, Sabrina Bethunin
• Number of employees: 51-100
• Funding amount: $7,484,854
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

FAQs

Is Vacation Rental Business Profitable?

Yes, vacation rental businesses can be highly profitable. Vacation rental businesses offer a unique opportunity to capitalize on the growing demand for short-term rentals, often in desirable locations. 

By carefully managing costs and staying on top of marketing efforts, vacation rental owners can generate consistent income and profits from their rental properties.

What Is The Average Investment In Vacation Rental?

The average investment in vacation rental startups varies greatly and depends on the size and scope of the project. 

However, according to Crunchbase, the median seed investment for vacation rental startups was $2.7 million in 2018.