Published on Tuesday, January 25, 2005
Hotels.com says its new VacationSpot.com is the first Web site allowing consumers to book instantly thousands of vacation rental properties that include condominiums, suites, villas and vacation homes.
Said Dan Proctor, vice president of vacation rentals at VacationSpot.com:
“We live in bigger houses with more beds and bathrooms than ever before, so why should vacationers sacrifice space, privacy and comfort while on vacation?”
The company is also offering agents 5% commissions.
Mr Proctor says VacationSpot eliminates guesswork from bookings by supplying detailed descriptions, pictures, ratings and low price guarantees.
He said vacation rentals are a fast-growing business that represent $30 billion a year in revenues.
Report by David Wilkening
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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.