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Vacation.Rentals Domain Sold for $500,300

Vacation.Rentals was acquired by Michael and Handan Kugler, longtime resort owners and entrepreneurs. The Kuglers, along with Marshall Hart, William Whelpley, ITM Investments, Kalus Enterprises, and Jim and Wendy Sherrill, founded Vacarent, LLC, the parent company of the Vacation.Rentals website.  

Leveraging their experience as resort owners and entrepreneurs in digital commerce, the Kuglers created the Vacation.Rentals website with several objectives. First, they wanted to offer property owners a more responsive online experience from a trusted provider with direct understanding of their needs, and a business model that was based on annual subscriptions – not on bookings transaction fees. Second, they wanted to empower vacationers with the ability to easily find what they need and interact directly with property owners.

“While online rentals are well established, there is a growing unfulfilled need with property owners,” said Michael Kugler, founder and CEO of Vacarent, LLC, the parent company of the Vacation.Rentals website. “We aim to give owners the best online destination for them to easily market their properties. The term “vacation rentals” is THE most frequently searched term online for vacation properties; it’s a name I’ve had my eye on for a while and finally it’s our brand. We’re excited to leverage our name and our website to benefit both property owners and vacationers.”

“The travel and vacations category is huge and growing rapidly,” said , senior vice president of sales, Donuts. “We are delighted that Michael and Handan Kugler and the Vacation.Rentals team are offering an exciting, differentiated solution for property owners and vacationers. Vacation.rentals is a terrific domain name and already has “page one” ranking on popular search engines. We look forward to following the growth of Vacation.Rentals and supporting its success.”

Posted by on April 12, 2018.

Categories: Other

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