United States
Vacayo, founded in 2017, is carving a niche within the Hospitality and Real Estate industries by addressing the underutilization of second homes in the United States. Through an innovative approach to short-term rental management, Vacayo enhances landlords' income potential while minimizing vacancy risks by employing Superhosts for operational efficiency.
The company strategically targets the burgeoning group travel market by leasing, furnishing, and managing properties while collaborating with established booking platforms like VRBO and Expedia.com. Such endeavors help bring millions of dormant second homes online, transforming them into profitable assets.
Vacayo's compelling value proposition and market traction were underscored by a significant $1.40M Seed Round investment in May 2018, backed by reputed investors including 500 Startups, Connecticut Innovations, Draper Associates, and others, positioning it for further growth in the evolving travel accommodation sector.
