Celebrating its 10th year in business, Montreal-based luxury villa company Rental Escapes says it is enjoying unprecedented growth in the first half of 2022.
With an expanded team, increased product inventory and a new office space being built, the company says its momentum speaks to the significant market opportunity and demand for luxury villa rentals.
"Since the beginning of this year, we have experienced tremendous, record level growth, as a result of our relentless focus on guest satisfaction, product expansion, employee gratification, and the tremendous support of the travel advisor community," said Brian Schwimmer, Rental Escapes CEO and co-founder.
"Our rapid growth solidifies our dominant position as leaders and trusted partners in the luxury villa rental space."
As part of this growth, Rental Escapes says it has achieved a number of major milestones, including:
Employee Growth and Expansion: Since the start of 2022, Rental Escapes has increased its headcount by more than 25% and is continuing to add key personnel in various departments.
In addition to its new chief marketing officer announced earlier this year, Rental Escapes has recently hired Samantha Meehan as its new VP of guest experience, Dimitri Fourlas as director of concierge, and promoted former villa specialist Justin Verrall to director of sales.
Product Inventory Increase: Rental Escapes has increased its inventory of luxury villas to 5,000 properties, an increase of over 20% since the start of 2022, and by year's end is expected to increase its product catalogue by over 45% in order to meet demand.
The company says it has seen unprecedented desire for luxury villa rentals in destinations like the Caribbean, Mexico, Europe and the U.S. and has reported a record number of sales month after month.
New State-of-the-Art Office Space: To match the speed of its rapidly expanding team, Rental Escapes is building a brand new office in its headquarters of Montreal, which is slated to open just ahead of the company's 10-year anniversary in fall 2022. The new office will feature state-of-the-art technology, unique work spaces, and tools to keep the Rental Escapes team at the forefront of the booming luxury villa rental market.
With a rapidly expanding portfolio of premium luxury vacation properties around-the-world and a growing team with a new office, Rental Escapes says it will continue to excel in assisting travel advisors and consumers as they look to book their long-awaited, bucket list vacations.
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