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RedAwning Group

From EverybodyWiki Bios & Wiki

RedAwning Group
ISIN🆔
IndustryHospitality
Founded 📆March 2010 in Berkeley, California, United States
Founder 👔Tim Choate
Headquarters 🏙️,
Emeryville, California
Area served 🗺️
Key people
Tim Choate; Founder, CEO.
Members
Number of employees
99
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

RedAwning Group is a vacation rental platform that provides hotel-style online booking services for vacation rental properties.[1]

History

RedAwning was founded in March 2010 in Berkeley, California, California by Tim Choate. In Fall 2017, the company raised over $40 Million in funding.[2][3] Silversmith Capital Partners led the round.[4] The funding was used to double its staff and expand its business model to other territories.[5]

In 2015, RedAwning Group completed the acquisition of Perfect Places, Inc., a vacation rental listing website for an undisclosed amount.[6]

In February 2017, RedAwning partnered with Expense management provider TravelBank to offer user incentives to corporate clients.[7] Later in March, the company acquired VaycayHero, a vacation rental site for properties in the United States.

In April 2017, RedAwning began taking steps to comply with a San Francisco city ordinance that required companies that collect a fee to arrange rentals of unregistered homes to register these properties.[8]

In October 2017, the company was chosen by the San Francisco Business Times as one of the fastest growing companies in the Bay Area.[9]

In February 2018, Inntopia announced a RedAwning integration.[10]

In April 2018, RedAwning bought web services company Blizzard Internet Marketing and rebranded to RedAwning Group.[11] The Blizzard purchase price was not disclosed. This purchase was followed by a Choice Hotels integration with RedAwning.[12]

In May 2018, RedAwning Group partnered with Choice Hotels to increase the number of condominiums in 35 US resort destinations.[13]

Functionality

RedAwning operates by partnering with competitors' websites like Expedia, Priceline.com and Booking.com to insert itself as a liaison between the guest and the property manager to improve the vacation rental experience.[14] Unlike most short-term rental sites, RedAwning does not require proof of identification like a photo or driver’s license.[15]

In June 2018, RedAwning partnered with Amazon (company) to offer their services through Amazon's Amazon Alexa for Hospitality technology[16][17]

Operations

As of 2018, the company offers over 100,000 unique rental properties in over 10,000 destinations, including 40,000 properties in North America on behalf of 800 property managers.[14]

References

  1. ↑ Rosenbloom, Stephanie. "New Ways to Find and Book the Perfect Vacation Rental". The New York Times. Retrieved 24 July 2018.
  2. ↑ O'Neill, Sean (11 August 2017). "Vacation Rental Network RedAwning Attracts $40 Million Round: Travel Startup Funding This Week". Skift.
  3. ↑ Reyes-Velarde, Alejandra. "Vacation rental network RedAwning snags $40 million funding". www.bizjournals.com. Retrieved 24 July 2018.
  4. ↑ Griffith, Erin. "Term Sheet -- Tuesday, Aug. 8". Fortune. Retrieved 24 July 2018.
  5. ↑ O'Neil, Sean (11 August 2017). "Vacation Rental Network RedAwning Attracts $40 Million Round: Travel Startup Funding This Week". Skift.
  6. ↑ Staff. "RedAwning Acquires Perfect Places, Inc". The Business Journals.
  7. ↑ DeLuna, JoaAnn. "Expense Newbie TravelBank Signs Incentive Partners: Business Travel News". www.businesstravelnews.com. Retrieved 24 July 2018.
  8. ↑ Said, Carolyn (1 August 2017). "SF warns home-stay companies that hosts must register". SFChronicle.com. Retrieved 24 July 2018.
  9. ↑ Uwe, Gerard. "REDAWNING SELECTED TO SAN FRANCISCO BUSINESS TIMES' LIST OF 100 FASTEST GROWING PRIVATE COMPANIES IN THE BAY AREA". finanzen.at. Retrieved 15 August 2018.
  10. ↑ Clapp, Donnie. "Inntopia Announces RedAwning Integration". Inntopia. Retrieved 14 August 2018.
  11. ↑ Hinote, Amy. "RedAwning.com purchases Blizzard Internet Marketing and rebrands to Red Awning Group - VRM Intel". www.vrmintel.com. Retrieved 24 July 2018.
  12. ↑ Ting, Deanna (25 April 2018). "Choice Hotels Expands Its Vacation Rental Portfolio with Listings from RedAwning". Skift.
  13. ↑ スタッフ (21 May 2018). "【速報】ホテル軒数世界2位のチョイスホテルズ、民泊事業に本格参入 コンフォートホテルなど展開". 民泊・ホテル専門メディア Airstair (in 日本語).
  14. ↑ 14.0 14.1 Said, Carolyn (23 August 2017). "Startup seeks to make vacation rentals more hotel-like". SFChronicle.com.
  15. ↑ Trager, Marion Kirkpatrick. "Renter with fake ID hosts party, trashes short-term rental in East Nashville". WSMV Nashville. Retrieved 24 July 2018.
  16. ↑ Suppe, Ryan. "Alexa, what time's checkout? Amazon introduces Alexa for hotels". USA TODAY. Retrieved 24 July 2018.
  17. ↑ Prince, Todd (19 June 2018). "Amazon announces version of Alexa for hotels". Las Vegas Review-Journal. Retrieved 8 September 2018.


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