Now in its fifth year, the competition aims to bring the most innovative young startups in the vacation rental industry into the limelight. This year’s three finalists have been chosen and the competition will move on to the final round at the Vacation Rental World Summit on 16-17 September in Annecy, France.
The VRTECH Startup Competition showcases young tech companies creating innovative solutions for the vacation rental industry. This year’s contestants covered a wide array of tech innovations including guest screening, CRM, digital guidebooks, property management systems, housekeeping tools, and more.
From a total of 20 participating startups, three finalists were chosen by different sets of judges:
Finalist 1: Rented [chosen by a jury of property managers]
Rented provides technology, tools, and services to help vacation rental professionals optimise their portfolio of properties. Its Automated Rate Tool – Art – is described as the only dynamic pricing software built for and by professional short-term rental revenue managers. With Art, property managers are empowered to set the right price for every property, with intelligent rate recommendations and easy custom adjustments.
Finalist 2: Vintory [chosen by a jury of experts and investors]
Vintory claims to be the first and only CRM and sales and marketing automation platform designed exclusively for vacation rental managers to grow their inventory. Vintory’s vision is to accelerate the growth of the vacation rental market to become the preferred place to travel, work, rest and invest.
Finalist 3: Turbosuite [chosen by the general public]
Turbosuite is a SaaS-based revenue management technology company specialising in vacations rentals. Turbosuite uses predictive analytics using big data [two million data for each apartment and day]. Its price forecast uses a linear regression algorithm and its channel management services uses application of tariff plans segmented by customer.
The three chosen finalists [one selected in each round] will present their business in front of property managers and owners at the Vacation Rental World Summit. The crowd will then decide who takes home the award.
As a judge on the property manager jury, OVO Network founder Tim Andrews said: “I think it is fantastic that VRTECH is putting this together both for the individual companies and for the industry as a whole.”
Adobe PR director and judge on the expert jury, Jessica Gillingham, said: “Really, really impressive bunch of pitches!”
The VRTECH Startup Competition 2021 jury is made up of reputable members of the investment, travel and vacation rental communities:
The expert jury: Dustin Figge [Founder, Homelike]; Jessica Gillingham [Director, Adobe PR], Julia Lane [Consultant, Parlay Vous]; Margot Lee Schmorak [CEO, Hostfully]; David Soskin [partner at Howzat Partners]; Sean Worker [CEO, T5 Strategies].
The property manager jury: Tim Andrews [Founder, OVO Network]; David Angotti [Co-founder, SmokyMountains.com]; Jesse de Pinto [Co-founder, Frontdesk]; Ellie Paget [Founder, HomeSlice Stays]; Terry Whyte [Owner, Anna Maria Island Beach Rentals aka Vacation Rental Tech Guy]; Pablo Zubicaray [CEO and founder, OlaLiving and YelloLiving].