This service boasts that it offers the world’s largest search engine for short-term rentals and vacation homes, because it allows travelers to compare accommodations available across some of the world’s top rental sites, such as HomeAway, VRBO, TripAdvisor, HouseTrip, Interhome, Roomorama and Booking.
“We find most travelers visit five sites before they book,” said Jeff Manheimer, a founder and the chief operating officer for Tripping.com. Its listings include regional and small networks besides the bigger services like VRBO. “A transaction that was offline is increasingly coming online,” he said.
O’Neal said she plans to use the new money to hire new employees and ramp up marketing, including running a TV ad campaign in the U.S. and potentially Europe. “The reasons we raised this round was to get aggressive both here in the U.S. and abroad,” she said in a phone interview. “I would love to do a billion dollars in bookings next year.”
In the last year, the company doubled its property listings to 10 million – five times that of Airbnb – making it the world's largest search engine for vacation homes and short-term rentals. The company is on track to generate over $500 million in gross bookings this year, a 600 percent increase over 2015.
Finding a vacation rental has historically been a trying and time-consuming task, requiring visits to multiple sites, calls to local property management companies, back-and-forth conversations with property owners… And all you wanted to do was find a great place to spend some time away. That’s where Tripping.com comes in.
“You want your product to be a cultural fit,” said Jen O’Neal, who is the CEO of Tripping.com (the company is the world’s largest vacation rental search engine with more than 8 million listings). “Cultural tastes can vary dramatically across borders. For instance, we launched Tripping.com in Germany specifically because German people have a long history of staying in vacation rentals both within the country and throughout Europe.”
As of Monday, Tripping.com, a leading vacation rental website, said there were more than 1,400 vacation rental properties available this weekend, with the most affordable rate being $60 per night. Jen O’Neal, CEO of Tripping.com, said the availability of rooms ranged from affordable apartments to a three bedroom oceanfront condo for $426 per night.
Jen O’Neal, founder in CEO of vacation-rental metasearch site Tripping.com, believes consumer behavior when it comes to searching for vacation rentals has already undergone dramatic change. “The vacation rental market isn’t just evolving towards the way consumers shop for hotels — it’s already there and it’s taking off in a big way,”
"We saw a similar trend with the pope's visit last year and the Super Bowl in February," Jen O'Neal, founder and CEO of Tripping.com, said. "Owners are becoming increasingly savvy about offering their properties at competitive prices in advance of major events. Of course, asking for more per night doesn't mean you're guaranteed to get a booking."
Tripping.com, a search engine that aggregates rental properties from websites such as VRBO, HomeAway, and TripAdvisor - luxury condos, furnished beach houses, ski cabins, and bungalows in 150,000 destinations worldwide - said Monday that more short-term rental-home inventory remained available in Cleveland - 79 percent compared with 52 percent rental homes still available in Philadelphia during the Democratic gathering.