Futurestay Website, App Pushes Real Estate Rental Innovation Beyond Airbnb
June 27, 2017 | by Monica Link
Property owners with limited time could struggle with placing advertisements and signing up for multiple rental websites. New Jersey-based Futurestay.com, a website debuting an app in 2018, aims to make life easier for property owners wishing to rent out spaces part or full time. The service acts as a middleman, creating automation to allow multiple listings between Airbnb, HomeAway and other vacation rental websites.
“By automating the process of renting out a home, Futurestay impacts both sharing economy participants and commercial real-estate enterprises. Whether you’re renting out a single apartment in NYC or 50 luxury vacation villas in Bali, you have similar challenges at different scale,” S. Phillip Kennard, CEO of Futurestay told New York City Wired. “In the short-term rental industry, innovation is driven by traveler demand. With years of booking hotels online at sites like Expedia or directly, travelers are used to instant online booking, seamless communication, and consistent, trustworthy experiences. Now that we’re a $100 billion global industry, innovation isn’t optional.”
Among Futurestay’s success stories are Francine and Kevin Rollock from Canada. The couple launched their vacation rental business in 2009 on the coast of the Dominican Republic. They’ve since grown to nearly 20 rental properties, and have struggled with the manual, repetitive tasks of managing vacation homes ever since. Futurestay was a game changer for the rental entrepreneurs.
Do you want to know how Futurestay transformed Francine’s rental business? Read the full article here.