Kissimmee is dubbed the “Vacation Home Capital of the World”. The mission of Ace is to facilitate the emerging trend of experiential hospitality with vacation homes. As the vacation home industry continues to expand Ace desired to create alignment with the owner, developer and renter. The importance of alignment can be witnessed daily across the vacation rental community spectrum. In a typical scenario the developer creates the community, sells vacation rental dwellings and builds an amenity package to enhance the sales process. As the community sells out the developer turns the amenity over to the owners’ association and the developer exits. At this point the misalignment begins to occur. The support from the developer for the community and its amenities wanes as the sales process closes. The owners’ association is ill equipped to manage the community and amenity due to inadequate funding. The owners desire occupancy for their rental dwellings and hire a multitude of rental management companies who proceed to create occupancy based on rate competition. The plethora of competing rental managers have no equity in the community and are fee based. As the rental managers compete for occupancy they drive down average daily rate and the downward spiral of the vacation rental community accelerates. The owner is left to manage a fragmented community competing with other owners in a declining rate and occupancy scenario. This is not a healthy outcome.
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KEY FACTS ABOUT VSTAYS LLC
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US Businesses
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Companies in Florida
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Polk County Companies
- Company name
- VSTAYS LLC
- Status
- Active
- Filed Number
- L18000012604
- FEI Number
- APPLIED FOR
- Date of Incorporation
-
January 16, 2018
Age - 8 years
- Home State
- FL
- Company Type
- Florida Limited Liability
CONTACTS
- Website
- http://vstays.com
- Phones
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(407) 690-0083
VSTAYS LLC NEAR ME
- Principal Address
- 7835 OSCEOLA POLK LINE ROAD,
REUNION,
FL,
33896
See Also