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Tourico Holidays Names Steve Caron VP of Vacation Rentals

Tourico Holidays

Tourico Holidays Names Steve Caron VP of Vacation Rentals.
Vacation-Home Industry Expert to Head Rapidly Growing Vacation-Home Rental Business.

ORLANDO, Fla. April 24, 2013 Tourico Holidays, an innovative leader in travel wholesale, today announced the appointment of Steve Caron as Vice President of Vacation Rentals. Caron has more than 20 years of experience in the vacation-home rental business, and has managed tens-of-thousands of vacation rental properties throughout the world, as well as several online booking platforms servicing the industry.

Most recently, Caron was the Co-Founder and Vice President of Business Development for online vacation-rental business, Packlate.com, where he oversaw the technology development as well as all business development and supplier relationships. Prior to Packlate, Caron was the President of VRGateway, the then largest online marketplace for vacation rentals. Earlier in his career, he was CIO/CTO of ResortQuest International as well as Co-Founder of Sterling Resorts, the largest publicly traded and privately owned vacation rental management company in the U.S.

“There’s nobody in the travel industry that can rival Steve’s knowledge of the vacation-rental business,” said Uri Argov, CEO of Tourico Holidays. His experience in this particular industry is extremely rare and he will be a tremendous asset as we continue to globally scale our vacation-rental business to include unique destinations such as Poland, Thailand, Dubai, South Africa and Malta. I’m looking forward to working closely with Steve to advance the reach of our vacation-rental program into all areas of the world and building upon our early success.”

Since launching its vacation-rental business in 2010, Tourico Holidays has become the largest single provider of global vacation home inventory. The company offers inventory in three continents and hosts the deepest selection of vacation homes in top U.S. destinations such as Miami, Orlando, New York City, Las Vegas and Hawaii.

According to an independent study conducted by PhoCusWright, the U.S. vacation home rental market is estimated to be a $25 billion dollar industry, growing over the last several years despite a depressed economy. Moreover, according to PhoCusWright, the vacation home rental market equals 20 percent of all hotel room revenue in the United States, and 8 percent of total U.S. travel spend.

“Vacation home rentals have quickly become a popular alternative to hotels for many travel bargain hunters because of their tremendous value,” said Arnold Walter, President & CEO for FareBuzz.”Working with Tourico Holidays, we have access to thousands of vacation homes around the world at our fingertips. Having a partner that can provide us with immediate, high-quality inventory that fits a range of traveler tastes definitely gives our agency a unique edge on the competition.”

Companies interested in this expanding product line and Property Management Companies interested in participating in the program should visit: www.touricoholidays.com/vacationhomes.

About Tourico Holidays

Tourico Holidays, a subsidiary of Travel Holdings, Inc., is a leading global travel distribution company that contracts directly with travel providers, such as hotel, cruise lines, attractions, ground transportation and more. Tourico Holidays works on a high-volume, wholesale model to broker this inventory to over 4,600 clients in 100 countries using proprietary technology.

Press Contact:
Jeff Pecor
Tailwind PR
802.497.1932
jeff@tailwindpr.com

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TH Adds More Vacation Homes and Destinations with LeisureLinkTM

Tourico Holidays

Tourico Holidays Adds More Vacation Homes and Destinations with LeisureLinkTM.
 

ORLANDO, Fla. – July 17, 2012 – Tourico Holidays™, a global wholesale travel provider, announced today that it has established a direct connect partnership with LeisureLinkTM, the leading provider of revenue management, listing distribution and real-time market data for hospitality providers. This connectivity will greatly expand Tourico Holidays’ global distribution network to include more than 1,000 “LeisureLinked” properties. By having direct access to a wider range of properties, Tourico Holidays will provide its clients with greater visibility into real-time inventory for many popular destinations and enable the automatic confirmation of vacation home reservations.

In 2010, Tourico Holidays launched a vacation home rental program that is unique to the travel industry. This program features real-time inventory and makes it possible to book and confirm reservations online using an interface that is standard in the hotel industry. With the addition of LeisureLinks’ inventory, the Tourico Holidays’ vacation home program now boasts over 22,000 properties across 33 countries.

LeisureLink’s Marketspan Guest Generation CRS is an innovative distribution platform that provides access to independent vacation rental properties, timeshares, villas, bed and breakfasts, condo hotels and boutique resorts throughout the U.S., Canada, Mexico, Europe and the Caribbean.

“As an integrated, distribution and revenue management platform, LeisureLink can provide access to the right product, in the right destinations, at the right price to Tourico Holidays’ clients,” said Erik Hovanec, CEO, LeisureLink. “We look forward to working with Tourico Holidays to create increased demand and better meet customer needs.”

“The vacation home program has been a major success for Tourico Holidays since its launch in 2010,” said Asi Ginio, Executive Vice President for Tourico Holidays. “The program’s bookings have nearly doubled month over month, which is a clear indication that our clients appreciate the convenience and selection that we’ve brought to the vacation home booking process. Our partnership with LeisureLink is a perfect complement to the program, expanding our available inventory, and strengthening our position as the only wholesaler offering instant, confirmed vacation rental reservations.”

About Tourico Holidays

Tourico Holidays is a subsidiary of Travel Holdings, Inc., a worldwide travel distribution company. Tourico Holidays is a global wholesale travel provider with over 150 international distribution websites and more than 23,000 merchant hotel agreements, operating in 23 languages in over 100 countries. As a supplier to over 4,300 tour operators and travel agents, Tourico Holidays operates and maintains global websites and online interfaces that serve a large diversity of travel sellers.

About LeisureLink, Inc.

Founded in 2006, LeisureLink is a private, high-growth company headquartered in Pasadena, California, and funded by leading Southern California venture capitalist firms Clearstone Venture Partners and Mission Ventures, with a strategic investment from Wyndham Worldwide. Over 1,500 “LeisureLinked” independent vacation rental properties, timeshares, villas, bed and breakfasts, condo hotels and boutique resorts throughout the U.S., Canada, Mexico, Europe and the Caribbean trust our online system to manage their brands, maximize their profitability, streamline their revenue-driving efforts, and put heads in beds, every day.

Press Contacts:

Tourico Holidays
Jeff Pecor
(802) 497-1932
jeff@tailwindpr.com

LeisureLink
Sara Nazarian
(310) 556-4443
snazarian@ppmgcorp.com