When we named the business Condo-World in 1985, I knew we were setting ourselves up for future growth that would take us far beyond North Myrtle Beach. The name Condo-World is, and will always be, one of our greatest assets.
NORTH MYRTLE BEACH, S.C. January 16, 2018
Condo-World, the Myrtle Beach area’s largest aggregate supplier of professionally managed vacation rentals, is pleased to announce the launch of a technology partnership with Homeaway Software to significantly expand Condo-World's rental offerings outside of the Myrtle Beach area. Property managers using ISI Link can now seamlessly distribute their properties to be marketed on one of the industry's most trusted and long established brands.
Founded in North Myrtle Beach in 1985, Condo-World has consistently expanded upon the traditional property management business model through strategic partnerships and savvy in-house tech operations. While their managed inventory is limited to North Myrtle Beach, the rise of API technology has enabled the company to develop a platform that allows for scale and growth in new markets and connect their vast customer base with vacation rentals in other destinations.
This innovative approach to collaboratively leverage properties outside of their rental program began in 2015, in response to a growing demand from their customer base for condo rentals in other parts of the region. The company soon discovered an untapped model for growth that closely mirrored the longtime vision of Founder and CEO, Roy Clyburn. “When we named the business Condo-World 33 years ago, I knew we were setting ourselves up for future growth that would take us far beyond North Myrtle Beach. The name Condo-World is, and will always be, one of our greatest assets,” says Clyburn.
The Condo-World Resort Collection was launched with a group of 9 resorts in Central and South Myrtle Beach, and has since grown to include 21 resorts and rental companies in all areas of the Grand Strand, generating nearly $20M in sales for these properties over the past 3 years.
“The success of our initial expansion in Myrtle Beach provided the empirical validation we needed to know it was worth taking this program to additional markets,” says Alex Husner, Chief Marketing Officer for Condo-World. “We offer a unique perspective as a booking channel that's also a property management company. Our understanding of the industry has allowed us to develop a platform that helps our partners increase visibility and drive revenue, while not taking away from their own marketing efforts. We provide immediate access to the guests' information once the reservation is booked, and we prefer for our partners to be merchant of record. Many of the properties we work with have been able to significantly reduce their reliance on higher commission OTAs because of the bookings we generate for them at a lower cost,” says Husner.
The stage has been set for Condo-World to diversify and strengthen its expansion program, and the company is now actively securing partnerships with resorts and rental companies in Destin, Panama City Beach, South Walton Beaches, Orlando, Hilton Head, Pigeon Forge, Gatlinburg and Gulf Shores, with plans to expand into other parts of Florida, Hawaii and the West Coast ski destinations in the near future. Condo-World is currently integrated with ISI Link, EscapiaNet and GuestDesk/IQware, with many other PMS and channel manager integration in the pipeline.
“We’ve created a unique way for our guests to visit these new destinations with a brand they know and trust, and we offer an exceptional customer experience that begins with Condo-World during the booking process and continues with our partners once they check in. We value the importance of establishing collaborative relationships with the resorts and rental companies who entrust us to promote their properties. We want to help our partners generate new business using our proven revenue producing model, and connect our guests with high quality rentals that are held to the same standards as our properties in North Myrtle Beach,” says Husner.
Founded in North Myrtle Beach in 1985, Condo-World has established itself as the preeminent source for condo rentals in one of the country’s most competitive tourism destinations. Condo-World manages approximately 400 oceanfront condos, beach homes and golf course villas in North Myrtle Beach, and is a leading provider of Myrtle Beach golf packages and tee times. Condo-World is committed to superior performance in each vital business discipline, including friendly and courteous customer service; through quality accommodations and continuous improvement; and by empowering its employees always to act in the best interest of our guests. The fulfillment of this mission is intended to enrich, in all ways, its customers, employees and their families, homeowners, shareholders and the community in which it operates.
For more information, visit Condo-World.com
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