Vacation rental metasearch platform HomeToGo is expanding its offerings to bring in mid-term rentals.
The company says the move follows an excess of $50 million in booking volume it saw in 2018 for mid-term rental properties.
HomeToGo, which was founded five years ago, has been focused on short-term rental aggregation, but says that when it saw the booking volumes and the amount of inventory it already had available, the move made sense.
The Berlin-based business has more than two million mid-term rental accommodation offerings on the platform from some 130 providers, and the business development team will seek further partners to extend this.
The platform will also be developed with new filters to help users find mid-term rentals more easily.
Mid-term rentals are defined as stays of 28 days or more.
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HomeToGo chief executive officer Dr. Patrick Andrae says: “I strongly believe that HomeToGo is the largest search engine not only for short-term vacation rentals but also for mid-term rentals.
"The fact that more and more city-centric inventory has shifted from short-term to mid-term rentals underlines the necessity to take this sector seriously.”
The company has had an interesting six months with its acquisition of Casamundo in early October and the announcement of its purchase of the assets of U.S-based rival Tripping.com in early December.
The Tripping.com acquisition was announced at the same time as a Series C funding round, which brought HomeToGo’s funding to $150 million following previous rounds in 2015 and 2016.