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Company |
PackLate.com |
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http://www.PackLate.com
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Founded: |
December 2009 |
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City: |
Conshohocken, PA, Pennsylvania |
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Country: |
United States |
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CEO: |
Steve Barsh |
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Founders: |
Steve Barsh, Rob Di Marco, Steve Caron |
Category: |
eCommerce |
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Funding: |
Seed/Friends & Family |
Tags: |
Travel |
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Employees: |
6-15 |
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What does PackLate.com do?
PackLate is a marketplace for last minute vacation rentals where prices fall as the check-in date draws closer. PackLate enables consumers to snap up great last minute deals on over 7,000 vacation rental properties from professional managers in nearly 30 US destinations. PackLate offers an innovative way for consumers to save based on what they are already doing — waiting. We’re empowering the emerging trend of more consumers than ever waiting to make their plans. This last minute trend is based on several recessionary factors that are changing consumer behavior.
How are they different?
Unlike most vacation rental owner listing sites, all availability and pricing information on PackLate is 100% up-to-date and consumers can instantly make an online, confirmed reservation with a major credit card. PackLate’s user experience is completely streamlined and customers don’t have to deal with the typical back-and-forth process of emails and phone calls that come with using owner-listing sites. Getting a great last minute vacation rental deal is as simple as booking a hotel room. And, that’s really important when you are booking last minute.
Why could PackLate.com be BIG?
Vacation rentals is a $24B market in the US are there is a tremendous supply/demand imbalance.
How they plan to make money:
Property managers pay us a commission on the bookings we deliver.
Our thoughts:
No thoughts at the moment. Very interesting!