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February 23, 2011 06:58 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-HjUPbqMr7g/
Forget HomeAway, Inspirato Is Like Timeshare For The Wealthy
Companies like Exclusive Resorts and Quintess cater to the wealthy by giving them access to luxury home rentals at relatively reasonable prices. If you're traveling with a family or multiple couples, it ends up being a lot less expensive than staying at a high end hotel. And it's definitely a better deal than buying a vacation home, unless you expect big gains in property values.There's a big "but" though. Like country clubs, you have to pay a large fee to get in. Hundreds of thousands of dollars to become a member. Here's how the Exclusive Resorts/Quintess model works: Pay a few hundred thousand dollars and then you get to rent the homes they own for about $1,000/night. That's not bad for, say, a $4 million home in Tuscany with five bedrooms. A home like that usually rents for 4x that. The picture above is one of the Exclusive Resorts Tuscany homes.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-HjUPbqMr7g/
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