The company provides luxury vacation home communities that specialize in offering resort-style amenities through different brands, Nick Falcone, a managing member of Rentyl told GrowthSpotter.
As part of the agreement, Homes & Villas by Marriott International will offer Rentyl managed properties to guests in the greater Orlando area including Encore Capital Management’s Margaritaville Cottages Orlando, Encore Resort at Reunion and the soon-to-be completed Bear’s Den and SPECTRUM+ luxury developments underway at Reunion Resort in Kissimmee.
The resorts offered through Rentyl represent approximately 1,800 homes and cottages with more than 9,000 rooms.
Its portfolio on the Homes & Villas website will feature a mixed-bag of different experiences ranging from lofty two-bedroom condos to grand luxury homes with up to 13 bedrooms.
Homes and cottages will be available on the website by mid-October, Alyssa Bushey, head of marketing for the company, said.
The partnership enables Marriott guests to earn and redeem loyalty points when booking a short-term rental, just as they would when booking a stay at any of their brands, including W Hotels and Ritz-Carlton.
The Bethesda, Maryland-based hotel operator launched the home-rental program earlier this summer in a move seen by those in the field as a way to stay ahead of the expanding lodging industry, which more recently includes home-sharing service companies like Airbnb.
Alike to Marriott International’s initiative, the deal enables visitors to book stays through the Wyndham portal, and allows guests the ability to earn and redeem points from the company’s Wyndham Rewards loyalty program. In addition, owners are able to exchange their Magic Village nights for stays at Wyndham hotels.
Rentyl properties offer 24/7 support and check-in services as well as access to beaches, water parks and resort-style pools and spas. Other services include activity programs, child-friendly items upon request and in-home chefs and bartenders or food catering options.
Luxury Residential Resorts (LRR) manages the vacation rentals and operates as a subsidiary of Rentyl.
Nick Falcone adds the company brands also include Beachwalk in St. John’s County and Paramount H in the large Miami World Center mixed-use development.
“The goal is to take these brands and replicate them,” Nick Falcone said of future plans. He adds he would eventually like to have “dozens if not hundreds of communities in major tourism destinations throughout the world.”
Editor’s note: A previous version of this story incorrectly stated Luxury Reunion Rentals (LRR) is a subsidiary of Rentyl. The story has been updated to reflect Luxury Residential Resorts (LRR) as the correct subsidiary of Rentyl.