“Vacation rental managers represent one of the largest and fastest growing industries, and their days of paying full retail to stock and furnish units are over. It’s time for them to come together at HostGPO to enjoy the deep discounts and unique deals that a major industry deserves."
LOS ANGELES (PRWEB) June 25, 2019
Today, HostGPO.com, the first group purchasing organization for the vacation rental host community announced that they have officially opened membership registration to the public. After 6 months of sourcing deals and partnerships, HostGPO is now offering vacation rental hosts and managers free membership access to its deals. They plan to become the largest international collective purchasing association in the industry.
Due to the increased popularity of services like Airbnb, Homeaway and VRBO, the Vacation Rental market grossed $120 billion in revenue in 2018. In the United States, alone, there were over 23,000 professional vacation rental operators; and this industry has been booming at an average annual growth rate of 8.5% over the past decade. HostGPO is consolidating the tremendous collective bargaining power of this industry, with a focus on products such as furniture, home goods, and unit supplies. This will allow hosts with even just a few units to leverage better-than-wholesale offers worthy of a hospitality giant.
Michael Skiles, CEO of HostGPO, said “Vacation rental managers represent one of the largest and fastest growing industries, and their days of paying full retail to stock and furnish units are over. It’s time for them to come together at HostGPO to enjoy the deep discounts and unique deals that a major industry deserves.”
Group purchasing organizations act as collective bargaining agents, securing significant discounts for their members in exchange for the large volume of sales their members generate. HostGPO intends to serve vacation rental hosts in the same way that other long standing industry-specific GPOs have done for years - Direct Co-Ops for small businesses, Sourcewell for non-profit and educational institutions, and the Healthcare Supply Chain Association for healthcare providers.
HostGPO will offer deeply discounted deals from leading brands and emerging innovators on everything vacation rental hosts need, including furnishings, appliances, electronics, software, home goods, kitchen, bed and bath, and art. HostGPO is also eager to work with companies ready to offer quality products at a discount in exchange for the boost in sales that will come from being a preferred choice of the hosting community. Potential partners can connect with HostGPO at partnerships.hostgpo.com
About HostGPO: HostGPO.com is an international group purchasing organization for short-term and vacation rental hosts. It was founded in 2019 and is based in Los Angeles, CA.