Luxury Retreats, a leader in luxury villa rental providing personalized villa vacations, recently announced it has raised $5 million in capital.
Luxury Retreats is led by its Founder and CEO Joe Poulin , who at 17 years old founded the luxury villa rental company from his bedroom. After having built a website for a villa owner, Mr. Poulin envisioned building a website that would offer luxury villa rentals targeting the affluent traveler. The website was launched in May 1999.
Today, Luxury Retreats has become the world’s largest luxury villa rental company, with an unmatched portfolio of more than 2,000 hand-picked, personally inspected villas in over 50 destinations worldwide.
“We are excited to announce this funding. Up to this point, we have been very successful in servicing our rapid internal growth by redeploying profits internally, enabling us to maintain our position as the largest luxury villa rental company in the world,”
said Joe Poulin , Luxury Retreats’ founder and chief executive officer.
“This capital provides us the additional financial flexibility to pursue opportunistic investments to enhance our long-term growth plans, with our ultimate goal to remain the leading player in the global luxury rental market.”
Unlike other vacation home rental companies, there is no membership fee required to rent with Luxury Retreats. Every villa is personally inspected, ensuring the very best in villa rental standards and quality. As a full service villa rental company, Luxury Retreats offers all guests complimentary concierge services, worldwide guest services support, as well as villa specialists who help travelers find the right luxury villa rental to fulfill their dream vacation. Luxury Retreats plans to add at least 50 new destinations such as London and New York City in the next twelve months.
“Luxury Retreats has redefined the luxury villa space via its leading online travel portal and its management team’s unique understanding of the luxury travel sector,”
said Chris Arsenault , Managing Partner at iNovia Capital.
SOURCE Luxury Retreats. Featured villa: Ani Estate, Anguilla.