housetrip.com, the European holiday rentals portal launched in September, has already attracted attention at the 2009 World Travel Market.
The free-to-list portal, which covers property and rooms for short-term rent, was chosen as the best of a group of 17 start-ups after two days of product pitches. According to the housetrip.com blog, judging panel member Jason Katz described the portal as having the highest risk/reward ratio for potential investors.
housetrip.com’s award was part of the World Travel Market’s GetFundedShow, organised by online travel news website EyeforTravel. The World Travel Market’s attendees included over 25,000 travel professionals and almost 3,000 press members.
housetrip.com allows property owners to auction rental periods when demand for their property is high, and gives them the ability to create groups where people with similar interests can advertise their properties. The portal charges property owners a commission between 5 and 10 percent when their property is rented.