Reservations and distribution startup BookingPal banks $1.5M for vacation rental push
BookingPal now has $1.5 million in the tank to fuel an ambitious goal: building a global distribution platform for vacation rentals.
The funding has come from a group of “prominent” unnamed angel investors.
The company centralizes reservations, thus allowing rental properties to be available on OTAs and other listing websites.
The key concept is that the vacation rentals supply is highly fragmented, with inventory spread across many sites. It makes it difficult for the customer to truly have an easy overview of what’s available for a particular stay.