Premier Online Marketplace for Buyers, Sellers & Renters of Vacation Properties with 36% EBITDA Margins

Overview
- Secondary timeshare marketplace for buyers, sellers and renters of vacation properties
- Resale and rental of unused timeshare weeks
- DIY and full-service options
- 2.5 million users
- 500,000 site visits per month
- Robust mix of service offerings and price points

Future Story
Increase share in $2.8 billion rental and resale market
→ Increase uptake of online booking platform
→ Grow brand recognition through aggressive marketing strategy
→ Launch multi-tiered memberships to grow EBITDA by $1 million
Sustainability
→ Profitable during COVID-19 and enjoying strong growth in demand in 2021
→ Recurring revenue through auto-renewing membership fees
→ Fully remote workforce and online-only business model
Defensibility
→ Excellent brand reputation
→ Lowest-cost provider in the market