There are thousands of property managers, real estate investors, and online travel agencies that rely on accurate data to make informed decisions regarding the short-term rental industry. Enter Transparent. The startup builds and maintains a platform that aggregates data on vacation rental market conditions including prices, occupancy, and competition. Since its founding in 2016 by travel entrepreneurs Pierre Becerril, Nil Sanz, and Drew Patterson, the company has collected millions of anonymized reservations and indexed more than 36 million listings globally to help thousands of users make sense of the rental industry.
“Given JetBlue’s interest in offering short-term rental options to its customers, coupled with the travel industry’s demand volatility during COVID-19, accurate data is imperative to making sound business decisions. Our investment in Transparent not only provides us with valuable insight in the short-term rental market, but also a partnership with one of the leading startups in the vacation rentals space.”
—Ryan Chou, Investment Principal, JetBlue Ventures
“1 in every 3 beds available to travelers in the U.S. are hosted in a vacation rental. As travelers’ appetite for this type of accommodation grows, there is a need for business intelligence tools to help market participants make informed decisions on pricing, investment, and strategy. JBV’s interest in our company is reaffirms that vacation rentals are a major player in the travel and hospitality ecosystem.”
—Pierre Becerril, Co-Founder and CEO, Transparent
JetBlue Technology Ventures invests in short-term rental analyst Transparent
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Transparent launches global vacation rental data platform