July 2024 numbers are out! *** Les chiffres de Juillet 2024 sont sortis!
🚀 Our July numbers are out! Despite a major slowdown felt by many in the vacation rental industry, we achieved 150% growth and are still on track to double our revenue from last year. 🌟 July 2024 marked a couple of exciting firsts for us: - We hit a first 7-digit booking volume paid by guests sent to hosts. - We reached 6-digit monthly revenue for the first time. - We also had a record number of last minute bookings. A downturn might seem like bad news, but it can be great for WeChalet. During downturns, hosts look to maximize the exposure of their properties on more platforms. Since we specialize in nature rentals, many hosts are turning to us more than ever in this segment. On WeChalet, it’s free to list, and we do bring Hosts more bookings! In parallel, we also delivered our second PMS integration with Lodgify and launched a new feature allowing trip searches by all-inclusive prices. This positions us to integrate with a major global travel player to be announced in the Fall 2024, which will boost our inventory’s exposure and revenue. 🌐 Fun fact: Back in July 2019, our first summer, we had just 9 bookings. This year, even in a downturn, we hit close to 700 bookings, fully bootstrapped with 3 employees. 📈 With lots of growth hacks in the pipeline, I believe it’s quite possible to reach 10,000 monthly July bookings within the next 3 years, fully bootstrapped if needed. We also just came back from our Canadian Trade Mission with QueerTech in Los Angeles, where we met some very promising investor leads, including early investors in Amazon, who seem to love WeChalet. As Jeff Bezos likes to say, it’s always Day 1 and we’re just getting started. 🌲😎☀️ #growth #vacationrentals #innovation #startup #WeChalet