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| “With this round of financing and welcoming Carl to our Board as a professional with the highest-level of experience in M&A and strategy in the Vacation Rental industry, I am excited to begin the next phase of our global expansion,” Aurelie Lepercq CEO of Edge Retreats says. These new developments enable Edge Retreats® to continue to pioneer its hybrid model of High-Touch and High-Tech within the high-end rental travel sector. Since the onset of COVID-19 in 2020, luxury vacation rentals have piqued global travelers’ interest as the model has proven to best meet their increased need for space, privacy, and the ability to work from anywhere in the world. “The vacation rental industry has been the fastest growing segment in travel for the past fifteen years, and I expect this to continue for at least the next decade as more travelers seek enhanced privacy for their families while on vacation,” Carl Shepherd says. “The luxury sector in particular has seen above-market growth during the pandemic and industry trends indicate that demand will continue to grow in the years to come. I am excited to join Edge Retreats and share Aurelie’s vision,” Shepherd adds. Carl Shepherd is generally recognized as being one of the founding figures in the modern vacation rental industry having co-founded HomeAway in 2004 and selling it to Expedia in 2015. He will bring his expertise to Edge Retreats® and its Board of Directors. Shepherd has served on the Board of the @LeisureGroup, which was sold to OYO Vacation Homes in 2019, and was an investor and Board Member of Turnkey Vacation Rentals, which was sold to Vacasa, an international vacation rental management company, earlier this year in advance of Vacasa’s expected IPO. “One of the largest opportunities yet underfunded area in the Travel industry lies in building products to serve the affluent, luxury market which is particularly drawn to private homes as the base for their vacations,” Lepercq says. This area of the industry is well positioned for expansion post-Covid and Edge Retreats anticipates seeing further tremendous growth across its unparalleled global luxury vacation rental portfolio. Edge Retreats luxury vacation rental platform provides elite travelers with access to private retreats ranging from private islands, ski chalets, vast estates, lavish designer homes, private islands, castles, and beachfront properties. Edge Retreats® pairs its unmatched astounding properties with its exclusive white-glove dedicated concierge service team to meet the affluent traveler’s every need, including private chefs, drivers, nannies, yachts, helicopters and more for highly coveted experiences. For more information visit www.EdgeRetreats.com. About
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