ResortQuest International has entered into an agreement with Vacation.com that makes ResortQuest the preferred provider of vacation rental homes to approximately 10,000 travel agencies, representing 50,000 travel agents.
Vacation.com represents approximately 33 percent of the leisure travel agents in the industry, providing ResortQuest with a large opportunity to increase its already industry-leading market share in the vacation home rental management business. ResortQuest will work with the travel agent group to develop product knowledge of agents, on the vacation condo and home rental business.
In addition, agents will gain knowledge on ResortQuest`s differentiated offerings, including numerous properties in drive-to markets across the country, as well as the industry`s first accommodations rating system.
Terms of the partnership were not disclosed. ResortQuest will become the preferred supplier to the Vacation.com network of travel agents beginning on January 1st, 2002.