Rocky Mountain Vacation Rentals Ranks #9 in the Travel Industry Segment of Inc. Magazine's 2011 Top
RMVR Ranks #1410 on the 2011 Inc. 5000 list and #9 in the Travel Industry with three year sales growth of 201%
Online, August 24, 2011 (Newswire.com) - Rocky Mountain Vacation Rentals (RMVR) is pleased to announce their debut in Inc. Magazine's 2011 list of America's Top 5000 fastest-growing private companies in the USA, placing 9th in the travel industry and #1410 overall. The Inc 500|5000 list is one of the most prestigious business accolades for aspiring entrepreneurs. Rankings are based on percentage of fiscal year revenue growth from 2007-2010.
RMVR's owner and founder Tommy Z. Hoffman captures the company's 201% revenue growth in three words, "FRIENDLY.KNOWLEDGEABLE.LOCALS.®". RMVR's organic growth is a result of utilizing a local staff in each destination, recognizing the vast difference it makes when someone can offer local insight to the area when planning a vacation. This concept has grown RMVR's referral and repeat client business to nearly one third of their total reservations.
"We can suggest a property because we've seen it, we can recommend epic ski runs because we are avid skiers and lastly we will be there during your vacation to answer any questions. No one else in the industry possesses the passion and product knowledge we have and it has clearly made a difference in the story of our success," states Hoffman.
Since its founding in 1998 in the Vail Valley, Rocky Mountain Vacation Rentals has grown exponentially spanning across the Colorado Rockies offering nine resort markets with an expansive lodging inventory ranging from hotels, condominiums, lodges and private homes. RMVR's strategic partnerships with companies such as Navis Technologies and Inntopia has allowed them to streamline their operations, while providing customers with new features such as online bookings for over 10,000 properties. RMVR is excited for their future growth into new resort markets outside of Colorado, which will include Park City and Lake Tahoe in 2012 followed by Jackson Hole and Whistler, BC in 2013.
Methodology
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
Contact
Cali Adkisson
877-578-1507
Cali.Adkisson@RockyMountainVacationRentals.com