Koala, a timeshare marketplace that is attempting to bring Airbnb-style digital marketplace to the old-school timeshare industry, launched in August of this year.
The company provided Business Insider with a copy of the pitch deck it used to raise that Series A round. Short-term rental startup Koala launched an online marketplace for timeshares in August, hoping to bring Airbnb-style digital transformation to a decidedly old-school form of travel. Timeshares, which launched in the United States in the 1970s, are residential-style vacation units that are owned by a group of people, providing them each with a set period of time to use the property. If they're unable to use it, they still have to pay a yearly fee for the property.
Guests can only book for the whole duration of the timeshare, instead of picking and choosing for smaller stays, like they're able to do on Airbnb.Hotel lenders are racing to dump risky loans as the hospitality industry nears a breaking point, with defaults stacking up and high-profile properties starting to shutter
How is this defensible against Airbnb Expedia vrbo?
maybe what the niche market for time shares needs
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