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Industry News for Vacation Rental Managers

Seaside Vacations in Outer Banks Acquires Kitty Dunes Rentals and Realty

Seaside Vacations in Outer Banks Acquires Kitty Dunes Rentals and Realty
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VRM Intel Staff
December 4, 2013

Seaside Vacations and Coldwell Banker Seaside Realty Announce the Acquisition of Kitty Dunes Rentals and Realty.

December 04, 2013 –Gordon Jones, President and CEO of Seaside Vacations and Coldwell Banker Seaside Realty, is pleased to announce the acquisition of Kitty Dunes Rentals, Kitty Dunes Realty, and Colington Realty all North Carolina-based companies. Kitty Dunes has a rich 43 year history on the Outer Banks, manages over 200 vacation rental homes and has offices in Kitty Hawk, Colington, and Corolla, NC.

Through this acquisition, Seaside Vacations expands its leadership role in the Outer Banks vacation rental industry. Coldwell Banker, a proven leader in real estate sales in northeastern North Carolina, will experience increased market share through this integration. The acquisition agreement was closed last Wednesday, November 27, 2013, having been approved by Gordon Jones, President and CEO of Seaside and Jack Neighbors, President of Kitty Dunes.

“The Kitty Dunes name is well known on the Outer Banks and the focus at Seaside will remain the same – creating the most amazing experience on the Outer Banks by offering the best vacation homes,” said Jones, President and CEO of Coldwell Banker Seaside Realty and Seaside Vacations. “By combining the teams and the inventory of Outer Banks vacation homes, we can bring the Outer Banks vacation experience to even more visitors each year.”

Jack Neighbors, President of Kitty Dunes agrees. “Seaside Vacations is the perfect fit for Kitty Dunes. Their property management team is well-respected in the market, led by an ambitious entrepreneur in Gordon Jones. Combining that with the synchronicity of systems that exists among our businesses, preferred vendors, in house technology, and similar processes, we are united by a common vision centered around a passion for driving the consumer experience. One of the greatest benefits I see for Kitty Dunes homeowners will be the opportunity to receive three times as much marketing exposure without incurring any additional costs.”

The Outer Banks has proven itself as a favorite vacation destination for more than 20 years. Companies like Kitty Dunes Rentals and Seaside Vacations have been here through all of the changes and have weathered many storms, economic and tropical in nature.

“The vacation rental industry and real estate market on the Outer Banks has evolved greatly since its early days,” said Jones. “At Seaside Vacations, we continue to improve our service offerings, including pool and spa, maintenance, and linen services. In recent years, we have simplified the vacation experience by integrating Club Seaside, a program designed to offer packages to visitors unfamiliar with all the area has to offer. Coldwell Banker Seaside Realty continues to be a leader in the real estate market by tapping into the brand recognition of the franchise, Coldwell Banker, and leveraging the unending supply of technology and tools to market to potential home buyers.”

Kitty Dunes Rentals and Realty was founded in 1970 and opened its doors at its current Kitty Hawk location of 3620 N. Croatan Hwy at that time. Seaside Vacations has relocated to the Kitty Dunes office in Kitty Hawk on December 1, 2013. Coldwell Banker Seaside Realty will continue to operate at 4900 N. Croatan Hwy in Kitty Hawk, NC. Seaside Vacations will begin operations at the Kitty Dunes Realty office located in Corolla at 1109 Ocean Trail, Suite A in the Corolla Village shops.

Read the full story at http://www.prweb.com/releases/2013/12/prweb11391037.htm

 

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Industry News for Vacation Rental Managers
December 4, 2013
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VRM Intel Staff

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