M&A

RentalRetreat.com Announces Acquisition of Leading NFC Chip Techology Company

Vacation rental managers are always looking for new ways to attract renters and display their rental homes. Rental Retreat’s investment in T.A.P. Tag Technology and their range of NFC enabled promo items seemed like a natural fit.

OCEAN CITY, N.J. (PRWEB) | April 01, 2019

RentalRetreat.com , a growing vacation rental distribution channel, announced today the acquisition of T.A.P. Tag Technology. T.A.P. Tag Technology is a leading NFC Chip technology company providing a range of interactive promotional items.

T.A.P. Tag Technology promotional items can display virtually any URL or uploaded file, or create an event in the phone’s calendar app with just a simple tap of an NFC enabled smartphone. Designed to help businesses reach more customers on their smartphones, T.A.P. Tag Technology offers a wide range of NFC enhanced promotional items including key chains, luggage tags, magnets, outdoor metal backed stickers, faux leather key chains, and more.

The acquisition of T.A.P. Tag Technology supports Rental Retreat’s plans for growth with a vision to help increase utilization of NFC technology in the vacation rental industry.

“Vacation rental managers are always looking for new ways to attract renters and display their rental homes. Rental Retreat’s investment in T.A.P. Tag Technology and their range of NFC enabled promo items seemed like a natural fit. We are looking forward to see the ways our clients can use this new technology in their marketing efforts,” said Joseph Testa Co-Founder of RentalRetreat.com.

“This will be an exciting year for RentalRetreat.com, In addition to the acquisition of T.A.P. Tag Technology, we have recently partnered with Cantor Exchange and AccuWeather to offer ProtectWX rain protection that protects a renter’s vacation investment in the case of inclement weather. We are excited to offer this new product and explore new uses for NFC technology, while continuing to help travelers find professionally managed rentals for their vacation,” said Testa.

Joining RentalRetreat.com and RealTimeRental software, the acquisition of T.A.P. Tag Technology is expected to enhance Strategic Planning and Management, LLC offerings in the vacation rental market.

About RentalRetreat.com

Rental Retreat currently hosts 50,000+ professionally managed vacation rental properties located throughout the United States and Costa Rica. Travelers can use the distribution site to connect with vacation rental management companies to coordinate bookings. Rental Retreat’s lead conversion rate continues to be well above the industry average.

Source

Prakash Poojary
Business Analyst

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