Trending...
- Single Operated Newsletter - Create A Podcast Using Artificial Intelligence
- Black-Owned Fitness Start-Up Aims to Fix Healthcare for African Americans
- WIESENTHAL at North Coast Repertory Theatre
Global Watercraft Marketplace Experiences Record Bookings for July
SAN FRANCISCO - Californer -- GetMyBoat, the world's largest boat rental and water experience marketplace, has reported record business demand during the summer of 2020. The company added that all growth has been organic to date.
GetMyBoat has seen 3,900% growth from April through July, with a surge in demand resulting in a rental reservation confirmed every few minutes. The company also reported over an $80M ARR (annual run rate). All of this was achieved despite only 60% of boating markets open with many popular global destinations closed to travel and leisure activities.
"When the stay at home order was put in place back in the spring (here in the US), our business dropped off a cliff and hit bottom. In May, however, we saw a huge rebound in business, and by July, we experienced 3,900% growth from our April lows. With boating being a great activity for family fun while practicing social distancing, we have seen a surge in interest and corresponding bookings," commented Bryan Petro, Chief Operating Officer (COO) for GetMyBoat. "We had already been having a banner year due to the maturation of the platform, including being featured as Apple's App of the Day, but these results have exceeded all expectations."
More on The Californer
A contributing factor to this growth is the decline of travel on a global scale leading to a demand for local experiences. The COVID-19 pandemic has forced the global population to reconsider their travel and leisure plans for summer 2020 and beyond. Local, outdoor experiences, like boating and renting personal watercraft, have boomed in popularity. The ability to enjoy local activities without traveling far has brought much-needed relief to many people and families during uncertain and stressful times.
About GetMyBoat
GetMyBoat launched in 2013 in San Francisco and has grown to be the world's largest boat and watercraft experiences marketplace. With more than 130,000 listings in 184 countries and over 9,300 locations, there's something for everyone, worldwide. The user-friendly platform is available online and on mobile apps for both iOS & Android.
For more information: https://www.getmyboat.com/
Val Streif
val@getmyboat.com
GetMyBoat has seen 3,900% growth from April through July, with a surge in demand resulting in a rental reservation confirmed every few minutes. The company also reported over an $80M ARR (annual run rate). All of this was achieved despite only 60% of boating markets open with many popular global destinations closed to travel and leisure activities.
"When the stay at home order was put in place back in the spring (here in the US), our business dropped off a cliff and hit bottom. In May, however, we saw a huge rebound in business, and by July, we experienced 3,900% growth from our April lows. With boating being a great activity for family fun while practicing social distancing, we have seen a surge in interest and corresponding bookings," commented Bryan Petro, Chief Operating Officer (COO) for GetMyBoat. "We had already been having a banner year due to the maturation of the platform, including being featured as Apple's App of the Day, but these results have exceeded all expectations."
More on The Californer
- Distroller World Releases First-Ever FlyNerlies Designed to Fly
- Thiel College climbs US News & World Report rankings, recognized for social mobility
- Holiday Gift Giving & Gatherings - the Best Natural, Organic, and Eco-friendly Products
- The New Platform Changing the Way You Shop for Natural, Organic, and Eco-friendly Products
- 10:05 ET Global Recreational Boats Market to Reach $31.7 Billion by 2026
A contributing factor to this growth is the decline of travel on a global scale leading to a demand for local experiences. The COVID-19 pandemic has forced the global population to reconsider their travel and leisure plans for summer 2020 and beyond. Local, outdoor experiences, like boating and renting personal watercraft, have boomed in popularity. The ability to enjoy local activities without traveling far has brought much-needed relief to many people and families during uncertain and stressful times.
About GetMyBoat
GetMyBoat launched in 2013 in San Francisco and has grown to be the world's largest boat and watercraft experiences marketplace. With more than 130,000 listings in 184 countries and over 9,300 locations, there's something for everyone, worldwide. The user-friendly platform is available online and on mobile apps for both iOS & Android.
For more information: https://www.getmyboat.com/
Val Streif
val@getmyboat.com
Source: GetMyBoat
0 Comments
Latest on The Californer
- Powerful Instrumentals Released On TikTok, Users Encouraged To Use Them In Anti-Censorship Videos
- California: Governor Newsom Announces Appointments 9.23.21
- California: Governor Newsom Signs Legislation 9.23.21
- San Jose: City of San José to Receive More Than $20 Million From California State Budget
- San Jose: Media Advisory: BeautifySJ Grant Program Now Accepting Applications
- San Francisco: Mayor London Breed Swears in Vanita Louie and Larry Griffin to the Recreation and Park Commission
- California: Governor Newsom Signs Climate Action Bills, Outlines Historic $15 Billion Package to Tackle the Climate Crisis and Protect Vulnerable Communities
- Board Chair, Vice-Chair & New Board Members Announced By Ventura College Foundation
- 13:39 ET Gatekeeper Innovation Applauds OH for Drug Diversion Program in OH State Bill 110
- Bosco Tech Student Commended by National Merit Scholarship Program
- Following Federal Approval, California Ready to Administer Booster Doses on Day One
- What to do when someone dies in your family?
- Long Beach Gives
- NFT Marketplace Satoshi.Art Wows Market With $25M Pre Revenue Evaluation
- William Blunck Named Chief Operating Officer at Southeast Ventura County YMCA
- 10:00 ET Dr.FORHAIR Offers Best-Selling Folligen Original Shampoo at Special Price Through Leading U.S. Membership Retailer
- Troy Aikman Brings Final Smile to Dying Young Fan
- 07:02 ET 1,838 public high schools in 25 states honored for college readiness, success
- Jeffrey Adams Fitness Introduces New Revolutionary Exercise Training Titled "AWSM Body"
- Faith Journey Includes the Good, the Bad and the Proof that God Hears Our Prayers