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Rentyl Resorts Raises $25 Million in Capital Funding

Rentyl Resorts, a tech-enabled hospitality and real estate company that operates the Conrad Fort Lauderdale Beach Resort and the DoubleTree by Hilton Grand in Biscayne Bay, recently announced a successful capital raise of $25 million. The funds will bolster Rentyl’s network of hotels and resorts and help grow its internal capacity. Rentyl will invest in its technology platform to drive new revenue and improve company efficiency, plus develop additional marketing to promote the business and hire more employees. Key investors provided the funds, including family offices, private equity and some larger investment firms.

With over 84 hotels and resorts in the Rentyl network, the company, which focuses on short-term vacation rentals with resort-style amenities, has grown tremendously since its inception in 2015. The company was founded by CEO Nicholas Falcone and his brothers Dan and Matt, who serve as chief financial officer and chief operations officer, respectively.

“Our vision from the start was to create an all-inclusive hospitality experience for our customers made possible by strategic partnerships with well-known, trusted hotel and resort brands,” Nick Falcone says (pictured). “It’s an exciting time in hospitality as consumers are seeking new safe and secure ways to travel. With this new infusion of capital, we plan to improve the overall Rentyl customer experience.”

Rentyl Resorts provides hospitality companies, residential developers, real estate investors and well-known brands with turnkey services. Its 360-degree solution for the development of a short-term rental resort includes site planning, construction, real estate sales, and marketing. Rentyl also offers marketing, sales, and guest services for existing resorts, including reservations.

Through Rentyl, travelers can find places to stay on all continents ranging from Margaritaville Resort Orlando and Villa Lilly in Italy, along with rooms at resort partners Marriott Homes & Villas®, The Walt Disney Travel Company® and the Jack Nicklaus Companies.

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Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.