PARK CITY Mountain Reservations Inc. has announced its acquisition of VRGateway Inc., based in Maryland.
Terms were not disclosed.
Mountain Reservations, owned by Kinderhook Industries and Castles Media Co., provides customers with a selection of private homes, condos and townhomes for short-term rental available in the ski industry through more than 80 Web sites. The combined company will market and sell more than 200,000 units of vacation rental inventory in more than 300 destinations across the U.S., Canada, Mexico and the Caribbean.
Mountain Reservations said the combined company plans to launch a new travel Web site in the second quarter that will aggregate the mountain and beach inventory under a new brand name. The new site will be used for finding and booking vacation rentals online. It also will offer other trip-related products such as lift tickets, ski rentals, ground transportation, golf packages and travel insurance.