LOS ANGELES, March 26, 2012 /PRNewswire/ -- iRent Inc. (Los Angeles) announced a partnership with TDY Lodging's Corporate Housing division, which will enable them to assist in the marketing of hundreds of nationwide furnished rentals currently being featured on TDY Lodging. Additional details regarding the partnership were announced early this morning on the iRent Blog and on the TDY Lodging Blog.
In exchange, iRent will be paid through a performance-based compensation plan based on the volume of leads generating reservations and qualified lease signings. iRent will fully develop and install the real estate reservation software applications for house rentals, apartments, condos, as well as furnished corporate housing including vacation rentals throughout the United States and Europe. iRent's corporate housing reservation software will be utilized for the tracking of furnished house and apartment rental reservations through TDY Lodging to include all qualified leads and referrals. As a separate application, iRent will install and provide Web analytics tracking reports for all traffic to the real estate property listings.
In addition to the marketing agreement with TDY Lodging, iRent has also developed several Beta versions of the core websites affiliated with TDY Lodging, including Corporate House Rentals, Biz Lodging, and Base Lodging, all of which are key developmental sites of TDY Lodging as the company expands out further into new markets.
About iRent Inc.
iRent is a rapidly growing real estate rental marketing company with a growing online presence. The iRent Corporate Housing Reservation System (patent pending) has three core software applications currently in Beta version of development. The iRent house and apartment finder website is currently under development and awaiting a large second round of venture capital funding prior to launch of the .com domain, which is expected later this year. In addition to marketing temporary housing for relocation, the iRent Vacation Rentals and iRent Apartments inventory is currently being resourced for the .com iRent website. The largest volume of properties for lease is expected to be the iRent House Rentals market once re-development of the site is complete later this year. Property managers and landlords interested in utilizing the rental software applications are encouraged to check back every couple of weeks to be invited to participate in the program and to take advantage of several scheduled promotions. http://irent.us
About TDY Lodging
TDY Lodging maintains one of the largest inventories of government and military approved housing near more than 100 U.S. Military Bases. The overall inventory includes hotels, furnished apartments, and military TDY Housing all throughout the U.S. as well as locations overseas. TDY Lodging has been one of the most popular booking engines for military and government travel for over a decade and is an official core website of the Defense Lodging System developed for the Department of Defense (DoD) for lodging and government travel. In addition to featuring accommodations throughout the U.S. and overseas, the company provides information on Per Diem Rates and Military BAH Rates for government travelers and service members. http://www.tdylodging.com/
Matthew Foster, TDY Lodging's General Manager of Business Development, noted, "Since 2001, TDY Lodging has emerged as the most popular website for booking government travel related housing and hotels. Our partnership with iRent will enable us to aggressively market our corporate housing listings by utilizing their experience in the national house and apartment rental markets. Competition in today's day and age is fierce, especially considering the current real estate market where home ownership is declining and renting, rather than buying, seems to be an increasing trend for many American families."
iRent Inc. aims to be at the forefront of all new developments in the rental market by providing renters with the best options to meet their rental needs, and by giving landlords all of the necessary tools at their disposal to effectively market their residential and commercial real estate rentals.
SOURCE iRent Inc.