Why Escapada Rural's Business Model is so successful?
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Escapada Rural’s Company Overview
Escapada Rural is a leading online platform that specializes in providing rural and countryside tourism services. Established in 2007, the company is headquartered in Barcelona, Spain, and has since revolutionized the way people plan their rural getaways. With a comprehensive database of over 31,000 accommodation options spread across Spain, Portugal, and Italy, Escapada Rural is committed to bridging the gap between travelers and the rural world. The platform not only offers a wide range of rural accommodations but also serves as a source of information about the destinations, including local attractions, activities, and gastronomy.
Escapada Rural's business model revolves around connecting rural accommodation providers with potential travelers. They provide a platform where property owners can list their accommodations with detailed descriptions, photographs, prices, and availability. On the other hand, travelers can browse through these listings, compare options, and make bookings directly through the platform. Escapada Rural also offers marketing and promotional services to accommodation providers, helping them reach a wider audience.
As for the revenue model, Escapada Rural primarily earns through a commission-based system. For every booking made through the platform, the company receives a certain percentage as commission from the accommodation providers. Additionally, the company also generates revenue by offering premium listing options to the providers. These premium listings are more prominently displayed on the platform, thus increasing their visibility to potential customers. Furthermore, Escapada Rural also monetizes its platform through advertising, offering space to businesses that wish to promote their products or services to the platform's large user base.
Headquater: Madrid, Spain, EU
Foundations date: 2007
Company Type: Private
Sector: Consumer Services
Category: Travel
Digital Maturity: Beginner
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Escapada Rural’s Business Model Canvas
- Platform powered by Trivago
- Owners of rural properties or hotels that want to announce their spaces
- Marketing
- Networking
- Sponsor programs
- Communication
- Content creation
- Sales
- Operations
- Community building
- IT maintenance
- Product development
- Brand and reputation
- Networks and community
- Lodging space
- Website
- Ads
- Marketing materials
- E-commerce
- Product
- Search Engine
- API
- To revolutionize and simplify the marketing of rural accommodation and activities in Spain
- To organize reservations of houses with rural charm trough your online platform as a one-stop shop
- To develop a sustainable rural world
- Simplicity
- Efficiency
- Reliability
- Cost
- Advertiser
- Book a hotel
- Hostel
- Cottage or apartment-heavy-
- Customer help
- For owners
- Payment gateway
- Self-service
- Producers
- Intermediaries
- Final customers (tourists)
- Website
- Partner websites and portals
- Social networks
- Blog
- Customer service
- Online media
- Search engine
- IT management
- Web servers
- Offices
- Staff
- Development
- Maintenance
- Sales and networking
- Bookings commission
- Premium features
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Try it freeEscapada Rural’s Revenue Model
Escapada Rural makes money by combining different business models. Below, you will find the list of the different monetization strategies identified for this company:
- Brokerage
- Two-sided market
- Transaction facilitator
- Advertising
- Affiliation
- Referral
- Dynamic pricing
- Credits
- Cash machine
- Channel aggregation
- Remainder retail
- Brands consortium
- eCommerce
- Experience selling
- Acquiring non customers
- Decomposition
- Bundling
- Combining data within and across industries
- Cross-selling
- Reseller
- Customer relationship
- Channel per purpose
- Digital
- Disintermediation
- Exposure
- Low cost
- Long tail
- On-demand economy
- Online marketplace
- Open business
- Revenue sharing
- Self-service
- Tag management
- Customer loyalty
- Customer data
- Discount club
- Credits
- Reverse auction
- Ultimate luxury
- Mobile first behavior
Escapada Rural’s Case Study
Escapada Rural's Case Study
In the ever-evolving digital marketplace, certain companies distinguish themselves not merely by an innovative idea but by their execution and sustainability. Escapada Rural is one such entity. Established in 2007 and headquartered in Barcelona, Spain, Escapada Rural has wholeheartedly embraced the mission of transforming rural getaways into accessible, enjoyable, and unique experiences for urban dwellers. This case study unravels the underlying strategies, business model, and unique value propositions that have propelled Escapada Rural to the forefront of rural tourism.The Genesis of a Rural Revolution
Escapada Rural came into existence at a crucial juncture when the desire for authentic, peaceful, and nature-centric experiences started gaining momentum among travelers. Founded in a culturally vibrant city, Barcelona, Escapada Rural's inception aligned with a rising trend of seeking solace away from the hustle and bustle of city life. Consequently, the company's founders envisioned a platform that would not only bridge travelers with rural accommodation providers but also breathe life into the rural tourism landscape. Today, Escapada Rural boasts a comprehensive database of over 31,000 accommodation options spread across Spain, Portugal, and Italy (Escapada Rural, 2023). This wide coverage is one of the company's unique selling points, providing a plethora of options for travelers seeking varying experiences – from quaint cottages to luxurious rural hotels.Distinctive Business Model
What truly sets Escapada Rural apart is its well-architected business model that revolves around an efficient two-sided marketplace. On one end, we have the rural accommodation providers who get a user-friendly platform to list their properties with detailed descriptions, photographs, prices, and availability. On the other end, travelers have access to an expansive repository of rural accommodations that they can browse, compare, and book seamlessly. A significant portion of Escapada Rural's revenue is derived from a commission-based structure, wherein the company earns a percentage for every booking facilitated through its platform. As reported by industry experts, commission-based models in online travel agencies not only streamline revenue streams but also foster a sustainable business environment (HBR, 2022). Additionally, Escapada Rural offers premium listings to providers for enhanced visibility, further bolstering its revenue. Marketing and promotional services form another critical revenue stream. By offering targeted advertising, Escapada Rural assists accommodation providers in reaching a broader audience. This move aligns with the broader industry trend observed by Deloitte, where digital platforms increasingly invest in robust marketing solutions to elevate user engagement and revenue (Deloitte, 2023).Creation of Value Propositions
Escapada Rural's value propositions are not just limited to accommodations. The company aims to revolutionize and simplify the marketing of rural getaways, ensuring efficiency, reliability, and cost-effectiveness. Our platform acts as a one-stop-shop for tourists, offering not just booking options but a comprehensive insight into local attractions, activities, and gastronomy. This combination of functional and emotional propositions makes the business exceptionally appealing. Providing a holistic rural experience entails understanding and fulfilling various customer needs. From emotional wellness and therapeutic value to life-changing affiliations and motivations, Escapada Rural positions itself as more than just a booking platform. It is a facilitator of memorable, rejuvenating experiences.Strategic Patterns and Operational Excellence
Our operational strategy is founded upon several business patterns that include brokerage, transaction facilitation, advertising, and more. A unique pattern in Escapada Rural's approach is the bundling of experiences; alongside accommodations, users get access to curated rural activities and attractions. Such pattern diversification ensures that we stay relevant in a competitive marketplace, a point emphasized by Porter (Harvard Business Review, 2023). Escapada Rural's key activities encompass extensive marketing, networking, and community building. These are underpinned by a robust IT infrastructure that ensures seamless operations. Significant investments in digital maturity and content creation have allowed us to enhance our platform's visibility and user engagement.Sustainable Growth: Facts and Figures
Escapada Rural's commitment to sustainability in the rural sector is noteworthy. By incentivizing local tourism, the company plays a pivotal role in community development and economic upliftment. According to data from the World Tourism Organization (2022), rural tourism avenues have been instrumental in preserving local culture and generating income in underdeveloped regions. Financially, our platform has demonstrated remarkable growth. With over 31,000 rural accommodations listed, the potential for scalability remains robust. Escapada Rural has facilitated millions of bookings, generating significant commissions and advertising revenue (Escapada Rural, 2023).Conclusion: A Rural Renaissance
Escapada Rural stands as a testament to how strategic vision, combined with efficient execution, can reinvent an entire sector. By focusing on rural getaways, the company has not only tapped into an evergreen market but also contributed positively to the rural world. Its comprehensive database, user-friendly platform, varied revenue streams, and commitment to sustainability render it unique in the digital marketplace for travel services. As we look ahead, the future appears promising. With continual enhancements in digital capabilities and outreach efforts, Escapada Rural is poised to further consolidate its position as the premier rural tourism platform, fostering meaningful connections between travelers and the tranquil countryside.If you enjoyed this content, you’re in for a treat! Dive into our extensive repository of business model examples, where we’ve dissected and analyzed thousands of business strategies from top tech companies and innovative startups. Don’t miss out!