The region’s largest vacation rental firm has added a 39-acre development on Holiday Isle to its growing portfolio of properties.
ResortQuest signed a multi-year contract on Nov. 1 to provide on-site vacation rental management and real estate services for the gated Destin Pointe area.
“It’s important to us, because it gives us a very close presence on Holiday Isle, which we didn’t have before,” said Martin Owen, regional marketing director of ResortQuest.
Destin Pointe includes 159 cottages and single-family homes and the 66-unit Magnolia House condominium.
The six-story Magnolia House tower, built in 1986, includes 66 units with one and two bedrooms ranging from 800 to 1,300 square feet.
ResortQuest will keep an office at the Destin Pointe property, which will be its first on Holiday Isle. Owen said this could lead to ResortQuest managing additional properties on Holiday Isle in the future.
“It just gives us a closer association with everybody in that area,” Owen said. “From that location, we’re able to provide property services to all the owners and guests of Destin Pointe. As it happens, it also means we’re able to offer property services to all owners and rental guests on the whole of Holiday Isle, which we haven’t been able to before in such an intimate way.”
Owen said the move will also be a huge benefit to Destin Pointe owners and residents. The deal gives Destin Pointe access to ResortQuest’s parent company, Wyndham Worldwide.
Owners can tap into the Wyndham Home Exchange Network, which allows them to exchange weeks in their properties for points they can use to travel to destinations around the world.
“We can market the rentals of these properties not only to the immediate area and the Southeast, but through Wyndham Vacation Rentals North America to the whole of North America and then worldwide,” Owen said. “We have something like 95,000 vacation rental properties in 500 unique destinations worldwide.”