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Luxury Retreats pulls $5M into its lap of luxury

Online travel site Luxury Retreats welcomed $5 million into its sumptuous, landscaped, columned, decorated home (with a pool) today, from iNovia Capital.

Those looking for a getaway of the utmost comfort and style can peruse rental options around the world on Luxury Retreats. Each villa is “handpicked” by a global team, scouring the globe for opulent rental options. It has over 2,000 villas in the system, and the personal touch ensures an added layer of quality assurance. With homes at thousands of dollars a night (some are cheaper), quality assurance is rather important.

The site offers a complementary concierge service as well that can assist with other elements of planning a trip, like booking a private wine tour or going on a scuba adventure.

While researching the company for the article, I created myself a nice little wish list of vacations.

Someday when I dig up a box of gold or receive a massive inheritance from an estranged billionaire aunt, I will book a palatial Tuscan villa where I can throw elegant affairs in the ballroom and surrounding cedar garden;  Thai mansions overlooking the Andaman Sea, where I can bask under coconut trees and order massages on the hour; and a mountaintop chalet at Whistler, where I can ski all day, lounge in a hot tub, and sip hot cocoa on a majestic sleigh ride through the forest.

Back to reality.

The website clearly targets the affluent traveler and with this funding, plans to add at least 50 new destinations in the next year. Luxury Retreats was founded in 1999 by CEO Joe Poulin, who was 17 years old at the time. This is the company’s first round of institutional funding, which has existed thus far on its own profits.

It is based in Montreal, with offices in Barbados, St. Martin, and Buenos Aires.

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