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Biggest new gTLD sale reported

The sale of the domain name vacation.rentals has been reported online. According to Domain Name Wire, the domain name was sold by the registry Donuts. The buyer is Vacarent LLC, a vacation rental company that rivals such services as Airbnb and HomeAway. Vacarent LLC has already launched their new website on vacation.rentals. The all-cash transaction totaled $500,300, setting a new record for the highest price paid for a new generic top-level domain (gTLD), beating out the sale of home.loans for $500,000.

DNJournal website has listed the deal in its traditional year-to-date chart of the highest reported domain sales. Vacation.rentals comes in fifth on the chart, being the only new gTLD of the top five entries.

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