Vacasa Says Travelers Are More Fickle in Vacation Rental Bookings
Skift Take
These things we know are true: Travelers change their booking patterns in response to changes in prices and weather. Travel companies change their finance chiefs when profit is elusive.
Vacasa, a manager of vacation rentals, has complained in recent earnings calls about problems with supply, as some owners have left its platform. Now it's complaining about demand.
Spiking prices and weird weather have made rental booking patterns less predictable, executives said during Vacasa's first-quarter earnings call on Tuesday. They have "expectations for continued year-over-year declines in bookings" in many markets and timespans this year.
"The booking build [or the pace in reservations in the weeks before a particular date] has been less predictable than it's been in prior years," said CEO Rob Greyber. "We think it's occurring across the industr
