Vacasa Sheds More Vacation Rental Owners


Skift Take

Vacasa's problem of homeowner churn continues, but the company is resting its hopes on cost cuts.

Vacation rental property manager Vacasa has been plagued by the same problem for multiple quarters: homeowner churn. 

From the end of last year until now, the Portland, Oregon-based company has seen homeowners leaving its platform and CEO Rob Greyber expects it will continue into the first quarter of 2024.

“We've begun to see some higher levels of churn as we move through the fourth quarter last year, and I think that coincided with changes in the slowing of