Articles tagged “property management companies”

Mergers and Acquisitions

Vacasa Paid $619 Million for TurnKey Vacation Rentals in Mostly Stock

Riding the hot vacation rental market, TurnKey Vacation Rentals did well for its investors — especially if the Vacasa stock price holds up in its pending public market debut.

Vacasa Paid $619 Million for TurnKey Vacation Rentals in Mostly Stock

Hotels

Private Equity Looks to Challenge Vacasa by Backing VTrips Vacation Rental Firm

The vacation rental market is big enough to accommodate multiple players with digital and operational savvy, including both Vacasa and VTrips.

Private Equity Looks to Challenge Vacasa by Backing VTrips Vacation Rental Firm

Online Travel

Vacation Rental Manager VTrips Ramps Up Dealmaking and Mulls Going Public

VTrips all but outright says that it's more profitable than its larger rival Vacasa. But we'll only know for sure if they both file to go public.

Vacation Rental Manager VTrips Ramps Up Dealmaking and Mulls Going Public

Online Travel

Why Japan’s Vacation Rentals Are Hiring Tech-Savvy Management Companies

It's a U.S. bias to assume that the answer to every hotel or vacation rental problem is to have a nationally branded management company take over operations. But in Japan and elsewhere, many owners of travel accommodation prefer an unbranded, behind-the-scenes management partner.

Why Japan’s Vacation Rentals Are Hiring Tech-Savvy Management Companies

Hotels

Acquisition-Hungry Awaze Refines Its Vacation Rental Strategy in Europe

Awaze is arguably Europe's largest vacation-rentals business for managed properties. While its acquisitions this week are eye-catching, the bigger news is that it's spending roughly $40 million this year on a tech push. That will help it make better use of its assets.

Acquisition-Hungry Awaze Refines Its Vacation Rental Strategy in Europe

Hotels

Vacasa to Buy TurnKey in Ongoing Rollup Led by Private Equity

This deal cements Vacasa status as the largest full-service property manager for whole-home vacation rentals in the U.S. That makes it a rare pure-play bet on alternative accommodations for its private equity backers, which have prompted Vacasa to consolidate more of the sector.

Vacasa to Buy TurnKey in Ongoing Rollup Led by Private Equity

Online Travel

Vacation Rentals Manager Vacasa Taps New Chief Financial Officer: Is an IPO Far Off?

Today's low-interest rates make it a fine time to buy and rent out second homes in many markets. No wonder Vacasa has hired a new CFO and began acquiring properties again.

Vacation Rentals Manager Vacasa Taps New Chief Financial Officer: Is an IPO Far Off?

Online Travel

Coronavirus Upheaval Prompts Independent Hotels to Look at Management Company Startups

The startup Life House has a new white-labeled full management service that doesn't require a costly rebrand or renovation. We expect only a few dozen hotels will sign up this year for it. But the new offering underscores the bigger picture, stark choices facing the owners of tens of thousands of independent hotels now.

Coronavirus Upheaval Prompts Independent Hotels to Look at Management Company Startups

Online Travel

Hostmaker Collapse Prompts Further Consolidation in Europe’s Short-Term Rental Market

In a growing sector like this where there is a race to scale up, casualties will always exist. Houst will be hoping to capitalize on Hostmaker's misfortune.

Hostmaker Collapse Prompts Further Consolidation in Europe’s Short-Term Rental Market

Online Travel

Airbnb Doubles Down on Professional Vacation Rentals in Resort Areas

The online juggernaut isn't satisfied with dominating urban markets. Airbnb wants to take the beaches and the mountains, too, in the battle for short-term rental bookings. So the company is becoming savvier in how it approaches local property managers.

Airbnb Doubles Down on Professional Vacation Rentals in Resort Areas