Articles tagged “property management companies”

Short-Term Rentals

Sonder Eliminates Cleaning Fees in Short-Term Rentals and Hotel Rooms

Sonder will have to see if it can make its pricing competitive while eliminating cleaning fees as a separate guest charge. There could be some reputational upside if the financials work out.

Sonder Eliminates Cleaning Fees in Short-Term Rentals and Hotel Rooms

Hotels

Highgate Signs Deal to Buy Viceroy Hotels

Viceroy may be able to accelerate its growth and brand awareness given Highgate's scale and track record. Of course, that is if Highgate can execute well after the deal closes.

Highgate Signs Deal to Buy Viceroy Hotels

Short-Term Rentals

Airbnb’s Talking Points About Individual Hosts Hit a Reality Check

Airbnb has promoted a tale about the composition of hosts on its platforms, a saga contradicted by AirDNA research. It's time for Airbnb to be more transparent.

Airbnb’s Talking Points About Individual Hosts Hit a Reality Check

Hotels

Hotel Company HHM to Buy Urgo Hotels & Resorts

Expect more mergers among hotel management companies until there are approximately 10 companies left in North America for the most competitive markets.

Hotel Company HHM to Buy Urgo Hotels & Resorts

Short-Term Rentals

U.S. Short-Term Rental Rate Sticker Shock Will Sting More in 2022

Short-term rental owners in locked-down countries undoubtably suffered or went out of business in 2021. But for many owners in the U.S., it was the best of times, and their revenue soared. One wakeup call — there may not be an adequate number of listings to meet demand.

U.S. Short-Term Rental Rate Sticker Shock Will Sting More in 2022

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