Articles tagged “property management”

News Blog

Vacasa Announces Reverse Stock Split

Property manager Vacasa announced its intent to conduct a one-for-20 reverse stock split that's geared to get its share price higher than $1 per share and therefore to be continued to trade on Nasdaq. A vacation rental that Vacasa manages. Source: Vacasa Its shares were trading for $0.48 midday on Friday. The reverse stock split,…

Dennis Schaal | 3 months ago

Travel Technology

Hotel Tech Startups Using AI to Combat Labor Shortage

Most of the attention around generative AI and travel has been around consumer products, but more business-to-business companies are using it too.

Justin Dawes | 6 months ago

Hotel Tech Startups Using AI to Combat Labor Shortage

Startups

Viatu Raises $1 Million to Book Eco-Friendly Trips in Africa

The startups featured want to sell eco-friendly trips to Africa, e-bike rides in London, and train ticket upgrades throughout the UK.

Justin Dawes | 7 months ago

Viatu Raises $1 Million to Book Eco-Friendly Trips in Africa

Startups

Kindred Raises $15 Million for Home Swapping Vacation Platform

A wide variety of potential travel innovations got funding this week, including a credit card for travelers, an online travel agency for recreational vehicles, and management software for tour operators.

Justin Dawes | 8 months ago

Kindred Raises $15 Million for Home Swapping Vacation Platform

Short-Term Rentals

Vacasa Exec Is Out Just 4 Months After Being Promoted

Some might argue that Vacasa is getting a substantial injection of Expedia DNA. The new CEO, chief commercial officer and principal operating officer all have Expedia ties.

Dennis Schaal | 10 months ago

Vacasa Exec Is Out Just 4 Months After Being Promoted

News Blog

Oman Tourism Opens the Way for Approved Short-Term Rentals

UnderTheDoormat Group CEO Merilee Karr said her company's new technology and distribution agreement with Visit Oman can be a novel approach to short-term regulation — one where technology can spur governments to embrace the sector rather than shun it. UnderTheDoormat CEO Merilee Karr and Shabib Al Maamari, managing director, Visit Oman, signed a a short-term…

Dennis Schaal | 1 year ago

News Blog

Short-Term Rental Firm RedAwning Bought Channel Manager Lexicon Travel Technologies

California-based RedAwning announced it acquired channel manager Lexicon Travel Technologies. Terms of the deal were not disclosed. A vacation rental in the RedAwning portfolio. Source: RedAwning Channel managers have tech systems to assist accommodations in distributing their properties to websites such as Airbnb, Vrbo and Booking, and sometimes to global distribution systems, among other outlets.…

Dennis Schaal | 1 year ago

News Blog

UAE Developer Nakheel Secures $4.6 Billion Financing to Develop Dubai Islands 

Dubai-based property developer Nakheel announced it has secured $4.6 billion in strategic financing deal to drive what it calls, “the new phase of growth.” The amount includes refinancing of $3 billion, and additional funds of $1.6 billion. The developer of Palm Jumeirah said that the finance would be utilised to accelerate the development of its…

Peden Doma Bhutia | 1 year ago

Short-Term Rentals

Vacasa Lays Off 280 Employees as New CEO Sets Sights on Profits

It's tough for a new boss, like Vacasa CEO Rob Greyber, to come into a job and then have to make significant layoffs. It's tougher for impacted employees, however.

Dennis Schaal | 1 year ago

Vacasa Lays Off 280 Employees as New CEO Sets Sights on Profits

News Blog

Vacasa Appoints TurnKey Co-Founder as Chief Operating Officer

Just five weeks after Rob Greyber became CEO of Vacasa, the board has shaken up the leadership ranks anew, including naming TurnKey co-founder John Banczak chief operating officer, effective immediately. Vacasa vacation home in Camp Connell, California. Source: Vacasa TurnKey was Vacasa's main rival among property management companies in North America until Vacasa bought Turnkey…

Dennis Schaal | 1 year ago