Articles tagged “property managers”

Short-Term Rentals

Vacasa’s Value Falls 10 Percent on Stock Market Debut

Vacasa's market cap comeuppance in its first day of trading doesn't have huge significance. Are many private valuations inflated these days? For sure. But Vacasa's debut in a SPAC deal is a milestone for a bevy of startups seeking similar paths.

Dennis Schaal | 13 hours ago

Online Travel

Hotwire Ties Run Deep Through Vacasa SPAC Deal

The old boys network is still as strong as can be in online travel and elsewhere. It shows up in several ways, although it was far from a decisive factor, in the pending Vacasa SPAC deal. But those decades-old ties sure didn't hurt, either.

Dennis Schaal | 7 days ago

Hotels

Vacasa and Sonder Face Challenges as They Get Ready to Join Airbnb as Public Companies

Will Vacasa and Sonder have the wherewithal as public companies to build their own brands independent of relying on Google and Airbnb, and will their business model challenges be surmountable? There's a ton of potential and so much work ahead for each of the companies.

Dennis Schaal, Skift | 3 months ago

Short-Term Rentals

Skift Short-Term Rental and Outdoor Summit Video: The New Playbook for Short-Term Rental Managers

In this video from the Skift Short-Term Rental and Outdoor Summit, we hear from Julie Brinkman, CEO of Beyond, about how the company is helping short-term rental owners and managers develop a new playbook to run their properties more successfully and profitably.

Skift | 7 months ago

Mergers and Acquisitions

Booking Holdings CEO: We Can Replicate European Short-Term Rental Success in U.S.

Booking.com faces tough-going in U.S. short-term rentals. Its business model has hosts perceiving they pay lower commissions to Airbnb, and the latter is has a big brand advantage. At the same time, Booking.com needs to defend Airbnb incursions on its own European turf.

Dennis Schaal, Skift | 7 months ago

Hotels

Marriott Homes & Villas Mandates a Rate Rule That Europe Considers Anticompetitive

With the competition heating up among short-term rental platforms, price parity issues may increasingly come into play, as they once did in the hotel industry. But with short-term rentals, given the ever-shifting guest fee rates, the pricing rules will be difficult to enforce.

Dennis Schaal, Skift | 7 months ago

Online Travel

The Grip of Airbnb and Short-Term Rental Giants Leaves Direct Bookings Elusive

Direct-booking advocates in the short-term rental space will face tough going long term because they have to deal with plenty of juggernauts. When the travel recovery gets under way in full, it will be Airbnb, Booking.com and Expedia spending billions of dollars to win over fickle, bargain-hungry travelers.

Dennis Schaal, Skift | 7 months ago

Coronavirus

An Exclusive Look at Marriott’s Terms for Recruiting Short-Term Rental Hosts

Marriott has been in the vacation rental business for nearly two years, and few see it as a threat to the likes of Airbnb and Vrbo. Recent recruitment efforts for new listings and employees show the fledgling division is on track to be an integral part of future revenues for the world's largest hotel company.

Dennis Schaal and Cameron Sperance, Skift | 7 months ago

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.

Sean O'Neill, Skift | 9 months ago

Hotels

The Future of Short-Term Rentals After the Pandemic and an Airbnb IPO

The entire hospitality industry would agree that short-term rentals led the tentative recovery in the spring and into the summer in many parts of the world. But a key question will be how will they respond when hotels and cities come back in earnest — and with vaccines a real possibility, they certainly will.

Dennis Schaal, Skift | 1 year ago