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Articles tagged “property managers”

Short-Term Rentals

Property Managers and Hosts Report Lack of Progress in Direct Bookings: Survey

It's clear that vacation rental hosts and property managers crave direct bookings, and many may be making inroads. Still, the marketing power of big brands is tough to compete with.

Dennis Schaal | 1 year ago

Property Managers and Hosts Report Lack of Progress in Direct Bookings: Survey

News Blog

Property Manager AvantStay Lays Off 22 Percent of Workforce in Second Round of Cuts

In a second round of cuts since mid-year, property manager AvantStay laid off 144 staffers, about 22 percent of its workforce, according to a published report from Short Term Rentalz. An Avantstay property in Isle of Palms by Charleston, South Carolina. Source: AvantStay. This followed the Los Angeles-based vacation rental firm eliminating some 43 jobs…

Dennis Schaal | 1 year ago

Short-Term Rentals

JetBlue Technology Ventures Joins Property Manager Frontdesk’s $13 Million Financing Round

JetBlue's corporate venture capital wing has already picked some winners in the short-term rental sector. That's some progressive thinking for an airline, and Frontdesk wouldn't mind bolstering that record.

Dennis Schaal | 2 years ago

JetBlue Technology Ventures Joins Property Manager Frontdesk’s $13 Million Financing Round

Short-Term Rentals

Vacasa CEO Matt Roberts Will Be Replaced by Ex-Egencia Boss Rob Greyber

Vacasa was ripe for a leadership change, if for nothing else but to shake things up. Let's see if Greyber can up the company's execution game.

Dennis Schaal | 2 years ago

Vacasa CEO Matt Roberts Will Be Replaced by Ex-Egencia Boss Rob Greyber

Online Travel

Frontdesk Plays Its Own Cards in the Shadow of Vacasa and Sonder

Whether it is major online travel agencies selecting focus markets, or under-the-radar property managers like Frontdesk deciding to target second-tier cities, companies always have to strategically pick their spots. Sometimes there can be riches in the hinterlands.

Dennis Schaal | 2 years ago

Frontdesk Plays Its Own Cards in the Shadow of Vacasa and Sonder

News Blog

U.S. Vacation Rental Demand Is ‘Quickly’ Decelerating: Report

Traveler demand for vacation rentals in the U.S. is still growing, but the pace has "started to decelerate quickly," according to a report from property manager Evolve. Property manager Evolve's office, as seen in 2017. Evolve That was a major finding in Evolve's report, Vacation Rental Industry Trends: Summer 2022. While vacation rental demand was…

Dennis Schaal | 2 years ago

Short-Term Rentals

Shuttered Property Manager WanderJaunt Is Trying To Sell Its Assets

WanderJaunt claims in its sales pitch to sell its assets that it had industry-leading unit economics. It doesn't explain, however, why it closed operations on short notice leaving employees, guests, and creditors hanging.

Dennis Schaal | 2 years ago

Shuttered Property Manager WanderJaunt Is Trying To Sell Its Assets

Short-Term Rentals

Vacasa Eliminates 25 Sales Jobs After Hiring Binge

Property management companies such as Vacasa and others in the short-term rental sector are under pressure and have been forced to reorganize.

Dennis Schaal | 2 years ago

Vacasa Eliminates 25 Sales Jobs After Hiring Binge

News Blog

AvantStay Says It Conducted 43 ‘Job Reductions’ in the Past 30 Days

Property manager AvantStay said Friday its employee roster was subject to 43 "job reductions" in the past 30 days. The company argued that these weren't layoffs because they came as part of a "gradual reorganization." There actually was a net reduction of 19 employees over the last month because the company, which has around 600…

Dennis Schaal | 2 years ago

News Blog

Property Manager WanderJaunt Shuts Down

Short-term rental property manager WanderJaunt ceased operations. An announcement on a Wanderjaunt customer service phone line said that "due to the current economic situation" Wanderjaunt is permanently closing on Thursday, June 30, and ceased operations Tuesday. Guests with bookings that had checkouts by Thursday could complete their stays, the announcement said, and those with stays…

Dennis Schaal | 2 years ago