Articles tagged “turnkey”

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…

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.

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

Short-Term Rentals

Vacasa Could Get Boost From Home Sales Softness

If they can't sell their homes, vacation rental owners tend to stay with their property managers. Making the proverbial lemonade out of lemons.

Vacasa Could Get Boost From Home Sales Softness

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.

Hotwire Ties Run Deep Through Vacasa SPAC Deal

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

Online Travel

Airbnb’s Guest-Host ‘Flywheel’ Advantage Is More Myth Than Reality

Airbnb will spend tens of millions of dollars, if not more, on its global advertising and referral campaigns to recruit more hosts, and that's probably a smart move. On the face of it, though, this proves that the company's host sign-up efforts are hardly organic, as one analyst alleged.

Airbnb’s Guest-Host ‘Flywheel’ Advantage Is More Myth Than Reality

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

Coronavirus

Airbnb to Roll Out Sanitization Plan for Hosts That Would Include 72-Hour Wait Between Stays

Cleanliness standards will guide guest preferences in the years ahead. Short-term rental host practices will have to undergo significant enhancements to cope with that changing consumer behavior — a heightened sensitivity to just how clean their surroundings are as an outgrowth of the coronavirus pandemic.

Airbnb to Roll Out Sanitization Plan for Hosts That Would Include 72-Hour Wait Between Stays

Hotels

Marriott Is Officially Getting Into the Homesharing Business

This news will trigger responses from elated to downright furious, whether you're a Bonvoy member, Marriott hotel owner, a property manager, or just someone concerned about the growth of homesharing around the world.

Marriott Is Officially Getting Into the Homesharing Business

Online Travel

TurnKey Raises $31 Million as Vacation Home Rental Management Stays Hot

Does yet another big funding round signal that the vacation rental property market is over-heated? Nah. It's reasonable given the huge size of the opportunity and how much investment will be needed to digitize and automate the sector.

TurnKey Raises $31 Million as Vacation Home Rental Management Stays Hot