Articles tagged “vacasa”

Online Travel

Google Leveraged User Data to Dominate Online Advertising: Lawsuit

Google advises "we never sell your personal information." But it should add the following disclaimer: But we make an almost unfathomable amount of money from it.

Google Leveraged User Data to Dominate Online Advertising: Lawsuit

Short-Term Rentals

Vacasa Slashes 17 Percent of Workforce in Second Recent Round of Layoffs

It's clear that Vacasa's ranks were bloated, and that the company was not very well-run in recent years. Like several other now-struggling, newly public companies, Vacasa faces a challenging road ahead.

Vacasa Slashes 17 Percent of Workforce in Second Recent Round of Layoffs

Short-Term Rentals

HomeToGo and Other Newly Public Companies on Track in 2023 to Reverse Losses

A bunch of companies that pledge to break even or better on an adjusted EBITDA basis this year will actually be in the red using more standard financial measures. These financial makeovers are very much in vogue.

HomeToGo and Other Newly Public Companies on Track in 2023 to Reverse Losses

Mergers and Acquisitions

How Did All Those Travel SPACs End Up Doing?

You win some, you lose some. As quickly as SPACs soared on the hype, they lost much of their luster just as quickly on Wall Street. Travel SPACs were definitely no exception. Take a look at the numbers.

How Did All Those Travel SPACs End Up Doing?

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

Short-Term Rentals

Vacasa CEO Prioritizes Improved Tech for Sales Team Over New Acquisitions

In contrast to some other newbie CEOs, Rob Greyber articulated a clear vision about a new strategy during his first earnings call at the helm of Vacasa. If his focus on execution becomes reality, then the company could get turned around in earnest.

Vacasa CEO Prioritizes Improved Tech for Sales Team Over New Acquisitions

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…

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.

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…

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