From the end of last year until now, Vacasa has seen homeowners leaving its platform and CEO Rob Greyber expects it will continue into the first quarter of 2024.
Luxury brand Inspirato is implementing a 1-for-20 reverse stock split of its Class A, Class B non-voting, and Class V common stock to meet Nasdaq's $1 bid price requirement — similar to Vacasa and Sonder’s 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…
Vacasa's debut in the public market had a significant impact on the short-term rental industry, showcasing its influence as one of the largest branded property managers in the U.S.
Vacasa is a leader in brand building within the short-term rental space, but Skift Research estimates it still relies heavily on third-party booking sites, like Airbnb, for the majority of sales. Management surely hopes to become a majority first-party business – and to earn the margin benefits that follow.
The short-term rental industry is experiencing a post-pandemic surge. Listen as industry leaders gather to discuss the future and potential challenges ahead.