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Articles tagged “vacasa”

Short-Term Rentals

Vacasa Turnaround Exec Cites the Need for a Vacation Rental Reset Post-Covid

If ever there was a put up or shut up time for vacation rental tech, it is now. Vacasa and top exec T.J. Clark are bent on improving direct relations with homeowners minus nearly 1,600 employees since October.

Vacasa Turnaround Exec Cites the Need for a Vacation Rental Reset Post-Covid

Tourism

How to Get Ready for the Return of the Chinese Traveler

On Wednesday, we published a deep dive into Chinese outbound tourism. See highlights from the report and catch up on travel news headlines from the entire week.

How to Get Ready for the Return of the Chinese Traveler

Daily Lodging Report

A Sad Sack of Lodging SPACs Struggling as Public Companies

In an amazing recovery from over 700 points down, the DJIA ended the day down only 280 points while Nasdaq rallied to end up 6. Vacasa’s stock price plunged well into penny stock category, joining Sonder, before recovering somewhat, ending the day down -25%.

Short-Term Rentals

Vacasa Sees Increase in Properties Leaving Its Platform

Vacasa is trying to achieve profitability in 2023 while homeowners are leaving its platform, and it's forecasting that gross booking values will decline. Tough stuff.

Vacasa Sees Increase in Properties Leaving Its Platform

News Blog

Google Adds Last-Minute Rentals Platform Whimstay as Latest Partner

Google has added San Francisco-based startup Whimstay as a vacation rental partner. Whimstay focuses on booking last-minute vacation rentals and the selling of distressed inventory — or providing discounts on vacation rentals that would otherwise go unoccupied at full retail rates. Google will now add Whimstay's 150,000 vacation rental properties to its travel search function.…

Short-Term Rentals

Vacasa Exec Is Out Just 4 Months After Being Promoted

Some might argue that Vacasa is getting a substantial injection of Expedia DNA. The new CEO, chief commercial officer and principal operating officer all have Expedia ties.

Vacasa Exec Is Out Just 4 Months After Being Promoted

Short-Term Rentals

Vacasa Slashes Workforce and Other Top Stories This Week

In Skift's top stories this week, Vacasa makes another round of layoffs, Accor's CEO defends its major corporate overhaul, and more Americans plan to cut travel spending.

Vacasa Slashes Workforce and Other Top Stories This Week

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