Subscribe
Login
Online Travel

Vacation Rentals Manager Vacasa Taps New Chief Financial Officer: Is an IPO Far Off?

Sean O'Neill photo
Sean O'Neill
vacation rental Ocean Club 1201 Isle of Palms SC source vacasa

Photo Credit: An image of the beachfront pathway from vacation rental Ocean Club 1201 Isle of Palms, South Carolina. The property was recently managed by Vacasa, which has just entered the South Carolina market. Vacasa, the vacation rental property management manager, has resumed its acquisitions spree and hired a new chief financial officer. Vacasa

Skift Take

Today's low-interest rates make it a fine time to buy and rent out second homes in many markets. No wonder Vacasa has hired a new CFO and began acquiring properties again.

While tourism has cratered because of the pandemic, Vacasa, the largest full-service vacation rental property management company in the U.S., remains committed to the sector. The Portland, Oregon-based company has resumed its mergers-and-acquisitions activity. Looking ahead to a possible initial public offering, Vacasa announced on Tuesday it had tapped Jamie Cohen to be its chief financial officer. Cohen worked for more than a decade at ANGI Homeservices (owner of the Angie's List and HomeAdvisor brands), where she saw its annual revenue rise from $200 million to $1.4 billion. Cohen was introduced to the startup by Chris Terrill, a member of Vacasa's board and a former CEO of ANGI Homeservices. "An IPO is definitely part of a possible future for us," said Vacasa CEO Matt Roberts. "Part of being prepared is having the right people on the team with the right level of experience. So Cohen is a great, great additio

Online Travel coverage is exclusive for Skift Pro subscribers.

Subscribe for full access to all Skift coverage for as low as $50 a month.
See the latest online travel headlines.

Apple Pay, Google Pay, Paypal, VISA, Mastercard, Discover, American Express

Already a subscriber? Login