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Private Equity Looks to Challenge Vacasa by Backing VTrips Vacation Rental Firm

Sean O'Neill photo
Sean O'Neill
vtrips vacation rental source vtrips

Photo Credit: A beachfront vacation rental in Panama City, Florida, recently bookable via Vtrips, a vacation rental property management company. Vtrips

Skift Take

The vacation rental market is big enough to accommodate multiple players with digital and operational savvy, including both Vacasa and VTrips.

North America has about 1.5 million vacation homes for rent and about 10,000 property management companies, many of which use outdated technology and work processes. So a gold rush is underway to help professionalize and digitize the sector. Vacasa, a vacation rental property management company, last month said it planned to go public in a $4.5 billion deal with a blank check company. Then late on Thursday, VTrips, a vacation rental property management company based in Ponte Vedra Beach, Florida, said private equity firm Hudson Hill Capital had taken a

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