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.
Early in the pandemic, a bunch of property managers handling multi-family buildings went out of business. Many vacation rental property managers have recently faced a softer reckoning, but an inflection point nonetheless.
The number of short-term rental platforms is growing rapidly. Remaining successful will mean creating a simple user experience for hosts and travelers.
Vacasa and Sonder, two prominent short-term rental companies, face delisting notices from Nasdaq but have plans to address the issue and regain compliance.
Today's edition of Skift's daily podcast looks closer at hotel CEOs' optimism, new research about Vacasa's business, and a jet ordering battle in India.