Articles tagged “vacasa”

Vacasa's problem of homeowner churn continues, but the company is resting its hopes on cost cuts.

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. 

Consider this a peek behind the curtain of VTrips, which has not been immune from the layoffs rocking the property management industry.

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 officials said they are focusing on execution and there are modest signs of progress. Still, no one said this would be easy.

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.