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.
Vacasa, like the short-term rental sector overall, is coming off of a pandemic-fueled growth spree and faces the question of what comes next. Can Vacasa tap into first-party growth while scaling back cash-intensive investments? With investor patience running thin, the clock is ticking.
Vacasa, like the short-term rental sector writ large, is coming off of a pandemic-fueled growth spree and faces the question of what comes next. Can Vacasa tap into first-party growth while scaling back cash-intensive investments? With investor patience running thin, the clock is ticking.
Airbed & Breakfast anyone? The rental sector have come a long way over the past decades. We recognize the 250 most prominent companies that shape the short-term rental industry today.
Sonder and Vacasa, both of which face potential delistings in 2023, gave their CEOs pay packages worth $21 million and $13 million, respectively, over the coming years. As these things go, that's ample motivation to improve performance.
These things we know are true: Travelers change their booking patterns in response to changes in prices and weather. Travel companies change their finance chiefs when profit is elusive.
Private Equity restructuring for some short-term rental companies may be welcome — even as it means change of management, possible furloughs and cutting parts of the business. Analysts warn against spelling doom against the entire industry, however, demand still remains strong.