One reason Vacasa's board looks more favorably about the Casago bid is because of the leverage that Davidson Kempner wields over Vacasa as a debt holder. If Vacasa accepts the investment firm's bid and the deal gets dragged out, then Davidson Kempner would be in the driver's seat.
DanCenter's success in India will serve as a test of Oyo’s ability to adapt a global brand to local market dynamics. If it works, expect more global vacation rental players to follow suit.
Raising taxes on short-term rentals in Spain may not slow down the enormous demand for those properties. But it is a sign that the government is listening to those angry about the sector's perceived role in making housing unaffordable.
No company has been able to massively scale vacation rental property management despite rollup strategies that have often worked in other sectors. Will Casago-Vacasa be able to do it through a hotel-like franchising model or will that have its own pitfalls?
As direct competition from hotels and airlines in the consumer business increases, online travel companies in India are rapidly expanding their presence in the "more profitable" corporate travel segment.
As demand for luxury short-term vacation rentals rises in India, The Leela is seemingly seeking to leverage its established presence in the luxury hospitality space to capture more share of this market.
The U.S. vacation and short-term rental market has seen its supply growth rate drop in half over two years. It's like watching a sprinter decide to take up power walking.
If stiff regulation doesn't get in the way, it is very likely that short-term rentals will take a chunk of market share from hotels. That's why you'll see more hotels getting into the vacation rental biz.