Articles tagged “vacation rentals”

Sykes Cottages Sold for $480 Million in a Bet on Tech-Led Short-Term Rentals

The deal gives a nice return to private equity firm Livingbridge, which bought Sykes in 2015 for about $75 million. What makes Sykes Cottages stand out is that it has fully built almost all of its technology on its own and has almost 80 percent direct bookings. New majority stakeholder Vitruvian is now placing a bet on short-term rentals.

Vacasa Nets $319 Million in Backing for Vacation Rental Management

Short-term rental companies can't believe their luck. Private equity and venture capital continue to pour into their sector despite a hot market. Vacasa has remained an investor darling, in part, because it has branched into opening real estate brokerages to help boost the supply of units.

Airbnb Makes Debut in Google Vacation Rentals — For Now

In online travel, everything is tactical and not necessarily permanent. But for now, at least, those coveted Airbnb listings are appearing in Google's vacation rental pages in some European cities. This could have big implications for both companies if those listings remain.