Short term rental market
Vacation rental management platform Vacasa announced that it acquired Wyndham Vacation Rentals from Wyndham Destinations for $162 million, financed through a combination of $156 million cash and $10 million in Vacasa equity. Never heard of Vacasa? The company has been making inroads in the vacation home market since 2009, focusing on short-term rental management and,…
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What makes a traveler choose Airbnb over a hotel? A variety of reasons, one survey by IPX1031 revealed, including privacy and better options. And with many second home owners opting to take advantage of the relative ease short-term rental companies like Airbnb provides in earning a little income from a property that sometimes sits dormant,…
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