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Vacasa completes acquisition of two Virginia Beach firms
Reading Time: 2 minutesUS: Oregon-based vacation rental management firm Vacasa has announced its entry into Virginia with the acquisition of two companies in Virginia Beach: Sandbridge Realty and Beach Pros Realty. Financial details of the transactions were not disclosed by Vacasa. Founded in 1992, Sandbridge Realty has served Sandbridge Beach and the surrounding areas of Virginia Beach, offering […]
Vacasa taps Whimstay as booking partner for last-minute travel
Reading Time: 2 minutesUS: San Francisco-based last-minute reservation platform Whimstay has entered into a partnership agreement with vacation rental management platform Vacasa. Founded in 2018, Whimstay will now be a premier sales partner for last-minute reservations at Vacasa’s 35,000+ vacation rental properties. With the new partnership and addition of Vacasa’s inventory, Whimstay customers will be able to book stays at more than 100,000 vacation […]
Vacasa raises $340m in SPAC merger at $4.4bn valuation
Reading Time: 2 minutesUS: Portland-based vacation rental management platform Vacasa has closed its business combination with special purpose acquisition company [SPAC] TPG Pace Solutions. The merger was approved on 30 November at a meeting between TPG Pace Solutions’ stakeholders, and Vacasa will immediately begin trading on the Nasdaq Global Select Market under the ticker symbol “VCSA”. The company […]
Vacasa appoints Messing to board of directors
Reading Time: 2 minutesUS: Vacation rental management platform Vacasa has announced that Barbara Messing is set to join the company’s board as an independent director upon the successful completion of its merger with special purpose acquisition company [SPAC] TPG Pace Solutions. Messing will bring a wealth of public company, marketing and travel experience to the company, having served as the […]
Vacasa reports record Q3 results before imminent SPAC merger
Reading Time: 4 minutesUS: Portland-based vacation rental management platform Vacasa has followed the lead of Airbnb by announcing record-setting financial results for a third quarter, which ended on 30 September. In addition, the company provided an update on its upcoming SPAC merger with special purpose acquisition company TPG Pace Solutions, revealing that it currently expects to close the […]
Vacasa releases new homeowner app and expands tech platform
Reading Time: 3 minutesUS: Portland-based vacation rental management platform Vacasa has announced the release of its homeowner app connecting homeowners with insights into the management, care and performance of their vacation rental home. The Vacasa Homeowner app is seen as a key addition to Vacasa’s suite of technologies to professionalise the vacation rental experience for homeowners and guests, and […]
It’s Cabin Time expands book-direct brand in the USA
Reading Time: 2 minutesUS: Book-direct cabin and vacation rental listing network, It’s Cabin Time, is expanding its collection of regional listing sites into ten US states, as it aims to bring the direct booking experience to independent vacation rental owners and property managers of all sizes across the country. The Wisconsin-based company recently launched regional book-direct listing sites in […]
Vacasa unveils top 25 places to buy a vacation home in 2021
Reading Time: 2 minutesUS: Portland-based vacation rental management platform Vacasa has released its 2021 Top 25 Best Places to Buy a Vacation Home report. The company’s fourth annual report ranks the best US destinations to purchase a vacation rental property based on average cap rate, or yearly rate of return, and reveals a number of new markets with investment potential. During the pandemic, mortgage-rate […]
Vacasa completes pair of major acquisitions
Reading Time: 3 minutesUS: Portland-based vacation rental management platform Vacasa has completed a pair of major acquisitions in California and Alabama. The company has confirmed the purchase of SeaBreeze Vacation Rentals, a premier management company in Southern California, and Meyer Vacation Rentals and Meyer Services from SH Enterprises, on the Alabama Gulf Coast. With the SeaBreeze transaction, Vacasa will […]
Vacasa to go public at $4.5bn valuation via SPAC merger
Reading Time: 3 minutesUS: Portland-based vacation rental management platform Vacasa has announced that it has entered into an agreement to become a publicly traded company through a business merger with special purpose acquisition company [SPAC] TPG Pace Solutions. Upon closure of the transaction, the combined company is expected to trade publicly under the ticker symbol ‘VCSA’ and earn Vacasa a […]