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Vacasa and Affirm announce partnership
Reading Time: 2 minutesUS: Portland-based vacation rental management company Vacasa has partnered with Affirm, a transparent alternative to credit cards, in order to provide flexible payment options to those planning their next vacation. Now when booking on Vacasa, eligible travellers will be able to select Affirm at checkout, and split the cost of US vacation rentals into monthly […]
Vacasa releases annual winter vacation home report
Reading Time: 2 minutesUS: Vacation rental property management company Vacasa has released its 2020/21 report outlining the Best Places to Buy a Winter Vacation Home. Vacasa’s third annual ranking of the Best Places to Buy a Winter Vacation Home is based on cap rate, or the annual rate of return on investment, and includes key market data to help potential […]
Vacasa appoints Cohen as new CFO
Reading Time: 2 minutesUS: Vacation rental management company Vacasa has announced the appointment of Jamie Cohen as its new chief financial officer [CFO]. Cohen is the former CFO of ANGI Homeservices, a leading digital home services marketplace, and will join Vacasa at the beginning of March. Vacasa CEO Matt Roberts said: “I am excited to welcome Jamie to the team […]
Vacasa expands into Wyoming
Reading Time: 2 minutesUS: Vacation rental management company Vacasa has announced the acquisition of 45 short-term rental properties in the greater Jackson Hole area, marking the firm’s first entry into Wyoming. The company has assumed management of Mountain Property Management’s short-term rentals, including chalets and cabin-style rentals. Wendy Meyring, the owner of Mountain Property Management, will retain the […]
Vacasa appoints Terrill and Cohen to board of directors
Reading Time: 2 minutesUS: Vacation rental management company Vacasa has added two experienced executives to its board of directors in the shape of Chris Terrill and Chad Cohen. Terrill was formerly the CEO of internet services company ANGI Homeservices [Angie’s List] / HomeAdvisor, while Cohen has been the CFO of Adaptive Biotechnologies and is the former CFO of online real estate database firm Zillow Group. Both […]
Vacasa publishes 2020 vacation home report
Reading Time: 2 minutesUS: Vacation rental management platform Vacasa has released the 2020 edition of its Top 25 Best Places to Buy a Vacation Home report. The annual Top 25 Best Places to Buy a Vacation Home report was launched in 2018 and ranks the best US destinations to invest in a vacation rental property by average cap rate [or yearly rate […]
Vacasa purchases Vail Resort Rentals
Reading Time: 2 minutesUS: Vacation rental management company Vacasa has purchased Colorado-based management firm Vail Resort Rentals. Vail Resort Rentals, which has been owned since 1996 by local resident Dale Bugby, has served visitors seeking short-term stays in Vail since 1983. Bugby told Vail Daily: “It has been a wonderful career providing hotel operations for luxury condos and […]
Vacasa secures $108m Series D round led by Silver Lake
Reading Time: 2 minutesUS: Vacation rental management platform Vacasa has announced a $108 million strategic investment round. The financing was led by existing investor Silver Lake with participation from other existing investors including Riverwood Capital and Level Equity. Silver Lake previously invested in Vacasa last October in a $319 million strategic investment round, with participation from the same […]
Vacasa announces large-scale layoffs with immediate effect
Reading Time: 2 minutesUS: Portland-based vacation rental management platform Vacasa has notified its employees of an unspecified number of layoffs from the company, believed to be in the hundreds, with immediate effect. The company says it is making workers redundant across all functions globally and, in a statement released on Friday, it attributed the job losses to the current […]
Vacasa appoints Mike Dodson as CRO
Reading Time: < 1 minuteUS: Vacation rental management platform Vacasa has announced it has hired senior executive Mike Dodson as the company’s chief revenue officer. Dodson is a 14-year veteran of restaurant reservation service, OpenTable, where he served as chief revenue officer. At OpenTable, Dodson led worldwide business acquisition, growth and retention, and is credited with scaling the company […]