US: Vacasa, North America’s largest vacation rental management platform, has purchased Big Easy Vacation Rentals from Louisiana entrepreneur Johnson Clawson.
Big Easy Vacation Rentals was founded almost five years ago and at the height of its presence in New Orleans, Clawson and his two partners managed between 30 and 35 properties in total. However, local regulations forced the company to cut its inventory by around a half six months ago when they were updated to take a harder line on rentals.
The terms of the deal were not divulged, but Vacasa now manages the Big Easy Vacation Rentals portfolio, which includes 12 properties in New Orleans.
One company representative told Silicon Bayou News: “As a bonus, Vacasa partners with all the major booking channels (Airbnb, Booking.com, HomeAway etc) and uses its proprietary Yield 2.0 technology to optimise pricing and booking for homeowners – much like the way airlines do.”
One key reason why Clawson decided to sell Big Easy to Vacasa was because they claim to be diligent about doing short-term vacation management the “right way”, including following all regulations, paying taxes, obtaining the required permits to operate, and recruiting local staff to its team.
Vacasa is currently present in 28 states and 16 countries with thousands of legal vacation rentals available through the platform.
For more information, visit the Vacasa website here.
