Vacasa to acquire TurnKey Vacation Rentals
US: Portland-based vacation rental management platform Vacasa has announced that it has signed an agreement to acquire TurnKey Vacation Rentals, a vacation rental manager for premium homes in more than 80 destinations across the United States. The transaction brings together two prominent vacation rental management companies with complementary portfolios and capabilities. The deal is expected to close […]
Vacasa appoints Cohen as new CFO
US: 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 appoints Terrill and Cohen to board of directors
US: 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 secures $108m Series D round led by Silver Lake
US: 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
US: 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
US: 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 […]
Matt Roberts replaces Eric Breon as interim Vacasa CEO
US: Vacation rental management company Vacasa has announced the appointment of former OpenTable CEO and indepdent Vacasa board director, Matt Roberts, as its interim chief executive officer. The appointment follows founder Eric Breon’s decision to initiate a search for a CEO to lead the company’s next phase of growth. Breon will remain on Vacasa’s board […]
“More guests seeking hotel-quality experience”: Vacasa’s Matt Roberts
US: ShortTermRentalz spoke to former OpenTable CEO and newly-appointed director at Vacasa, Matt Roberts, about his entry into the vacation rental space and trends in shifting preferences for accommodation for guests. How will you be able to apply your experience as CEO at OpenTable to your new role at Vacasa? As a former CEO of […]
Vacasa appoints Matt Roberts to board of directors
Oregon: Vacasa has announced it has appointed former OpenTable CEO Matt Roberts to the company’s board of directors. Roberts, an experienced technology executive, is well regarded from his tenure at restaurant booking service OpenTable, where he served as CEO from 2011 to 2015 and as CFO from 2005 to 2011. During that time, the company’s […]