Tag: vacation rental

HomeToGo announces leadership changes

Germany: Vacation rental group, HomeToGo, has announced strategic changes to its leadership division following its acquisition of Swiss tourism company Interhome. The company said the acquisition strengthens its position across the vacation rental value chain by giving it more direct touch points with guests during their stays. Its B2B arm, HomeToGo_PRO, is now the group’s […]

Casago completes acquisition of Vacasa in $130 million deal

US: Property management franchise company Casago has finalised its acquisition of Vacation rental platform Vacasa, marking a significant shift in the North American short-term rental market. The transaction, valued at approximately $130 million, was completed on 30 April 2025, following approval from Vacasa’s stockholders on 29 April. Under the terms of the merger agreement, Casago acquired […]

Hostfully publishes 2021 vacation rental industry report

Worldwide: Property management platform Hostfully has compiled research examining the vacation rental market size and other industry statistics. It is estimated that globally, there are over 140,000 professional vacation rental management companies (VRMCs). Research shows that each company manages on average 79 properties, and spends nearly $50 per month per property on software tools that […]

Vacation rental revenues halved, $35b loss in 2020

Worldwide: According to data from StockApps, the revenue of the global vacation rental industry is expected to drop by $35 billion in 2020, which equates to a 42 per cent drop year-on-year. In 2017 the industry generated $78.7 million in revenue, which rose by seven per cent to almost $84 billion in 2019. However in […]

Wataga Properties sues Lloyds for $180m

Canada: Calgary-based vacation rental property management firm Wataga Properties has brought a class-action lawsuit worth $180 million against Lloyds Underwriters over claims that the insurance brand wrongfully denied business interruption claims related to the global pandemic. As the representative plaintiff, Wataga Properties’ complaint centred around business losses that were supposedly covered under a business interruption clause due […]

Ballyglunin Park completes three-year restoration

Ireland: Historical Irish manor house Ballyglunin Park has announced the completion of its three-year restoration project. The owners are now placing the property on the market as a luxury, self-catering vacation rental. The manor dates back to the 1640s when its lands were granted to Martin Blake, Galway high sheriff, by Charles II. The original […]

OYO targets US vacation rental market

US: Indian hospitality unicorn OYO is attempting to expand its company towards the US vacation rental market. The group hopes to take on a property management focused role, subleasing out properties on behalf of owners and operators. OYO, which specialises in managing budget hotels, currently operates around 50 homes in the US market so far. […]

Women only vacation rental platform Golightly has launched

Worldwide: New vacation rental service Golightly is providing a women only platform for rentals and renters. The company was inspired by a poor experience CEO Victoria O’Connell had renting her London home on Airbnb in 2017. In the aftermath of her home’s burglary and poor treatment, she wondered how many other women felt unsafe letting […]

InvitedHome co-founders switch to Austin-based TurnKey Vacation Rentals

United States: The co-founders of luxury vacation rental provider InvitedHome, Michael Joseph and Tom Feldhusen, have left the company to join Austin-based TurnKey Vacation Rentals. The pair will join the operations team, with Joseph taking over the position of vice president of owner success, while the latter has been named as the director of onboarding. […]

Vacasa moves into Portland headquarters in preparation for IPO

Portland: Vacasa has moved into its recently-built 61,000-square-foot headquarters in Portland’s Pearl District, in preparation for a potential initial public offering (IPO). The Portland headquarters will represent a showcase office for the vacation rental management company, which is headed by Vacasa chief executive, Eric Breon. Anticipating a surge in growth, Vacasa retained a lease on […]