Vacasa, Inc. - VCSA STOCK NEWS

Vacasa released its report identifying the Best Places to Buy a Winter Vacation Home 2022-2023, highlighting top mountain markets based on cap rates. The report features seven new markets and ranks Eastern Oregon at the top. Key returning locations include the Poconos and Banner Elk, NC. Recent interest rate hikes have shifted market dynamics, giving buyers more negotiating power. This year's list reflects a change in homeowner returns due to rising home prices and the cooling housing market.

Vacasa, Inc. (Nasdaq: VCSA) reported its financial results for Q3 2022, showcasing its position as North America’s leading vacation rental management platform. The company continues to expand its portfolio, managing over 35,000 homes across more than 400 destinations, including operations in Belize and Costa Rica. Vacasa emphasizes its integration of technology to optimize revenue for homeowners and provide a seamless experience for guests. A conference call is scheduled for today at 2:00 p.m. PT to discuss these results further.

Vacasa, the leading vacation rental management platform, anticipates a busy travel season as survey results reveal that 53% of U.S. residents plan to travel from December 2022 to February 2023. The report shows 91% of winter travelers adjusting their plans due to rising costs, with 71% having booked their trips in advance. Notably, 40% expect to travel more frequently in 2023. Popular destinations include both warm and snowy locales, with many travelers opting to work remotely during their holidays.

Vacasa (NASDAQ: VCSA) is set to announce its third quarter 2022 financial results on November 9, 2022, after market close. The conference call will be hosted by CEO Rob Greyber and CFO Jamie Cohen at 2:00 p.m. PT / 5:00 p.m. ET. Investors can access the live webcast on Vacasa’s Investor Relations website, with the replay available for one year post-call. Vacasa is a leader in vacation rental management in North America, with over 35,000 homes across 400 destinations. The company's technology optimizes homeowner revenue while ensuring consistent guest support.

Vacasa (NASDAQ: VCSA) has partnered with Sony Pictures to offer a unique stay at the Ghostbusters Firehouse in Portland, Oregon, from October 28-31, 2022. This immersive experience is bookable starting October 21, 2022, for $19.84 per night, celebrating the year the first Ghostbusters movie was released. Only one group of up to five guests will have access to the two-bedroom, fully equipped firehouse, complete with Ghostbusters-themed features and gadgets. Additionally, Vacasa will donate to the Oregon Volunteer Firefighters Association in conjunction with this event.

Vacasa (NASDAQ: VCSA), North America’s leading vacation rental management platform, announced that CFO Jamie Cohen will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 14, 2022, at 10:30 a.m. ET. The event will be accessible via webcast on Vacasa’s investor website. Vacasa offers over 35,000 homes across more than 400 destinations, providing homeowners with technology-driven revenue optimization and guests with 24/7 support. For more details, visit Vacasa Press.

Vacasa shares insights from its 2022 Fall Travel Trends survey, revealing that 58% of respondents plan to travel this fall, with a notable increase in frequency compared to 2021. Key findings indicate that 34% prefer autumn getaways for better weather, and 79% will travel domestically. Additionally, 76% of hybrid/remote workers are set to travel, while 64% of travelers avoid crowds. The impact of COVID-19 on travel decisions is diminishing, down to 16%.

Vacasa manages over 35,000 vacation rentals across 400+ destinations.

Vacasa has appointed Rob Greyber as the new Chief Executive Officer, effective September 6. Greyber, with over 20 years in the travel and technology sectors, most recently served as President of Egencia, a former Expedia Group entity. He succeeds Matt Roberts, who guided the company through challenging times, including a significant increase in Gross Booking Value and taking Vacasa public in December 2021. The board anticipates Greyber will leverage his expertise to drive profitable growth and further innovate in the vacation rental industry.

Vacasa (Nasdaq: VCSA) reported strong Q2 2022 results, with a 31% year-over-year revenue increase to $310 million and a Gross Booking Value growth of 32% to $676 million. The company raised its full-year revenue and Adjusted EBITDA guidance, anticipating adjusted profitability in 2023. Highlights include welcoming thousands of new homeowners, a significant technology enhancement, and achieving net income of $10 million compared to a $20 million loss last year. Vacasa's strategy focuses on leveraging technology for growth and maintaining its leadership in vacation rental management.