Welcome to our dedicated page for Vacasa news (Ticker: VCSA), a resource for investors and traders seeking the latest updates and insights on Vacasa stock.
Vacasa, Inc. Class A Common Stock (VCSA) represents a leader in the vacation rental industry, headquartered in Portland, Oregon. Vacasa specializes in professional rental management services, overseeing more than 2,300 vacation homes in premier travel destinations across North and Central America. Expanding its reach, Vacasa is poised to offer properties soon in Europe, Australia, and New Zealand.
The company provides an array of options, from serene beach cottages along the Oregon Coast to opulent ski chalets in Vail, catering to a variety of guest preferences. Their comprehensive management services are designed to reduce the stress for homeowners while maximizing rental income. Vacasa's dedicated team also emphasizes personal and professional growth for its employees.
What sets Vacasa apart is its innovative integration of purpose-built technology with local and national expertise, transforming the vacation rental experience. Guests benefit from a seamless online booking process and a trusted brand presence in the vacation rental market.
For more information about Vacasa’s services, property management opportunities, job openings, or to book your next vacation, visit their website at vacasa.com.
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.
Vacasa (NASDAQ: VCSA), a leading vacation rental management platform in North America, will announce its Q2 2022 financial results on August 10, 2022, after market close. A conference call, featuring CEO Matt Roberts and CFO Jamie Cohen, will follow at 2:00 PM PT to discuss the results. The live webcast will be accessible through Vacasa's Investor Relations website, with a replay available for a year post-call.
Vacasa has published its fifth annual report highlighting the Top 25 Best Places to Buy a Vacation Home. The report evaluates markets based on capitalization (cap) rate, median home sale prices, and annual gross rental revenues. Lake Anna, Virginia tops the list, supported by a significant interest in waterfront properties. Despite current shifts in the real estate market, Vacasa emphasizes the importance of specialized agents for navigating vacation rental investments.
Vacasa (NASDAQ: VCSA), North America's leading vacation rental management platform, has released its 2022 Vacation Rental Search Report, based on data from 12 months of site visits to Vacasa.com. This report outlines significant travel trends and guest preferences, revealing a 123% surge in searches for Hawaii and highlights that Thursday bookings have increased by 70%. Travelers are averaging nearly four-night stays, with popular destinations being beach locales.
Vacasa (NASDAQ: VCSA), the leading vacation rental management platform in North America, announced that CEO Matt Roberts will join a fireside chat at the 50th Annual J.P. Morgan Global Technology, Media and Communications Conference on May 24, 2022, at 2:50 p.m. ET. The event will be accessible via a live webcast on Vacasa’s investor website. Vacasa offers over 35,000 vacation homes across more than 400 destinations in North America, Belize, and Costa Rica, leveraging innovative technology to maximize homeowner revenue and provide 24/7 guest support.
Vacasa (Nasdaq: VCSA) reported a strong first quarter for 2022, with revenue growing 91% year-over-year to $247 million, and Gross Booking Value (GBV) increasing 101% to $494 million. The company generated over $1 billion in rental income for homeowners in the past year. Despite a net loss of $56 million, there was a slight improvement in Adjusted EBITDA, which was negative $22 million. Vacasa reiterated its guidance for 2022 revenue and expects Adjusted EBITDA profitability in 2023.
Vacasa (NASDAQ: VCSA) has appointed John Banczak as Chief Strategy Officer to guide innovation and long-term growth strategies. Banczak, previously Senior VP of Innovation, will lead corporate development and continue his work with the innovation team. His extensive background includes co-founding TurnKey Vacation Rentals, where he implemented technology solutions for property management. CEO Matt Roberts emphasized the importance of investing in technology and personnel to tackle industry challenges. Vacasa aims to enhance the vacation rental experience through advanced technology integration.
Vacasa (NASDAQ: VCSA), North America's top vacation rental management platform, will report its Q1 2022 financial results after market close on May 11, 2022. A conference call led by CEO Matt Roberts and CFO Jamie Cohen will follow at 2:00 p.m. PT / 5:00 p.m. ET. Investors can access the live webcast via Vacasa’s Investor Relations website, with a replay available for one year.
Vacasa, a leading vacation rental management platform, reveals trends in summer travel as survey data shows 63% of Americans intend to vacation this summer, up from 59% in 2021. Additionally, 85% of summer travelers plan to vacation more frequently than last year. Popular destinations include waterfront locations and national parks, with Kauai, Hawaii, topping the list. Despite rising travel costs, the demand for vacation rentals remains strong, with 32% of travelers opting for them. The Fourth of July weekend is expected to see the most travel activity.
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