Vacasa
Vacasa managed 35,000 vacation rentals across 1,000 markets and its stock fell 90 percent. There
Managing a vacation rental from 1,000 miles away is a logistics nightmare. Someone needs to coordinate cleaners, handle guest complaints at two in the morning, and adjust pricing daily. Most owners either do it poorly or hire a local manager who takes 30%. For Casa Bette, it could professionalise the operation at national scale. Founded in 29 in Portland, for Casa grew into the largest vacation rental management company in North America. Over 35,000 homes across 1,000 markets, revenue reached 1.2 billion. The pitch was simple. Let us manage everything. You collect the income.
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