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. (Nasdaq: VCSA) is described in its own communications as a leading vacation rental management platform in North America, and its news flow reflects both operational updates and significant corporate events. Company press releases cover topics such as quarterly financial results, strategic transactions, and research on vacation home investment markets.
Recent news has focused heavily on Vacasa’s merger process with Casago, a premier vacation rental property management company. A joint announcement detailed a definitive agreement under which Casago will acquire all outstanding shares of Vacasa held by public stockholders for cash. Later updates reported an amended agreement increasing the per-share consideration and noted that Vacasa stockholders approved the proposed merger at a special meeting, with the transaction expected to close subject to remaining conditions.
Other corporate news items include Vacasa’s confirmation of an unsolicited, non-binding acquisition proposal from Davidson Kempner Capital Management LP and subsequent determinations by Vacasa’s Special Committee that revised proposals from Davidson Kempner did not constitute, and were not reasonably likely to result in, a “Superior Proposal” compared with the Casago agreement. These releases provide insight into the company’s strategic review process and board-level decision-making.
Operationally oriented news includes quarterly earnings announcements, where Vacasa describes itself as North America’s leading vacation rental management platform and directs investors to shareholder letters and conference calls for more detail. The company also issues thematic content, such as its “Top 25 Best Places to Buy a Vacation Home” report, which highlights U.S. destinations that Vacasa identifies as attractive for vacation rental investment.
Investors and observers following VCSA-related news can use this page to track developments around the Casago merger, acquisition proposals, financial reporting dates, and Vacasa’s perspective on vacation rental markets.
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
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.
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.