Vacasa Inc Stock Price, News & Analysis

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.

Vacasa (Nasdaq: VCSA) announced its financial results for Q4 and full year 2021, surpassing guidance. For 2021, it achieved a record $1.9 billion in Gross Booking Value, with Revenue of $889 million, exceeding targets by over $130 million. The company expects to raise its full-year 2022 Revenue and Adjusted EBITDA outlook and anticipates reaching Adjusted EBITDA profitability in 2023. However, it reported a net loss of $118 million in Q4 2021, compared to $45 million in Q4 2020. The company has also expanded its sales force significantly, doubling its size.

Vacasa, North America’s leading vacation rental management platform, announced its Best Places to Buy a Beach House 2022 report. The report ranks top U.S. beach destinations based on cap rate and gross rental revenues, highlighting strong second home sales. Gulf Shores, Alabama, tops the list with a 10.2% cap rate and an annual rental revenue of approximately $56,000. Vacasa manages over 35,000 vacation homes across North America, Belize, and Costa Rica, providing specialized services to real estate buyers.

Vacasa (NASDAQ: VCSA), North America's leading vacation rental management platform, will announce its fourth quarter and full year 2021 financial results on March 16, 2022, after market close. A conference call will follow at 2:00 p.m. PT / 5:00 p.m. ET, hosted by CEO Matt Roberts and CFO Jamie Cohen. The live webcast will be available on Vacasa’s Investor Relations website, with a replay accessible for one year post-call.

Vacasa, a leading vacation rental management platform, will equip its portfolio of over 35,000 homes with advanced smart home technology at no cost to homeowners. This includes keyless locks, customized Wi-Fi routers, and a patented noise monitoring system, enhancing both guest and homeowner experiences. Nearly 13,000 homes already benefit from these technologies, with full rollout expected by the end of 2022. CEO Matt Roberts emphasized the commitment to safety and technology integration in the vacation rental market.

Vacasa, the leading vacation rental management platform, reveals that over half of Americans (56%) plan to travel this spring, marking a significant increase in travel intentions compared to previous years. Of those, 37% are specifically gearing up for Spring Break. The trend highlights a notable rise in hybrid workers (86%) and millennials (75%) planning trips. Popular destinations include Destin, Florida and Gulf Shores, Alabama. The survey also notes that 75% of respondents intend to travel more frequently this year than in 2021.