Selling a short-term vacation rental business is no small decision. It’s a process that combines the complexity of a multi-month due diligence process with the nuance of numerous moving pieces.
Hometeam Vacation Rentals expands its presence into Texas with the acquisition of Sand Key Realty in Port Aransas. For many years, Sand Key Realty has been a boutique local vacation rental manager in the Port Aransas market
So, you heard from an industry colleague that they sold their 50-unit short-term vacation rental business for a 10 multiple of their EBITDA. While technically that may be true, the buyer was likely not placing a multiple on EBITDA