As we reflect on 2023, the landscape of vacation rental M&A transactions underwent substantial shifts following the post-pandemic rush. Trends indicated markets stabilizing, providing short-term rental businesses with a more steady pace to gather better data and insights for strategic planning.
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How to Increase the Value of Your Short-Term Rental Business In this article you’ll learn proactive steps you can take today to elevate your business for tomorrow. Whether you are looking for guidance with industry best practices or may be interested in selling your short-term rental business at some point in the future, implementing these items will guide your company to becoming a market leader.
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Rebecca Lombardo, a marketing strategist in the short-term rental industry, conducts an exclusive interview with STR advisor and President of C2G Advisors, Jacobie Olin. Through her VendorVibes vlog, Rebecca offers concise YouTube interviews that connect buyers, sellers, and vendors in the industry.
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6 Steps to Successfully Sell Your Vacation Rental Business 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 period with the nuance of numerous moving pieces. However, the acquisition process can be more streamlined when armed with the right knowledge. Whether you’re considering retirement, shifting your career focus, or would just like to cash in on your investment, here are six steps on how to sell a vacation rental management business successfully.
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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. Congratulations to both parties on their strategic partnership and future success.
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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
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