Latest News in the Vacation Rental Industry

C2G Advisors wants to congratulate Vacasa and Slopeside Okemo in their recent partnership. This acquisition marks Vacasa’s entry into the ski resort town of Ludlow, VT. The team at C2G Advisors is proud to have represented the seller, Slopeside Okemo, during the transaction.

C2G Advisors congratulates Interro Partners on their recent acquisition of Second Home Second Chance in Alma Colorado, a beautiful mountain town just south of Breckenridge. This transaction marks Interro Partner’s entrance into the vacation rental industry. C2G Advisors is proud to have represented the seller, Second Home Second Chance, during the deal.

In the third and final chapter of this series, we analyze the EBITDA and Net Revenue multiples we’re seeing in the vacation rental market today. We also take a step towards the fine print by looking at the structure and terms of the deal. With all three articles, we hope you now have a better understanding of preparing your vacation rental company to sell! Click here to see the article in VRM Intel or read it below!

Check out this all-star panel discussing what buyers are looking for in a vacation rental company in regards to technology. Hosted by Jacobie Olin and includes Jakob Dwyer (RealJoy Vacations), Steve Milo (Vtrips), and Zac Monahan (Vacasa). Watch the video below!

On July 1, Towne Bank acquired Venture Resorts, the largest cabin rental company in the Smoky Mountains. With nearly 400 cabins, Venture Resorts provides “accommodations for groups of all sizes visiting the Great Smoky Mountains National Park, the most visited national park in the United States.” With the acquisition of Venture Resorts, Towne now manages over 1900 vacation rental properties across the SouthEast.

Part two of this three part series dives into assembling your staff and rental management contracts for your potential exit. It also looks at how buyers value the owner in daily operations and which clauses are most important in your rental agreements. You can read the article in VRM Intel.

Vtrips expands its presence within Florida and Tennessee with three strategic acquisitions of Resort Collection, Distinctive Beach Rentals, and Resort Property Management. These moves help solidify Vtrips as one of the largest and strongest vacation rental brands in the United States. Vtrips now manages a portfolio of over 3000 exclusive homes and condos.

C2G, along with several other industry experts, provided input to VRM Intel on the new wave of investor interest in the short-term vacation rental industry. Jacobie stated, “they all have different objectives when focusing on the short-term vacation rental industry. Some want to disrupt the start-up ecosystem by attempting to solve pain points through technology. Others are trying to ‘roll-up’ different verticals, while others are trying to do a real-estate play. Airbnb’s recent IPO brought a new wave of exposure on our industry.”

Here’s a quick and easy two-step process to value your vacation rental company. Holding all other KPIs equal (market, growth, operations, pacing, etc.) this will help give you a high-level understanding of what your vacation rental business is worth. Check out the article on LinkedIn!