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.
Read MoreC2G, 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.”
Read MoreHere’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!
Read MoreJacobie Olin, President at C2G Advisors and Olin Realty Group, discusses high level vacation rental business evaluations. What is your vacation rental company worth? Click Here to read the article in VRM Intel.
Read MoreVacasa, the largest vacation rental manager in the United States, acquired their rival Turnkey VR in one of the largest acquisitions in the industry. Jacobie mentioned to Phocuswire, “The acquisition if implemented correctly, will be beneficial to their guests and homeowners alike. The homeowners will have a variety of management models to choose from, and the guests will be privy to more differentiated inventory and a broader range of markets.”
Read MoreC2G’s Jacobie Olin joined Heather Bayer on her Vacation Rental Formula podcast to discuss ways in which sellers can plan for their eventual sale. They discussed what is involved in an exit strategy, actions to take, how companies are valued, and common pitfalls that can be avoided. Another episode will be recorded focusing on the the other end of the equation, what buyers need to look for in an acquisition. You can listen to the Vacation Rental Formula podcast here.
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If the idea of selling your short-term rental business has crossed your mind, you’ve likely pondered the age-old question: How much is my company actually worth? You might think this is territory reserved for financial gurus and M&A experts. But guess what? By measuring a bit of your company’s data, estimating a value for your STR business is more simple than it sounds. Here are the top business valuation methods for property management & vacation rental companies in 2o24.
Read MoreMajor Acquisition Deal in the Luxury Vacation Rental Space Santa Rosa Beach, FL September 2020.
Read MoreGatlinburg, TN July 2020. Cabins For You, under a subsidiary, has further expanded its rental inventory footprint in the Smoky Mountains by acquiring Chalet Village Properties. Terms of the transaction were not disclosed. Chalet Village has approximately 70 high-quality vacation rentals around the Gatlinburg/Pigeon Forge area.
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