Vacasa CEO sees an ‘epic summer’ for vacation rentals

The COVID-19 pandemic has supercharged the market for short-term vacation rentals, and experts say demand is showing no signs of slowing down.

“This is going to be an epic summer,” says Matthew Roberts, CEO of the vacation rental management company Vacasa. He tells Yahoo Finance Live that reservations are at an all-time high as pandemic-weary travelers seek out vacation rentals with space, privacy and pools.

“We’re up 213% March of 2021, over March of 2019, and we’re also seeing really high rates, higher rates than 2019 and higher occupancy as well. So business is booming,” he said.

Record demand combined

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Vacasa CEO sees an ‘epic summer’ for its vacation rental reservations

Matt Roberts, Vacasa CEO, joins Yahoo Finance’s Alexis Christoforous and Kristin Myers to discuss vacation rental trends in the upcoming months and Vacasa’s latest acquisition.

Video Transcript

KRISTIN MYERS: Well summer is on the way and people are traveling at some of the highest levels since the pandemic began. So let’s bring in Matthew Roberts, CEO of the vacation rental platform Vacasa. So Matthew, we have so much to talk to you about, including an acquisition that you guys made. But I want to start with how Vacasa has been doing lately, if you guys have seen an uptick in

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Vacasa Finalizes Acquisition of TurnKey Vacation Rentals

PORTLAND, Ore.–()–Vacasa, the leading vacation rental management platform in North America, announced it has closed the transaction under which it agreed to acquire TurnKey Vacation Rentals, a technology-enabled vacation rental property manager for premium homes in more than 80 destinations across the U.S.

This is a significant milestone for both companies, as we’ll utilize our collective strengths to do something that has never been done—create a premium standard for vacation rentals,” said Matt Roberts, CEO of Vacasa. “We’ll do this by leveraging decades of industry expertise and our technology built to optimize

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