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VRM Intel News

COVID-19

Vacasa announces layoffs, executive pay cuts, and cuts in hours for others

Amy Hinote -
Earlier today, Vacasa notified employees it is laying off an unspecified number of workers, cutting the hours of others in half, and reducing executive...
COVID-19

For Vacation Rental Management Executives: What Do You Need to Do Now?

Amy Hinote -
Over the past 72 hours, it has become clear that vacation rental managers are facing a much more serious impact from COVID-19 than previously...
COVID-19

Vacation Rental Booking in Leisure Markets is Holding Steady: Vacation Rental Booking Pace from March 5 to March 13

Amy Hinote -
According to current data—and in contrast to other sectors of travel—vacation rentals are performing better than anticipated in spite of COVID-19 concerns. We often talk...
COVID-19

VRM Intel Schedules Online Conference for Vacation Rental Managers

Amy Hinote -
After successful VRM Intel Live! conferences in Destin and Gatlinburg, we were hoping to schedule more of these regional shows in 2020 to bring...
COVID-19

Current Data Shows Vacation Rental Booking Activity for Spring Break and Summer in US Leisure Destinations Still Strong, In Spite of Coronavirus Concerns

Amy Hinote -
As news circulated throughout the world about the highly contagious coronavirus, or COVID-19, the travel industry began to see increases in cancellations and decreases...
COVID-19

Webinar: Is the coronavirus affecting short-term vacation rental booking activity?

Amy Hinote -
With all the questions we've had this week about the potential slowdown in travel, we decided to ask the experts. Is it panic or...
Latest News

Scott Breon steps down from Vacasa as Head of Revenue and Chief Analytics Officer

Amy Hinote -
Scott Breon, chief analytics officer and head of revenue at Vacasa, is leaving his position at the company, according to insider sources. Scott began with...
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News

Condo-World Acquires North Myrtle Beach’s CondoLux

Amy Hinote -
Condo-World Continues to Leverage Proprietary Technology and its Hybrid-OTA Model in 2020 Expansion Strategy Late last year, Condo-World, based in in North Myrtle Beach, South...
Latest News

Expedia shifts focus to direct consumer relationships: “SEO is not the future of our business”

Amy Hinote -
In a refreshingly clear-eyed and candid earnings call on Thursday, Expedia Group Chairman and senior executive Barry Diller and vice-chairman Peter Kern (who are...
Latest News

Vacasa names interim CEO as founder Eric Breon steps down

Amy Hinote -
Vacasa announced today it  has appointed Matt Roberts, former OpenTable CEO and independent Vacasa board director, as interim chief executive officer. This appointment follows...
Marketing

OTAs take on Google Vacation Rentals asking EU to investigate anti-competitive platform

Amy Hinote -
According to Bloomberg, Expedia Group Inc., TripAdvisor Inc. and more than 30 vacation rental providers asked the European Union to investigate how Google shows vacation rentals,...
Marketing

The Wild West and the Vacation Rental Industry

Amy Hinote -
The 2020s: This new decade will establish law, order, and professionalism for the vacation rental industry. The vacation rental industry is like the Wild West. Over...
Latest News

Three-Year Vacation Rental Performance: Average Daily Rate, Adjusted Occupancy, Adjusted RevPAR, and Average Booking Window across 12 Key Vacation Rental Regions

VRM Intel Staff -
Now that vacation rental managers and destinations are contributing source data, we are beginning to get a factual view of actual performance over the...
Education

VRM Intel Magazine Winter 2020 is Here!

VRM Intel Staff -
The Winter 2020 issue of VRM Intel Magazine is here. From the top of the marketing funnel to the gunk of deep cleans, this...
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Marketing

Pricing Decisions for VRMs: Considering Levers and Constraints when Adjusting Pricing for Vacation Rentals

Anurag Verma -
Most people in the vacation rental industry are comfortable with the idea that prices and availability settings for vacation rentals should change depending on...
Latest News

Predicting a recession? Historically, vacation rentals in domestic leisure destinations perform well during recession periods

Amy Hinote -
While no one wishes for a recession, it is hard to ignore multiple predictions that one is coming. As we look at travel sectors...
Education

VRM Intel Live! coming to Destin, January 23, 2020

Amy Hinote -
VRM Intel Live! is coming to Sandestin's Baytowne Wharf Conference Center, January 23, 2020, with 20 educational sessions and workshops for professional vacation rental...
Marketing

18 Months in Review: A Look at Actual ADR, Occupancy, Length of Stay, and Booking Window Across Key Vacation Rental Markets

Amy Hinote -
While the concept has taken time to catch on, vacation rental managers and DMOs are beginning to value and utilize comparative data platforms that...
Service

Looking for that special family Christmas gift? 5 reasons to give the gift of time with a family vacation (plus booking tips)

Amy Hinote -
Choosing the right Christmas presents for family members can be challenging. We look for gift ideas that are meaningful, create joy, build lasting memories,...
Latest News

Expedia’s stock tanks as company looks to bypass Google and increase direct bookings on Vrbo

Amy Hinote -
Expedia’s stock is down 26 percent today after the company posted Q3 2019 results showing underperformance. According to Bloomberg, Vrbo posted another decline in...
Latest News

Vacasa raises $319M to ramp up global expansion

Amy Hinote -
Vacasa, today, announced a $319 million strategic investment round led by tech investor Silver Lake, along with existing investors Riverwood Capital, Level Equity and...
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Latest News

Property managers’ company logos and names disappear from Vrbo listing pages in what company calls a “test”

Amy Hinote -
Late last week, vacation rental managers began reporting that their company logos had disappeared from Vrbo's listing pages.  Previously, Vrbo displayed company logos on listing...
Latest News

LiveRez founder and CEO Tracy Lotz out, Inhabit IQ exec to lead internal transition

Amy Hinote -
Today, Inhabit IQ announced to its LiveRez customers that founder and CEO Tracy Lotz and CFO Rich Cook are leaving the company. The email...
Latest News

Vacasa Finalizes Purchase of Wyndham Vacation Rentals at $162M

Amy Hinote -
Vacasa has finalized its acquisition of Wyndham Vacation Rentals from Wyndham Destinations (NYSE: WYND) for a purchase price of $162 million. Vacasa financed the...
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