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Business

Meredith Hospitality Brands Inc. Expands to Mt Hood with Acquisition of Mt Hood Vacation Rentals

Meredith Hospitality Brands Inc. Expands to Mt Hood with Acquisition of Mt Hood Vacation Rentals
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VRM Intel Staff
June 21, 2022

Meredith Hospitality Brands announced the recent acquisition of Mt Hood Vacation Rentals by its flagship brand, Meredith Lodging, this week. 

A premier West Coast and Pacific Northwest vacation home management company, Meredith Hospitality closed the sale in March 2022 and has continued to grow its portfolio in the Mt. Hood area. High homeowner retention rates and organic growth are hallmarks of Meredith Hospitality Brands, and they are proud to offer their guests stays in beautiful mountain homes and cabins in the village communities of Mt. Hood.

Betsy LaBarge, the owner of Mt Hood Vacation Rentals for the past 30 years, offered the following statement about the acquisition: “I care deeply about all the homeowners we partner with, the guests who stay with us and the people we employ, so finding the right buyer was incredibly important. The team at Meredith Lodging is clearly the best choice for us. We share the same values around delivering the best possible owner, guest, and employee experience. As I move into retirement, I am excited to watch from the sidelines, the next level of growth for Mt Hood Vacation Rentals.”

According to Jon Oksenholt, CEO of Meredith Hospitality Brands, the expansion of their portfolio is continuing, branching into various new states and regions, including Mt. Hood.

“We selected our subsidiary company Meredith Lodging to acquire Mt Hood Vacation Rentals, as its focus on boutique collections of luxury and unique homes, superior service levels, and a strong commitment to the local community fit well with Ms. LaBarge’s operations. Of late, we’ve been very active in acquisitions through all our different brand platforms, and Meredith Lodging was the right fit for this acquisition. All our platforms continue to grow without outside investment or debt,” Oksenholt said. 

According to Meredith Lodging Regional Director Chris Rossborough, “Mt Hood Vacation Rentals has been doing things right for a long time, and we look forward to expanding that tradition of excellence. The familiar and much-loved local staff will continue to deliver their hallmark personal and professional service. The website, mthoodrentals.com, and brand will also continue as we amplify the goodwill associated with both. Our homeowners will now enjoy the added benefit of their homes being marketed on both the Mt Hood Vacation Rentals website and across the Meredith Lodging platform.”

Cari Boland, Owner Relations Manager leading the Mt Hood Vacation Rentals team shared, “I am very excited to join the Meredith Hospitality Brands team and look forward to bringing the additional benefits they provide to our owners and guests.”

Meredith Hospitality Brands holds numerous brands that provide beautiful, private, and professionally managed vacation homes in Oregon, Washington, and California. Aggregated across all brand offerings, Meredith Hospitality Brands offer more than 1,000 units in many of the most-loved beach and mountain vacation destinations on the West Coast.

Related Itemsacquiredbusinesshome managementhomeowner retention ratesindustry newsMeredith Hospitality Brandsmeredith lodgingmt hood vacation rentalsorganic growthvacation rentalvacation rental industry newsvacation rental managementVacation rentals
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Business
June 21, 2022
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VRM Intel Staff

Related Itemsacquiredbusinesshome managementhomeowner retention ratesindustry newsMeredith Hospitality Brandsmeredith lodgingmt hood vacation rentalsorganic growthvacation rentalvacation rental industry newsvacation rental managementVacation rentals

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