• Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer
Thursday, June 8, 2023
Jefferson County News Online
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
    • Crytpocurrency
    • Gaming
    • Gadgets
  • Sports
  • Health
  • General
    • Business Services
  • Travel
  • Press Releases
  • Popular
No Result
View All Result
No Result
View All Result
Home Travel

1 Recent Travel IPO To Watch In 2022 – Motley Fool

1-recent-travel-ipo-to-watch-in-2022-–-motley-fool
Share on FacebookShare on Twitter

This vacation rental company has a big market opportunity.

Matthew Frankel, CFP®

Vacasa (NASDAQ:VCSA) is the largest vacation rental management company in the United States, but still only manages fewer than 1% of the properties in its addressable market. In this Fool Live video clip, recorded on Dec. 7, Fool.com contributor Matt Frankel sits down with Vacasa CEO Matt Roberts to learn more about what the company does and how it’s different from other recent vacation-focused IPOs like Airbnb (NASDAQ:ABNB). 

Matt Frankel: I’ve been following your company for a while as a vacation homeowner myself. It’s a very interesting business and I’m curious to dig into it a little bit here. For those who are not too familiar, will you explain what Vacasa does? In other words, what makes it different from an Airbnb, which is a stock that a lot of our viewers are very familiar with.

Matt Roberts: Sure. I think the important thing to say is, we really focused on the supply side of the overall ecosystem, so vacation rentals have grown in popularity as an option for travel, and the demand is amazing right now. It’s going crazy. There’s plenty of demand but there’s not enough supply to actually meet that demand. What Vacasa does is through our technology platform in our local operations team, we create supply in the market. We bring online the available nights for people to rent, and we do that in a way that makes it so easy for homeowners. That’s what I would say is our difference. We definitely have our own direct demand channel, 30%-35% is direct, but the majority of the nights that we sell are actually in partnership with Vrbo, and Airbnb, and Booking (NASDAQ:BKNG). We bring the product to the shelf of the stores. Think about it in that way.

Frankel: You are a full-service management company. Unlike if I were to simply list my house on Airbnb, it’s still me doing a lot of the work.

Roberts: You got it. Exactly. We do everything. Matt, you have your second home and really all you want to do is get a check every month when we sell nights that you don’t want to use and that’s what we do. We do everything to allow you to hand over the keys to us and just book the nights that you want for personal use, and then we write you a check, that’s answering the call at two o’clock in the morning if the guest needs something or marketing and pricing your property to sell-through the most nights at the highest rate possible.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

Matthew Frankel, CFP® has no position in any of the stocks mentioned. The Motley Fool owns and recommends Airbnb, Inc. and Booking Holdings. The Motley Fool has a disclosure policy.

“>

Jefferson County News Online

© 2021 Jefferson COunty News Online

Navigate Site

  • Disclosure
  • Privacy Policy
  • DMCA Policy
  • CCPA
  • Medical Disclaimer

Follow Us

No Result
View All Result
  • Home
  • DMCA Policy
  • Medical Disclaimer
  • Privacy Policy
  • Disclosure
  • CCPA
  • Terms of Use

© 2021 Jefferson COunty News Online

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT