Rental management company Vacasa has recently acquired a home-sharing startup operating in 17 major cities across both Europe and the Americas, Oasis Collections. Vacasa has yet to release the amount used to buy Oasis.
With the deal, Vacasa gained 200 new properties, pushing its total inventory to 10,600 — at least 600 more than its closest competitor, Wyndham Vacation Rentals. It also expands the company’s footprint on an international scale, adding cities such as Barcelona, Chicago, London, Milan, Paris, and Santiago to its list.
“For us, it’s crucial that in every market we manage homes, we offer our guests the same, high-quality experience that they have grown accustomed to across the world with Vacasa,” said Vacasa founder and CEO Eric Breon in a prepared statement. “Our acquisition of Oasis enables us to enter new and popular urban markets in international destinations while bringing on employees in those areas that know the local communities.”
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