In the last month three significant acquisitions took place in the vacation rental industry and several industry leaders were asked to comment. Below are a few quotes from their comments and a link to the entire article posted at www.vrmintel.com. The vacation rental industry continues to grow and mature rapidly.
Acquistions
RealPage acquired Bookt/Instamanager
VacationRoost acquired LeisureLink
HomeAway acquired Glad to Have You
Ben Edwards
President, Vacation Rental Managers Association
“The recent trend of acquisitions in the industry is encouraging on many levels, and speaks to the dynamic growth occurring in the vacation rental industry as a whole. These acquisitions illustrate the value in professionally managed vacation rentals.
Carl Shepherd
Co Founder and Chief Strategy and Development Officer, HomeAway, Inc.
“The recent acquisitions are investments in the vacation rental industry, which shows confidence
and bullishness on the industry’s future. Also, as the vacation rental industry has matured, there has been a resurgence of the professional side of the market.”
Ed Ulmer
CEO, Barefoot Technologies
“Vacation rentals is a huge market opportunity, that is mostly untapped by the hospitality and real
estate industry. These acquisitions highlight that the vacation rental industry continues to mature.
Read the full article
Acquistions
RealPage acquired Bookt/Instamanager
VacationRoost acquired LeisureLink
HomeAway acquired Glad to Have You
Ben Edwards
President, Vacation Rental Managers Association
“The recent trend of acquisitions in the industry is encouraging on many levels, and speaks to the dynamic growth occurring in the vacation rental industry as a whole. These acquisitions illustrate the value in professionally managed vacation rentals.
Carl Shepherd
Co Founder and Chief Strategy and Development Officer, HomeAway, Inc.
“The recent acquisitions are investments in the vacation rental industry, which shows confidence
and bullishness on the industry’s future. Also, as the vacation rental industry has matured, there has been a resurgence of the professional side of the market.”
Ed Ulmer
CEO, Barefoot Technologies
“Vacation rentals is a huge market opportunity, that is mostly untapped by the hospitality and real
estate industry. These acquisitions highlight that the vacation rental industry continues to mature.
Read the full article