Breaking News: Casago Acquires Vacasa for $128M

Good Morning Hospitality

In this impromptu New Year's Eve episode of Good Morning Hospitality, Michael and Wil discuss the groundbreaking news of Steve Schwab, founder of Casago, acquiring Vacasa.

This acquisition marks a significant shift in the short-term rental industry, valued at 128 million, and reflects a new franchise model approach. Michael and Wil anticipate further insights from Steve Schwab and his team once regulatory clearances are met, and this will be the first podcast he joins after announcing the news.

Make sure to tune into our first episode of 2025 on January 6th to cover more of the news that happened over the holidays and as we continue to watch the plot unfold!

Headline Links:

• Skift: https://skift.com/2024/12/30/casago-to-acquire-vacasa-for-128-million-and-take-it-private/
• Business Wire: https://www.businesswire.com/news/home/20241230370238/en/Premier-Vacation-Rental-Brands-Casago-and-Vacasa-Announce-Strategic-Merger

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