If you’re a fan of TurnKey Vacation Rentals, you might have heard the news that the company was recently acquired by Vacasa. This acquisition has been making waves in the vacation rental industry, leaving many people wondering what it means for the future of both companies. In this article, we’ll take a closer look at who bought TurnKey Vacation Rentals and what it means for travelers and property owners alike.
Who Bought TurnKey Vacation Rentals?
In early 2021, Vacasa announced that it had acquired TurnKey Vacation Rentals. Vacasa is a vacation rental management company that operates in more than 400 destinations across North and South America, Europe, and Africa. The company was founded in 2009 with a mission to “make vacations easier” by providing a seamless booking process and top-notch customer service.
TurnKey Vacation Rentals was founded in 2012 with a similar goal – to provide guests with an exceptional vacation rental experience from start to finish. Over the years, the company grew rapidly and expanded into more than 80 destinations across the United States. With its focus on technology and automation, TurnKey Vacation Rentals quickly became a leader in the vacation rental industry.
What Does This Acquisition Mean?
So what does it mean now that Vacasa has acquired TurnKey Vacation Rentals? For starters, it means that there will be one less major player in the vacation rental market. But more importantly, it means that travelers and property owners can expect some changes in how these companies operate.
For travelers, this acquisition could mean access to even more vacation rental options through Vacasa’s extensive network of properties. It could also mean improved technology and customer service as Vacasa integrates some of its own systems into TurnKey’s operations.
For property owners who currently work with TurnKey Vacation Rentals, there may be some changes as well. Vacasa has indicated that it plans to keep TurnKey’s brand and operations intact for the time being, but it’s possible that there could be some consolidation of services in the future.
The Future of Vacation Rentals
The vacation rental industry has seen rapid growth in recent years, and this acquisition is just one example of how companies are positioning themselves for the future. As more and more travelers choose vacation rentals over traditional hotels, companies like Vacasa and TurnKey Vacation Rentals are working to provide the best possible experience for their guests.
If you’re a traveler looking for a vacation rental, this acquisition could mean even more options to choose from. And if you’re a property owner, it’s worth keeping an eye on how these companies evolve in the coming months and years.
Conclusion
In conclusion, Vacasa’s acquisition of TurnKey Vacation Rentals is a significant development in the vacation rental industry. While it remains to be seen exactly how these companies will operate moving forward, travelers and property owners alike can expect some changes in the near future. Nonetheless, one thing is clear: vacation rentals are here to stay, and companies like Vacasa and TurnKey Vacation Rentals will continue to play a major role in shaping the industry for years to come.