Every Tuesday, Property Portfolio brings readers a mix of the latest news and information on the growing investment property market as well as the most important industry trends and new developments, the powerful new technologies and tools reshaping how business is done, and helpful tips and strategies on how to grow your business — no matter one’s experience level or role in the market.
Vacation and short-term rentals have exploded onto the scene, snatching up short-term stay market share from the hotel industry in high volumes. But with the presence of so many options – Airbnb these days has nearly four times the rooms for rent than Marriott does – it's hard to make sure your rental stands out among others.
Sea to Sky is based in Seattle and currently manages 85 properties, all of which Vacasa will take over. Michelle Acquavella founded Sea to Sky in 2003, but told Inman that she ultimately decided to sell.