Insight
The new venture acquired a portfolio of rental management agreements from Vacasa.
First Chair launches with ex-Vacasa and Wyndham team
Summary
First Chair Destinations, a new vacation rental business founded by ex-Vacasa and Wyndham executives, is entering the STR market with a focus on ski resorts and coastal destinations. The company acquired rental management agreements from Vacasa and plans to build a locally driven operating model. The official consumer launch is scheduled for June.
Key takeaway