Insight
Casago plans to sell off most of Vacasa's 32,000 units, turning many into franchises.
Casago Sold Nearly All Vacasa’s Property Manager Acquisitions and Turned Many Into Franchises
Summary
Casago acquired Vacasa for under $100M and is divesting most of its 32,000 units, turning many into franchises. This signals a shift in large-scale STR management.
Key takeaway