Premier Pads Acquires Hoste, A Colorado Springs Vacation Rental Company
Summary
Premier Pads, a fast-growing STR management company, acquired Hoste, a Colorado Springs-based vacation rental company, expanding its portfolio. This acquisition highlights the growing trend of consolidation in the STR management space. Hosts considering selling their management business might explore partnership opportunities with companies like Premier Pads.
Key Insights
- •Premier Pads acquired Hoste, demonstrating consolidation trends in the short-term rental management market.
Action Items
- ✓Owners of vacation rental management companies can connect with Premier Pads to explore partnership opportunities.Effort: lowImpact: medium
Tools & Resources
- →C2G Advisors: C2G Advisors represented Hoste in the transaction.
More from Growth & Marketing
Airbnb is launching a new host bonus as travel demand surges for the upcoming World Cup. This strategic move aims to encourage more listings and capitalize on the expected influx of guests. The initiative highlights Airbnb's efforts to prepare for peak season travel and its ongoing support for hosts.
This article discusses the emergence of a new platform designed as an 'Airbnb' for hourly creative spaces. It aims to solve the difficulties creators face when finding and renting spaces. While not directly about STRs, it highlights a potential niche market that could be applicable to hosts considering offering hourly space rentals, indicating a shift towards accommodating creative industries.
Airbnb is offering a $750 incentive to attract new hosts to list their properties for the World Cup. This move aims to ensure sufficient accommodation for visitors during the event. This initiative highlights the importance of short-term rentals in accommodating large-scale events and provides a financial benefit for new hosts.
Curated by Learn STR by GoStudioM