A healthy industry breeds consolidation and 2021 proved to be the year for M&A. Last year may have been the best financial year in the history of the short-term vacation rental industry. In our first newsletter of 2022, we are looking back at some of the significant US acquisitions that took place in 2021. Please note, there were many other acquisitions that were not made public. We are expecting 2022 to continue consolidation at the top and fragmentation at the bottom with increasing exposure from investors and entrepreneurs.
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