Vacation Rental Industry News

Major Acquisition Deal in the Luxury Vacation Rental Space Santa Rosa Beach, FL September 2020.

Gatlinburg, TN July 2020. Cabins For You, under a subsidiary, has further expanded its rental inventory footprint in the Smoky Mountains by acquiring Chalet Village Properties. Terms of the transaction were not disclosed. Chalet Village has approximately 70 high-quality vacation rentals around the Gatlinburg/Pigeon Forge area.

February 2020: Nashville, TN – Jacobie Olin, President of C2G Advisors LLC, participated in a presentation at MICA(Multifamily Innovation Conference). The Annual Conference was held Feb 5-6 in Atlanta, Georgia. Olin, along with Jacob Albers of Cushman Wakefield, discussed STR Valuations and Multifamily Alternatives. Included in the discussion were M&A case studies, template contract negotiation language, and a variety of partnership models. The 2 day event draws CEO’s from Developers, REITs, Property Managers, and Technology Vendors.

Ft Myers Beach, FL. January 2020. Village Realty Holdings, under a subsidiary, has completed its first acquisition in Florida, and fourth acquisition in the vacation rental space by acquiring Sun Palace Vacations in Ft Myers Beach, Florida. Terms of the transaction were not disclosed. Sun Palace has approximately 100 high-quality vacation rentals around the Southwest Florida area.

HONOLULU – Castle Vacation Rentals Hawaii, a division of Castle Hospitality Group, has acquired Chase ‘N Rainbows, West Maui’s leading vacation rental management company, and Trinity Maid Company, a commercial laundry and vacation rental cleaning company. The joint acquisition will expand the vacation rental inventory and services provided by Castle Vacation Rentals Hawaii and will further position the company as the premier vacation rental management company in Hawaii.

Nashville, TN. May 2019. Stay Alfred expands their travel apartment offerings in Nashville. They extended into Nashville’s SoBro neighborhood by taking over the 13,233 square foot building and will now offer 24 boutique bedrooms. C2G Advisors served as consultant for Stay Alfred during the transaction. The full article can be read at: https://www.digitaljournal.com/pr

Destin, FL. May 2019. iTrip Destin, part of the iTrip family of companies, has completed the acquisition of unit contracts to complement their existing inventory in the Destin and Sandestin areas. The company has targeted several submarkets in the Destin area and has focused on organic growth coupled with these timely acquisitions. C2G Advisors served as consultant for iTrip Destin during the transaction.

May 2019: Nashville, TN – James Olin, CEO of C2G Advisors LLC, participated in two presentations at the Onsite Property Managers Association’s (OPMA) Spring Executive Summit. The Semi-Annual Conference was held May 7-10 in Park City, Utah. Olin, along with Brian Brown of BookingPal, discussed market disruptors effecting OPMA members. Included in the discussion were ApartHotels, Timeshare Companies, Traditional Hotels and Private Equity Funds. The second session featured Olin in a panel discussion about ways for OPMA members to differentiate themselves from the competition. The 3 day event draws CEO’s from the largest onsite rental companies in North America.

Short Term Rental Company adds Breckenridge to their Portfolio

Company Divests Four Markets to Focus Inward