Vacasa, Inc. Raises Earnings Guidance for the Full Year 2021
November 15, 2021 at 08:55 am EST
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Vacasa, Inc. raised earnings guidance for the full year 2021. The company expected revenue to be in a range of $872 million to $877 million, with the range more than $100 million, or 16%, above target of $757 million.
Vacasa, Inc. is engaged in providing a vacation rental management platform in North America. The Company's integrated technology and operations platform is designed to optimize vacation rental income and home care for homeowners, offer guests an experience, and provide distribution partners with a variety of home listings. The Company's Guest app, Vacasa.com, helps guests to search, discover and book properties. The Guests from around the world utilize the Companyâs technology and services to search and book Vacasa-listed properties in the United States, Belize, Canada, Costa Rica, and Mexico. The Company provides home care solutions provided directly to homeowners such as home maintenance and improvement services, linen and towel supply programs, supplemental housekeeping services, and other related services. The Company also provides other offerings, such as real estate brokerage services and residential management services to community and homeowner associations.