His Board Gave Him a 1% Chance of Success. He Did It Anyway.

STR Data Lab™ by AirDNA · Oct 22, 2026 · 30m

What happens when one of the biggest names in short-term rental property management faces major financial challenges? For Vacasa, the answer was a dramatic transformation that could reshape how the industry operates. In this episode of The STR Data Lab, Jamie Lane, Chief Economist at AirDNA, sits down with Joe Riley, CEO of Casago, to unpack the acquisition and rapid transition of Vacasa’s property management business into a network of local and regional operators. What was initially expected to take two to three years was completed in less than one, creating a new model for managing vacation…