Vacasa, Inc. Reiterates Earnings Guidance for the Year 2023
May 09, 2023 at 05:00 pm EDT
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Vacasa, Inc. reiterated earnings guidance for the year 2023. The company is reiterating its full year 2023 revenue growth guidance of a low double-digit to high single-digit percentage decline year-over-year. But directionally, the company currently expects to earn the majority of full year revenue in the first half of the year.
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.