Vacation rental management company Vacasa, which offers homeowners a “full-service property management company” helping them manage the entire booking process from start-to-finish, has raised new investment from a number of backers to tackle what it calls an “enormous” opportunity.

Vacasa has more than 6,000 vacation homes listed on its site across 17 US states, Europe, South and Central America, and South Africa, with revenue and portfolio nearly tripling in the past 18 months, and employs 1,200 people for on-the-ground “field-based roles”.

Describing Airbnb as a peer-to-peer marketplace like eBay, Vacasa wants to be like the Amazon of the vacation rental industry, and its dynamic platform updates price rates daily based on hundreds of variables like weather, events, competitor pricing and occupancy, regional trends, season curves and more.

Now the company looks to expand its service around the world, expecting to add another 160 people to its Portland and Boise offices over the next year.

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