vacation

Vrbo celebrates 25th anniversary by giving away 25 stays in epic vacation homes

Press release content from PR Newswire. The AP news staff was not involved in its creation.

AUSTIN, Texas, Oct. 5, 2020 /PRNewswire/ — To commemorate 25 years since it pioneered the online vacation rental business, Vrbo® is giving away 25 stays at some of its all-time favorite vacation homes. Vrbo selected 25 of its most iconic, highest-rated vacation homes, cabins, condos (and castles!) as options for contest winners to choose from.

To enter, participants just need to share a family vacation photo on Instagram or Facebook using #VrboTurns25. Vrbo will select winners who will get to choose a vacation home stay from Vrbo’s collection of all-time favorites.

“We wanted to recognize and show gratitude to our customers who have trusted Vrbo with their family vacations over the past 25 years. To celebrate this milestone, we are inviting families to look back through their old family photos to reminisce on their most precious memories together,” said Lish Kennedy, Vrbo’s VP of global brand marketing. “We’re giving away 25 stays in some truly over-the-top Vrbos to our favorite entrants – so share any throwback vacation photo that warms your heart, makes you laugh, smile or even shed a happy tear.”

Whether winners want to head to the beach, the mountains, the lake or the jungle – Vrbo selected a variety of vacation homes in different destinations that they can enjoy with their families. These are the Vrbos that travelers have liked, pinned, shared, commented on, and dreamed about.

Here are some unique picks that winners will be able to choose from:

  • 727 Airplane in the Costa Rican Jungle
  • Red Sands Ranch, a river resort that doubles as your own private amusement park
  • Sweet Escape, a fun, colorful house to satisfy your sweet tooth
  • A charming private island with
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Spencer’s second act: Vacation homes for all!

Zillow co-founder Spencer Rascoff is back in the real estate game.

The former CEO went public this week with his latest venture: Pacaso, a startup that helps ordinary people purchase second homes.

“We’re trying to create a new category of home ownership, which is second-home ownership,” Rascoff said during an interview on CNBC. To “democratize” ownership, Pacaso’s marketplace helps aspiring owners purchase from one-eighth to one-half of a vacation home. The company will generate revenue on the home sale, and it will collect a fee for managing the property.

Founded by Rascoff and Austin Allison, who sold dotloop to Zillow, Pacaso came out of stealth mode with a $17 million Series A led by Maveron, with participation from Crosscut and Global Founders Capital. Former Starbucks CEO Howard Schultz and Amazon’s Jeff Wilke also invested. Pacaso also secured $250 million in debt to help buyers purchase homes.

It’s not Rascoff’s only new venture. The serial entrepreneur has also formed a blank-check company that’s looking to take a tech unicorn public. Since stepping down as Zillow’s CEO in February 2019, Rascoff has invested in a slew of real estate startups.

He has a penchant for early-stage startups, too. This year, he launched dot.LA, a news site covering Southern California tech. And he’s written checks to PocketList, a rental listings platform, and La Haus, a Latin American listings site. He was also an early investor in smart-intercom startup ButterflyMX.

“This is just a dressed-up version of the typical asshole landlord scenario.”

Frustrated Bungalow resident 

Airbnb valuation could hit $30B in IPO

It’s finally happening. Airbnb is looking to raise $3 billion in a December IPO, according to a new report. Sources told Reuters that Airbnb plans to file a prospectus in November after the presidential election.

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