Industry Outlook

Vacasa Breaks Down Spring’s Top Travel Trends & Destinations

Vacasa Breaks Down Spring’s Top
As the season for Spring Break approaches, Vacasa (NASDAQ: VCSA) teamed up with Allison + Partners to see how many Americans are packing their bags, where they are heading, and what’s motivating their vacation plans. The survey* findings, released today in Vacasa’s 2022 Spring Travel Trends report, unearthed that travel is abloom this season—particularly for remote workers, millennials and parents—and that more people are planning to travel specifically for Spring Break 2022 compared to last year.

In the spirit of spring cleaning, Vacasa also scrubbed its search data to reveal the most popular destinations for vacation rentals this March, including Destin, Florida, and Gulf Shores, Alabama, among other sandy locales. Nearly one-third of travelers are booking vacation rentals for their spring getaways, because of value for money (65%) and/or access to a full kitchen (56%), according to the survey results. Those perks come in handy for the parents of young children, nearly half (49%) of whom say they’re opting for a vacation home as their lodging of choice.

Here’s a first look at a few of the travel trends expected to crop up and take root this season, with the full trend report available on Vacasa.com:
  • More than half (56%) of Americans are planning a trip this spring and 37% are planning to travel during Spring Break, specifically—an increase from the 29% who were traveling for Spring Break 2021.
  • The likelihood of travel is even higher for hybrid workers (86%), millennials (75%) and parents (63%), who are most likely to be packing their bags in the months to come.
  • Welcome back, friend. While one’s partner and/or kid(s) are still the go-to spring travel companions, the number of people planning to vacation with friends jumped from 16% in 2021 to 23% this year.
  • It’s near-even though on what motivates people most when it comes to travel: 32% of respondents said where they're going, while 28% said who they’re going with. But, even so, family and friend events like reunions and birthdays were the activities most likely to encourage a trip in 2022 (45% and 32%, respectively).
  • American travelers are mostly staying planted on U.S. soil, with 75% planning a domestic trip, 23% springing for a staycation, and 18% heading international—which is near-even with how many people planned to travel abroad in Summer 2019.
  • Of those planning to travel this spring, 75% say they plan to travel more frequently in 2022 than they did in 2021.

*Allison+Partners Research + Insights surveyed 1,000 individuals over the age of 18 in the United States. The survey was fielded using the Qualtrics Insight Platform, and the panel was sourced from Lucid. Fielding was executed in January 2022.

About Vacasa
Vacasa is the leading vacation rental management platform in North America, transforming the vacation rental experience by integrating purpose-built technology with expert local and national teams. Homeowners enjoy earning significant incremental income on one of their most valuable assets, delivered by the company’s unmatched technology that adjusts rates in real time to maximize revenue. Guests can relax comfortably in Vacasa’s 35,000+ homes across more than 400 destinations in North America, Belize and Costa Rica, knowing that 24/7 support is just a phone call away. In addition to enabling guests to search, discover and book its properties on Vacasa.com and the Vacasa Guest App, Vacasa provides valuable, professionally managed inventory to top channel partners, including Airbnb, Booking.com and Vrbo.

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Auberge Resorts Collection Announces Strategic Partnership with Bdt & Msd Partners

PR Newswire | February 02, 2024

The Friedkin Group announced today that the company has entered into a strategic partnership with BDT & MSD Partners ("BDT & MSD"), a merchant bank built to serve the distinct needs of business owners and strategic, long-term investors. BDT & MSD, through its affiliated hospitality investment vehicle, will make a minority investment in Auberge Resorts Collection, the manager of the award-winning portfolio of luxury hotels, resorts, residences and private clubs set in some of the world's most desirable locations. In addition, BDT & MSD's hospitality vehicle intends to invest significant capital towards acquiring and developing luxury hotel and residential assets that will be branded and managed by Auberge Resorts Collection. The partnership reflects BDT & MSD's belief in Auberge Resorts Collection's unique brand positioning and focus on creating one-of-a-kind luxury hospitality experiences. The investment will support Auberge's continued strategic growth in the Americas, Europe and beyond, with a focus on gateway urban markets and high-profile experiential destinations. "This partnership further solidifies Auberge Resorts Collection's position as the leading name in boutique luxury hospitality and marks a new and exciting era for our world-class portfolio," said Dan Friedkin, chairman of Auberge Resorts Collection and chairman and CEO of The Friedkin Group. "BDT & MSD's differentiated, long-term capital and expertise in luxury hospitality investments makes them a perfect strategic partner and will allow us to further grow the strength of the Auberge brand." "Auberge is a world-class manager of distinctive luxury hotel properties, with an exceptional track record of delivering curated guest experiences in the world's leading hospitality markets. We are excited to be a part of its future and look forward to partnering with Auberge's talented team to build on its differentiated strengths and accelerate further growth," said Coburn Packard, partner & head of real estate at BDT & MSD. Since becoming part of The Friedkin Group in 2013, Auberge Resorts Collection has grown into the leading name in boutique luxury hospitality, comprising 27 unparalleled properties across the U.S., Latin America and Europe, with a development pipeline of over a dozen hotels and two additional hotels planned to open in Florence and South Carolina this year. While each property is unique, all share a crafted approach to luxury and bring the essence of the location to life through one-of-a-kind design that reflects the destination, exceptional cuisine and dining experiences that attract both the local community and global traveler, innovative spas and wellness retreats and highly personalized service.

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