After nearly five years in business, Louisiana entrepreneur Johnson Clawson has sold his company Big Easy Vacation Rentals to Vacasa, North America’s largest vacation rental management platform.
At the height of the company’s presence in New Orleans, Clawson and his two partners were managing between 30 and 35 properties. Approximately six months ago, updated local regulations cut Big Easy’s inventory in about half.
The terms of the deal were not disclosed, but Vacasa now manages the Big Easy Vacation Rentals portfolio, which includes 12 properties in New Orleans.
“As a bonus, Vacasa partners with all the major booking channels (Airbnb, booking.com, HomeAway, etc) and uses its proprietary Yield 2.0 technology to optimize pricing and booking for homeowners – much like the way airlines do,” shared a representative for the company.
One key reason Clawson decided to sell to Vacasa is they are diligent about doing short-term vacation management the right way, including following all regulations, paying taxes, obtaining the permits needed to operate, and are interested in staffing locally.
Vacasa is currently in 28 states and 16 countries with thousands of legal vacation rentals available through the platform.