M&A and Investment in STR and vacatiion rentals 2025.
28 December 2025

This 2025 Global Short-Term Rental M&A Report provides an analysis of the shifting financial and operational landscape within the flexible accommodation sector. It highlights a major industry transition from centralised, high-overhead management models toward decentralised, asset-light franchise structures, exemplified by the collapse of Sonder and the acquisition of Vacasa by Casago.…