Vacasa has acquired Oasis Collections, a home-share company with investment backing by Hyatt Hotels.
According to Vacasa, the deal moves the Portland-based business ahead of Wyndham Vacation Rentals as the largest vacation rental company in North America with 10,600 properties.
The acquisition will allow Vacasa to expand its presence internationally in new markets including Barcelona, Bogota, Cartagena, Ibiza, London, Madrid, Mexico City, Miami, Milan, Montevideo, Paris, Punta del Este, Rome, Santiago and São Paulo.
Founded in 2009, Oasis became known for its high-end approach to vacation rentals, which attracted investment from Hyatt in 2017; it also counted McKinsey and Ernst & Young among its corporate clients.
Following the Vacasa deal, Oasis will no longer be affiliated with the Unbound Collection by Hyatt or the World of Hyatt loyalty program, Hyatt says on its website.
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