Evolve Expands Its Portfolio by Acquiring Guestworks from Vacasa

Evolve, a pioneer in the vacation rental management industry, has recently announced a noteworthy acquisition of Guestworks, which is operated by Vacasa, a subsidiary of Casago. This strategic asset purchase marks a significant step in Evolve's ongoing mission to streamline vacation rental ownership while optimizing performance across the sector.

By bringing Guestworks into its operational fold, Evolve aims to incorporate its hybrid, technology-driven model that simplifies the vacation rental process for both homeowners and guests. The acquisition strengthens Evolve's leadership in the asset-light, tech-enabled management approach, a model it has successfully pioneered over the years. It also allows Vacasa to concentrate on enhancing its full-service management offerings within the real estate landscape, particularly emphasizing community-focused operations by its franchise network.

For the homeowners currently associated with Guestworks, estimated at around 1,000, this transition is designed to ensure consistency and provide thorough access to Evolve’s robust, efficient platform. This platform leverages advanced artificial intelligence technology coupled with human expertise to enhance various facets of rental management, including dynamic pricing and operational efficiency, thus yielding better outcomes for owners and their guests alike.

Brian Egan, Co-Founder and CEO of Evolve, expressed his enthusiasm regarding the acquisition. He noted, “Evolve created the hybrid vacation rental management model to provide owners with a modern, flexible alternative to legacy self-management and full-service solutions. This transaction strengthens our category leadership and underscores our focus on what we do best — leveraging technology and human expertise to deliver exceptional performance and service at industry-low rates. We are thrilled to welcome Guestworks' owners to our platform and look forward to driving their success.”

On the other side, Steve Schwab, the CEO of Casago, expressed gratitude towards the Guestworks homeowners for their long-standing trust. He emphasized, “At Casago, we believe every owner deserves a partner who shows up with heart, clarity, and consistency. Evolve is positioned to carry that belief forward. They’ve built a thoughtful hybrid model, backed by smart technology and real people who care about doing the right thing. We’re confident these owners are stepping into capable hands, and we’ll be here to support a smooth, respectful transition every step of the way.”

In summary, this acquisition appears to benefit all parties involved. Evolve reinforces its innovative position within the vacation rental domain while providing Guestworks' customers with seamless access to enhanced management solutions. The focus on a technology-driven approach combined with dedicated human support is indicative of a trend within property management that prioritizes owner experiences and guest satisfaction.

About Casago

Casago has established itself as a leader in vacation rental management, offering professional property management solutions across North America, Belize, Costa Rica, and the Caribbean since its inception in 2001 by Steve Schwab. Having expanded its footprint with the acquisition of Vacasa, the organization capitalizes on a customer-first philosophy that encourages local, personalized support from its franchise network. Notably, Casago is recognized among the top property management companies in the industry, with many of its operational partners achieving prestigious designations as Airbnb Superhosts and VRBO Premier Partners.

About Evolve

Evolve's mission revolves around transforming vacation rental management through innovative practices that emphasize high performance and cost-effectiveness. Their hybrid management model effectively blends advanced AI with human oversight to eradicate the complications often associated with property rentals, consequently allowing owners to earn more while exerting less effort. Having hosted over 16 million guests, Evolve continues to lead the way in the vacation rental market, enabling smooth experiences for all stakeholders involved.