Sea to Sky is based in Seattle and currently manages 85 properties, all of which Vacasa will take over. Michelle Acquavella founded Sea to Sky in 2003, but told Inman that she ultimately decided to sell.

Vacation property management startup Vacasa announced Monday that it is acquiring Sea to Sky Rentals, a company that caters to travelers in the Pacific Northwest.

Sea to Sky is based in Seattle and currently manages 85 properties, all of which Vacasa will take over. Michelle Acquavella founded Sea to Sky in 2003, but told Inman that she ultimately decided to sell after concluding that her firm’s properties and their owners would be “best served by passing the torch.”

Michelle Acquavella

“Through our research it really became clear Vacasa would be the best choice,” she added.

Both Sea to Sky and Vacasa manage vacation-oriented residential properties. The companies don’t typically own the units themselves, but rather contract with owners to handle day-to-day operations.

In Vacasa’s case, the firm has also recently expanded to managing entire vacation-oriented communities and providing ancillary services such as interior design.

Vacasa has also grown to become the largest vacation rental management company in North America.

Acquavella said that Sea to Sky originally helped kick start the vacation rental industry in and around Seattle.

More recently, however, the city imposed new regulations on the industry. Though Acquavella worked with local political leaders on those regulations and spoke positively about the outcome, she said Sea to Sky ultimately lost all of its apartment rentals as a result.

“All of those got wiped out,” she explained. “A large portion of our business model got removed.”

According to Acquavella, the more difficult post-regulation business environment — which now relies on single-family properties — helped drive the decision to sell.

She also praised Vacasa, saying the company is a good fit because it provides property owners “that small company feel with the resources of a larger international corporation.”

“I think the biggest benefit for homeowners is that the size of Vacasa allows them to have resources that we don’t have,” she added.

A Sea to Sky property in Seattle | Courtesy Sea to Sky Rentals

Vacasa expects to have all of Sea to Sky’s rentals moved over into its portfolio by July.

The financial details of the acquisition have not been publicly disclosed. As part of the transition, Acquavella will be leaving the company to spend more time on her family. However, Sea to Sky’s on-the-ground property care department will move over to Vacasa.

“That is a huge benefit to Vacasa and it’s a huge benefit to our homeowners,” Acquavella said of the staffing continuity.

The acquisition brings Vacasa’s total unit count in Washington up to 650, according to a company statement.

Eric Nicholson, Vacasa’s Northwest region director, added in the statement that “we are excited to begin caring for Sea to Sky Rentals’ vacation homes, bringing more options to our guests.”

“We’re also looking forward to building strong relationships with Sea to Sky’s homeowners by increasing their bookings, taking good care of their homes and exceeding their expectations,” he added.

Email Jim Dalrymple II

How do you stay ahead in a changing market? Inman Connect Las Vegas — featuring 250+ experts from across the industry sharing insight and tactics to navigate threat and seize opportunity in tomorrow’s real estate market. Join more than 4,000 top producers, brokers and industry leaders to network and discover what’s next, July 23-26 at the Aria Resort. Hurry! Tickets are going fast, register today!

Thinking of bringing your team? There are special onsite perks and discounts when you buy tickets together. Contact us to find out more.

SAVE MY SEAT

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×