The Meteoric Rise and Precipitous Fall of Vacasa: From $4.5 Billion Valuation to Casago’s Strategic Divestment of Its Final Remnants

The saga of Vacasa, once a titan in the U.S. vacation rental management sector, reached its definitive conclusion as Casago, the company that acquired it for a fraction of its…

Accor Completes Landmark Divestment of Essendi Stake, Solidifying Asset-Light Strategy with €975 Million Sale to Blackstone and Colony

Paris, France – Accor, a leading global hospitality group, announced on Wednesday the sale of its approximately 31% stake in Essendi, a prominent owner and operator of a significant portfolio…