Vacasa Appoints Former OpenTable CEO Matt Roberts to Board of Directors

Vacasa,
North America’s largest vacation rental company, has appointed Matt
Roberts, former CEO of OpenTable, to the company’s board.

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Vacasa Appoints Matt Roberts to Board of Directors (Photo: Business Wire)

A seasoned technology executive, Roberts is well recognized for his
tenure at restaurant booking service OpenTable
(NASDAQ: OPEN),
where he served as CFO from 2005 to 2011 and CEO from 2011 to 2015.
During this time, the company's restaurant customer base grew from 3,000
to 32,000 and cumulative seated diners grew from just under 12 million
to more than 830 million. As CFO, Roberts successfully led OpenTable
through an IPO in 2009, and as CEO he negotiated the sale of the company
to the Priceline Group (now Booking
Holdings) for $2.6 billion in cash.

Prior to this, Roberts was a guiding force in the transition from the
private to the public markets of online consumer lending group E-LOAN
(NASDAQ: EELN)
as CFO and digital money transfer provider XOOM
(NASDAQ: XOOM)
as a member of the company’s board. He currently serves on the board of
Quantcast, a provider of data-driven programmatic and digital
advertising and Snag, an online staffing platform.

Roberts joins Vacasa’s board of directors at a pivotal time for the
company as it experiences another consecutive year of 60% growth in both
revenue and inventory. Vacasa currently operates in 30 U.S. states and
16 countries outside of the U.S., and plans to continue both domestic
and international expansion.

“The vacation rental industry is experiencing tremendous growth with the
significant shift in consumer preference toward professionally managed
homes,” said Roberts. “Vacasa is poised to become the leading brand in
the space, which is an exciting time to join the board. I look forward
to lending my experience to help Vacasa scale into its next stage of
growth.”

In addition to caring for more than 13,000 homes around the world,
Vacasa has launched a suite of services including Vacasa
Real Estate, Vacasa
Community Association Management and Vacasa
Interior Design. The company is investing strategically in
technology and tools to better serve homeowners and guests, with a focus
on becoming the one-stop shop for all things vacation rental.

“We couldn’t be more pleased to welcome Matt Roberts to our board of
directors,” said Vacasa founder and CEO Eric Breon. “His experience with
rapid growth companies that utilize technology to solve complex problems
for consumers, in addition to his expertise in facilitating strategic
growth, make him an ideal fit for Vacasa.”

About Vacasa

Vacasa is North America’s largest vacation rental company and offers
property management and other real estate services directly and through
licensed subsidiaries. Leveraging industry-leading technology, Vacasa
maximizes revenue for homeowners and its partners, and provides
unforgettable experiences for guests. Vacasa and its subsidiaries manage
a growing portfolio of more than 13,000 vacation homes in the U.S.,
Europe, South and Central America, and Africa. Since its founding in
2009, Vacasa has grown to more than 3,000 employees, has been honored as
the Oregon Better Business Bureau Large Business of the Year and was
ranked ninth on the Inc. 5000 Fastest-Growing Companies list. For more
information, visit www.vacasa.com.

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