Earnings Call Summary | VACASA INC(VCSA.US) Q1 2024 Earnings Conference
Earnings Call Summary | VACASA INC(VCSA.US) Q1 2024 Earnings Conference
The following is a summary of the Vacasa, Inc. (VCSA) Q1 2024 Earnings Call Transcript:
以下是Vacasa, Inc.（VCSA）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Vacasa reported a gross booking value of $427 million and revenue of $209 million in Q1 2024, reflecting an 18% YoY decrease.
The company experienced a 50% cost of revenue compared to 48% in Q1 of 2023.
They recorded a negative Adjusted EBITDA of $36 million, a significant increase in losses compared to the $12 million negative Adjusted EBITDA in Q1 2023.
瓦卡薩報告稱，2024年第一季度的總預訂額爲4.27億美元，收入爲2.09億美元，同比下降18％。
該公司的收入成本爲50％，而2023年第一季度爲48％。
他們的調整後息稅折舊攤銷前利潤爲負3,600萬美元，與2023年第一季度調整後息稅折舊攤銷前利潤負1200萬美元相比，虧損顯著增加。
Business Progress:
業務進展：
Vacasa is undergoing a business transformation that focuses on empowering local teams, predicted to save over $50 million in 2024 and $12 million annually.
Their restructuring plan includes a 13% workforce reduction predominantly affecting the corporate teams.
The company plans to enhance efficiency through technology investments and improve the experience for owners, guests, and team members.
They have drawn about $80 million from their revolving credit facility to respond to persistent industry dynamics.
Vacasa is accelerating its transformation process due to ongoing gross bookings weakness, intending to optimize pricing strategies to stimulate nights sold while controlling occupancy and Average Daily Rate dynamics.
Vacasa正在進行業務轉型，重點是增強本地團隊的能力，預計到2024年將節省超過5000萬美元，每年節省1200萬美元。
他們的重組計劃包括裁員13％，主要影響公司團隊。
該公司計劃通過技術投資提高效率，改善所有者、訪客和團隊成員的體驗。
他們已經從循環信貸額度中提取了約8000萬美元，以應對持續的行業動態。
由於總預訂量持續疲軟，Vacasa正在加快其轉型過程，打算優化定價策略以刺激夜間銷售，同時控制入住率和平均每日房價動態。
More details: VACASA INC IR
更多詳情： VACASA INC IR
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譯文內容由第三人軟體翻譯。