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Table of contents

Cap rate calculator
The cap rate calculator is used to understand and compare the potential return on investment from an investment property.
Enter the current market value or purchase price of the property. This is the basis for determining the capitalization rate.
Input the total yearly income generated by the property, including rent, fees, and any other sources of revenue, before expenses.
Input the percentage of annual gross income that represents the property's total operating expenses. This is an alternative way to represent operating expenses if the exact dollar amount is unknown.
Enter the annual dollar amount of all costs associated with managing and maintaining the property, such as utilities, taxes, insurance, and repairs.
Input the estimated percentage of time the property is unoccupied or not generating income. This accounts for potential income loss due to vacancies.
This field displays the calculated yearly income after subtracting operating expenses and adjusting for vacancy rate. This figure is used to determine the capitalization rate and evaluate the property's potential return on investment.
Calculate cap rate
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ResourcesseparatorProperty Management

Vacasa vs Wyndham Vacation Rentals: Which Management Company Is Better?

Key takeaways

Vacasa vs Wyndham Vacation Rentals: Which Management Company Is Better?

Vacasa and Wyndham Vacation Rentals are both full-service vacation rental management companies — but they represent different eras and philosophies in the industry. Vacasa is a tech-driven, venture-backed operator built for scale. Wyndham Vacation Rentals (now operating primarily under the Travel + Leisure Co. umbrella following the RCI acquisition) is a legacy hospitality brand. Understanding what each actually delivers for property owners requires looking beyond the brand names. For a full market comparison, see Awning's top Airbnb management companies review.

Vacasa: Tech-Driven, Scale-Focused

Vacasa's model is built on technology: dynamic pricing algorithms, digital listing optimization, centralized guest communication, and a national operations infrastructure. They've grown rapidly and now manage one of the largest vacation rental portfolios in North America.

Vacasa's Ownership Experience:

•        Full-service management — listing, pricing, ops, cleaning, maintenance

•        25–35% management fee depending on market

•        Real-time owner portal with booking and revenue data

•        Significant operational restructuring in 2022–2026 has introduced variability

Wyndham Vacation Rentals / Travel + Leisure Co.

Wyndham Vacation Rentals has undergone significant structural changes. The core vacation rental management business is now operated primarily through Travel + Leisure Co.'s vacation ownership and exchange programs, with their RCI network serving as the distribution backbone. For individual property owners, 'Wyndham Vacation Rentals' as a standalone management option is less clearly defined than it once was — most owners interact with regional operators affiliated with the broader network.

Key Considerations for Property Owners:

•        Brand recognition with travelers — Wyndham's hospitality brand carries weight in some markets

•        Distribution through RCI and Travel + Leisure Co.'s network — different traveler profile than Airbnb-native operators

•        More appropriate for resort-style properties in established leisure destinations

•        Less tech-forward than Vacasa in terms of pricing optimization and digital distribution

If your property is in a resort destination where Wyndham has established inventory and traveler traffic, their network distribution can add value. For most STR properties targeting Airbnb and VRBO travelers, a tech-forward manager with strong OTA distribution will deliver better RevPAR.

What to Evaluate When Comparing Either Option

Before committing to any large management company, validate their claims independently. Use Awning's Airbnb market data to understand what comparable properties in your market actually earn. The income estimator gives you a property-specific projection to compare against what either company projects.

Also look at Airbnb cap rates for your market and the top Airbnb management companies review for additional perspective on how these companies compare to newer, more focused operators.

📎  Related Resources

Top Airbnb Management Companies Reviewed

Airbnb Market Data

Airbnb Income Estimator

Airbnb Cap Rates Guide

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