DENVER, Nov. 24, 2025 — announced today the acquisition of Guestworks, previously operated by Vacasa, a company, through an asset purchase transaction. This deal integrates a segment of the vacation rental industry that aligns with Evolve’s hybrid, technology-enabled methodology, which aims to simplify vacation rental ownership and enhance performance.
This declaration further establishes Evolve as the originator and frontrunner of the scalable, tech-powered, asset-light vacation rental management model, cementing its leadership in the sector it first developed. For Casago, the move enables greater concentration on its localized, comprehensive property management services delivered through its franchise network. Both organizations are thus progressing their mutual objective of providing homeowners with transparency, consistency, and enduring partnerships.
The 1,000 Guestworks homeowners affected by this transition will benefit from continuous, seamless access to Evolve’s effective, economical, and adaptable platform. Evolve’s artificial intelligence-driven technology, supported by human insight and leading industry support, is designed to optimize pricing, improve responsiveness, and increase operational efficiency, thereby delivering better results for both property owners and their guests.
Brian Egan, Co-Founder and CEO of Evolve, stated: “Evolve pioneered the hybrid vacation rental management model to offer owners a modern, adaptable alternative to traditional self-management and full-service options. This acquisition enhances our leadership within the category and highlights our dedication to our core strengths — using technology and human expertise to provide exceptional performance and service at highly competitive rates. We are enthusiastic about welcoming Guestworks’ owners to our system and are eager to contribute to their prosperity.”
Steve Schwab, CEO of Casago, commented: “We are thankful for the confidence our Guestworks homeowners have shown in us over the years. At Casago, we believe every owner merits a partner who operates with sincerity, clarity, and reliability. Evolve is well-positioned to uphold this principle. They have developed a well-conceived hybrid model, underpinned by intelligent technology and genuine individuals who prioritize doing what is right. We are confident these owners are moving into competent care, and we will offer our assistance for a smooth, respectful handover at every stage.”
About Casago
Casago operates as a prominent vacation rental management firm, delivering expert property management services to homeowners across North America, Belize, Costa Rica, and the Caribbean. Established in 2001 by former Army Ranger Steve Schwab, Casago has built a strong reputation for offering outstanding guest experiences and dependable property management through its franchise-based approach. In 2025, Casago expanded its reach by acquiring Vacasa, a major vacation rental platform in North America. With its focus on customer needs, the consolidated entity empowers local teams to provide individualized, prompt assistance to both homeowners and guests. Casago’s dedication to excellence is demonstrated by its industry recognition: it is the sole property management company of its size to be ranked in the Top 1% by Comparent. Furthermore, nearly 95% of its U.S.-based local operating partners hold distinctions as either Airbnb Superhosts, VRBO Premier Partners, or both.
About Evolve
Evolve is redefining vacation rental management by offering property owners a high-performing, cost-efficient, and adaptable alternative to existing options. Our distinctive hybrid strategy combines AI-driven technology with expert human assistance to simplify the complexities of renting, enabling owners to increase their earnings with less effort.
Since its inception in 2011, Evolve has proudly generated over $3 billion in rental income for its owners. Having hosted more than 16 million guests and maintaining an average review score of 4.8 stars, our innovative framework facilitates effortless vacation rental experiences for both owners and guests.
SOURCE Evolve; Vacasa, a Casago company