PADZU purchases Desert Princess Vacation Rentals

April 10, 2019

PADZU adds another 100 vacation homes to its portfolio

PADZU, a vacation rental management company based in Scottsdale, Arizona, has announced the acquisition of Desert Princess Vacation Rentals in Palm Springs, California. PADZU Vacation Homes manages every aspect of owning, enjoying and renting a second home. The acquisition adds an additional 100 properties to the company's growing portfolio of vacation homes in the southwestern United States.

This is the second California acquisition for the company. In 2014, it acquired the Palm Springs, California, vacation-rental company Golf & Tennis Realty where it began managing 60 long- and short-term rental properties. PADZU Vacation Homes offers five-star, hotel-quality service in some of the most spectacular homes and condos in their locally served markets, including California, Nevada, Utah and Arizona.

"The acquisition of Desert Princess Vacation Rentals supports our aggressive plans for growth while continuing our objective of being the first choice for guests seeking premiere vacation rentals in the markets we serve," says Ryan Dame, Co-Founder of PADZU.

PADZU will continue to operate Desert Princess under the same name and web domain while updating the company's brand, website, marketing and social media. "We see tremendous value in the legacy that Debra Crosson and her family built here in the community," continues Dame.

Using the most advanced property management software available, PADZU offers a hands-on and high-tech approach to anticipate guest and owner needs. PADZU founders currently serve on the advisory board at Direct™, an all-in-one enterprise solution for vacation rental management. Direct™ is the next-gen property management system with a proprietary channel manager, website builder, automated workflows, payouts and more. Together with Direct™, PADZU is devoted to consistently exceeding guest expectations and helping each guest create a memory.

"Homeowners in our program experience amazing success because our team at PADZU works individually with owners to create specific goals for their property, whether that's based on revenue, occupancy or other unique goals that they set for their investment," says Josh Springer, Co-Founder of PADZU.

SOURCE PADZU

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April 10, 2019

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