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

Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.

899

April 10, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Zillow seattle
Zillow Brings High-Intent Home Shopper Data to Pinterest

Brands can now reach Zillow’s home shoppers on Pinterest. For the first time, Zillow is bringing its audience data—built from people’s...

Read More
alma media 1
Alma Media Q2 and H1 2026: Revenues Up 5% as Real Estate Delivers Strong Performance

Alma Media, the company behind well-known marketplaces in Finland, has released its interim report for 2026, with a strong period...

Read More
Lifull boardroom 2
Lifull Q3 2026: HOME's Services Revenues Up 4.5%

Lifull recorded its eleventh consecutive quarter of revenue growth for its HOME'S Services segment in the third quarter of 2026....

Read More
idealista boardroom 3
Idealista FY25: Revenues Up 15% as EBITDA Doubles

Idealista reported revenues of €346 million and an EBITDA of €160 million in 2025, but net losses of €191 million...

Read More

Editor's Pick