In his first Executive Decision segment of last Friday's "Mad Money" program, host Jim Cramer spoke with Matt Roberts, CEO of Vacasa Inc. (VCSA) , a vacation rental platform that came public late last year via a special purpose acquisition company (SPAC) merger.
Roberts is no stranger to the technology sector, as he previously was CEO of OpenTable. He said Vacasa focuses on the supply side of vacation rentals, making it super easy for homeowners to rent out their vacation properties.
While vacation rentals became popular during COVID, Roberts said they're a lot more than just a pandemic story. Travelers prefer the comforts of home, he said, and they prefer Vacasa over staying at a hotel.