AwayDay
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AwayDay - overview
Location
Destin, FL, US
Primary Industry
Travel & Leisure
About
Based in the US, AwayDay offers comprehensive vacation rental management solutions, focusing on enhancing both property owner and guest experiences across sought-after destinations in the United States. AwayDay is a vacation rental management company that connects property owners with guests looking for memorable travel experiences. The firm is headquartered in Destin, Florida, US. In May 2025, the company received investment from Ares Management and LightBay Capital, which facilitated its transition to LightBay Capital Fund II.
The founder's background is not specified, and there are no mentions of previous companies associated with them. AwayDay specializes in vacation rental management, providing a diverse portfolio of hosting experiences across various US destinations. Their services include property management, owner relations, guest services, and maintenance. The company caters to families and adventure seekers, with properties located in states such as Florida, Montana, and New York, as well as adventure hotspots like the Rocky Mountains and Utah.
AwayDay also targets regions including Gulf Shores in Alabama and Arizona, leveraging local expertise to improve property management efficiency and guest satisfaction. AwayDay generates revenue through a commission-based model, where property owners pay a percentage of rental income from bookings made through its platform. This structure ensures a mutually beneficial arrangement, enhancing property visibility while providing guests with curated accommodations. The clientele includes individual property owners as well as families seeking vacation rentals, allowing the company to maintain a direct-to-consumer approach in the leisure travel market.
Following the investment in May 2025, AwayDay plans to accelerate its growth initiatives. The company aims to expand into new markets and geographic regions, with specific targets announced soon after the recent funding round. The financial terms of the investment were not disclosed, but it is intended to support AwayDay in launching new products and enhancing its service offerings. This strategic direction reflects the company's commitment to growing its footprint in the vacation rental sector.
Primary Industry
Travel & Leisure
Sub Industries
Hotels & Accommodations, Travel & Tourism, Recreational & Entertainment Facilities
Website
www.awayday.com
Total Amount Raised
Subscriber access only
AwayDay - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | AwayDay | - |
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