M&A has come to short-term rentals, and the calls are already coming in. This session catches you up: what's pulling private equity and the big operators into buying property management companies, what makes one worth buying, and the vocabulary a deal runs on, EBITDA, multiples, earnouts, gross booking value, in plain language. You'll leave understanding why a call or a letter might have come to you, and able to read an offer for what it is instead of figuring it out when it happens.