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From the Desk of Pedro Mandoki

At the end of July Mandoki Hospitality, Inc. (MHI) will be selling the vacation rental portion of our business to Vacasa Alabama LLC. MHI will continue offering real estate and association management services to the homeowners of the Plantation. After thirty-two years at the Plantation, it is time for us to turn over this portion of the business. After evaluating many companies in the vacation rental business, we believe we have found the right company to take over the vacation rental portion of our business. Vacasa Alabama has the resources and know-how to take the Plantation to the next level.

The parent company, Vacasa LLC, is one of the largest vacation rental management companies in the nation. With this change, owners on our rental program will continue to enjoy the personalized management of their property, i.e.: maintenance, safety, cleanliness and use within the prescribed parameters. But more importantly with Vacasa Alabama they will enjoy an increase in bookings and revenue as a benefit of their nationwide marketing abilities and their technologically advanced vacation rental management.

Nora and I value the trust and friendships we have developed through the years with all of you and we look forward to a successful future for all.

Pedro Mandoki

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