GMH EU: Digital Nomads on the Rise & Shifting STR Preferences
Good Morning Hospitality
10/08/24
•37m
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In this episode, Europe Crew, Leo and Sarah discuss the growing impact of digital nomads, particularly in Latin America, and how this trend could affect Europe. They highlight the economic benefits of these remote workers, such as increased spending in local economies and collaboration with local businesses, which have led to positive knock-on effects in cities like Mexico City and Medellín. Leo and Sarah explore how Europe might embrace this shift and integrate digital nomads into its short-term rental market to boost growth while addressing concerns around housing availability.
The episode also covers the growing preference for STRs over hotels, supported by data showing increasing customer loyalty and satisfaction with STRs due to factors like location flexibility, affordability, and suitability for longer stays. As the hospitality industry adapts to post-pandemic travel patterns and the evolving needs of both leisure and business travelers, Leo and Sarah discuss what these shifts mean for operators and how STRs are gaining traction globally.
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Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts!
This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form!
Previous Episode
Vrbo Policy Changes, Gains for Short-Term Rentals & Sonder’s Big Setback
October 7, 2024
•34m
In this week’s episode of Good Morning Hospitality, Wil Slickers, Brandreth Canaley, and Michael Goldin explore the latest challenges facing the hotel industry as short-term rentals continue to gain ground. We’ll explore key data insights showing how alternative accommodations are thriving, putting traditional hotels in a tough spot.
The team also discusses Sonder Inc.'s surprising financial revelations, as the company reported nearly $80 million more in losses than disclosed in 2022. With Sonder’s renewed focus on integrating with Marriott International, what does this mean for its future and the broader short-term rental landscape?
We’ll also discuss Expedia Group’s latest strategies for supporting hosts and partners, offering a fresh perspective on the changing dynamics in hospitality.
Don’t miss out on these essential updates and analyses from your favorite hospitality experts!
Articles from this episode:
- Skift: Sonder's $80M Loss - Link
- Skift: Hotels Losing Share to STR's - Link
- Vrbo: New Policy changes - Link
Attending VRMA?
- If you're attending VRMA, register for our Well & Good Morning Coffee Hour! October 15th at 8:15am, we will be hosting a coffee hour with free Well & Good Morning Coffee, amazing industry leaders, and even some group/panel discussions!
—
Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts!
This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form!
Next Episode
BONUS: How To Get Better Bookings with Marriott Homes & Villas
October 11, 2024
•38m
In this episode of Good Morning Hospitality, the team welcomes Keven Wishard, Head of Global and Continent Operations at Homes & Villas by Marriott Bonvoy.
He discusses the seamless integration of hotel and vacation rental experiences, the significance of the Bonvoy loyalty program, and the evolution of partner onboarding processes. Keven also touches on Marriott's strategic growth in emerging markets and the company's efforts to maintain high standards while adapting to different international markets.
Tune in for an engaging conversation filled with industry insights and personal anecdotes from the world of hospitality.
—
Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts!
This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form!
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