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Good Morning Hospitality - GMH EU: State of the European Short-Term Rental Industry in 2024 with Simon Lehmann
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GMH EU: State of the European Short-Term Rental Industry in 2024 with Simon Lehmann

Good Morning Hospitality

09/24/24

45m

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In this special episode of Good Morning Hospitality EU, Leo Walton and Simon Lehmann, CEO of AJL Atelier, explore the evolving landscape of the European short-term rental market. Simon shares his expert insights on the ongoing fragmentation of the market, emphasizing how the sector remains hyperlocal, with even the largest players holding a small market share. He highlights the role of technology in allowing smaller property managers to compete while addressing the growing impact of regulations, particularly in urban areas, and the challenges they pose to operators.

Simon predicts tougher times ahead for the industry, with falling ADRs and an oversupply of properties. However, he also identifies opportunities for growth in budget travel and niche sectors like camping. The discussion wraps up with a look at how AI could transform property search processes and optimize guest experiences. OTAs remain dominant but face potential disruption from niche platforms.

Tune in to learn how property managers can navigate these changes and position themselves for success in 2024 and beyond.

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

Tune in this week as Wil Slickers, Michael Goldin, Brandreth Canaley, and Jamie Lane tackle the latest developments in the hospitality industry.

They'll dive into the escalating competition between Booking.com and Airbnb, explore Expedia Group's new AI tools and loyalty strategies under fresh leadership, and analyze Airbnb's strategy to transcend its roots in short-term rentals.

Plus, they’ll explore the potential impacts of the recent Federal Reserve interest rate cut on the travel industry. Tune in for their expert insights on these pivotal developments!

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

In our next episode, special guest Madeline List, Senior Analyst at Phocuswright, joins Good Morning Hospitality to explore how social media is reshaping the travel and lodging industry.

We’ll dive into the influence of social media platforms on travel decisions, the real impact of influencers, and how engagement on these channels is converting into bookings.

Plus, we’ll discuss key strategies for encouraging user-generated content and the changing demographics of travelers. Don’t miss this insightful discussion on the future of travel marketing!

Phocuswright Report Link: https://www.phocuswright.com/Travel-Research/Consumer-Trends/F-is-for-Funnel-Social-Media-and-the-Path-to-Travel-Purchase

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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