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Good Morning Hospitality - Revolutionizing Vacation Home Ownership: A Conversation with Paul Kromidas, CEO and Founder of Summer
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Revolutionizing Vacation Home Ownership: A Conversation with Paul Kromidas, CEO and Founder of Summer

Good Morning Hospitality

11/13/23

36m

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In this episode, we sit down with Paul Kromidas, the CEO and Founder of Summer, the innovative vacation home ownership platform, to discuss their recent fundraise, how their business model will handle the adjusting interest rates, and how they imagine their brand evolving in the industry. Kromidas is a mission-driven entrepreneur who has been leading the charge in making vacation home ownership easy and accessible to everyone.

With over a decade of experience in accelerating growth and scaling teams across various sectors including technology, real estate, finance, and strategy, Kromidas has been a driving force behind the success of Summer.

This episode is brought to you by our friends and sponsors at sojo and TravelNet Solutions!

Connect with Paul & the Summer Team:

gosummer.com

https://www.instagram.com/startsummering/

https://www.youtube.com/@startsummering

https://twitter.com/startsummering

https://www.linkedin.com/company/summer-inc/mycompany/verification/

https://www.tiktok.com/@startsummering

https://www.facebook.com/startsummering

Hospitality Hotline & GMC Report!

Hospitality Hotline is open to everyone by using this link!📲https://www.speakpipe.com/GoodMorningHospitality

And don't forget to subscribe to our new monthly newsletter & Good Morning Capital Dashboard! Sign up here!

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, that comes out every Tuesday & Friday wherever you get your podcasts!

This show is structured to cover industry news within all of travel/hospitality and is recorded live every Monday morning 7am PST/10am 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

In this podcast episode, we discuss the recent updates rolled out by Airbnb. We analyze how these updates, which include an AI photo tour, access control, guidebooks, and pricing modifications, potentially impact both individual hosts and larger property managers. Generally, we all express that these updates are highly beneficial for single-unit hosts, while potentially harming vendors and technology companies that offer similar features. We also debate the effectiveness and accuracy of Airbnb's automated pricing recommendations, warning that it could reduce revenues for property managers.

00:00 Introduction and Casual Conversation

00:15 Reflecting on Previous Episodes and Team Dynamics

01:21 Discussing Airbnb's Recent Updates

02:13 Debate on Airbnb's New Guest-Facing Features

04:07 Exploring the Impact of Airbnb's New Host-Facing Features

11:43 Deep Dive into Airbnb's New Pricing Strategy

13:52 The Future of Airbnb and the Short-Term Rental Industry

31:31 Final Thoughts and Wrap Up

Hospitality Hotline & GMC Report!

Hospitality Hotline is open to everyone by using this link!📲https://www.speakpipe.com/GoodMorningHospitality

And don't forget to subscribe to our new monthly newsletter & Good Morning Capital Dashboard! Sign up here!

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, that comes out every Tuesday & Friday wherever you get your podcasts!

This show is structured to cover industry news within all of travel/hospitality and is recorded live every Monday morning 7am PST/10am 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

Join Sarah Dandashy & Steve Turk as they dive into the latest in the hotel and travel industry.

Miami Beach's luxury hotel condos: A threat to Art Deco heritage?

Las Vegas avoids the largest hotel strike in history.

The perennial puzzle: Why are hotel showers so complex?

Thanksgiving travel surge: TSA and airlines gear up for a record-breaking season.

2024 Travel Trends: From 'Set-jetting' inspired by TV and movies to 'Destination Dupes' and 'Dry Tripping.'

Be sure to join us in the morning as we will have a special guest on the show, Carlo Carroccia, CHA, who will share a bit about his properties and join us as we cover our weekly topics!

Plus, insightful hospitality quotes and personal stories from the field. Tune in for a blend of humor, trends, and industry insights. Don't forget to subscribe for more!

The GMC Report is LIVE!

Make sure you sign up for our Good Morning Capital Newsletter & Members Dashboard, right here!

Hospitality Hotline

Hospitality Hotline is open to everyone by using this link! 📲https://www.speakpipe.com/GoodMorningHospitality

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, that comes out every Tuesday & Friday wherever you get your podcasts!

This show is structured to cover industry news within all of travel/hospitality and is recorded live every Monday morning 7am PST/10am 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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