In today's episode I discuss news updates in short term rental land with Margot Schmorak, CEO of Hostfully.
News items discussed:
In an interview with Joe Zadeh (VP of Experiences) he shares that there are now 30,000 experiences in over 1,000 cities, up from 1,000 experiences in 12 cities when the service was started in November 2016.
Barcelona receives over 9 million visitors a year, which puts the city in the top 10 of cities with the most visitors per capita. This creates friction in the most popular neighbourhoods. Airbnb is used as a scape goat, even though only about 15% of visitors stay at an Airbnb.
Airbnb leads a 160 million investment in Lyric, the sister company of Wheelhouse. You can listen to an interview with the CEO, Andrew Kitchell, who I interviewed in episode 71.
Airbnb finally improved the security deposit functionality. They will now authorise the guest´s credit card 48 hours before check-in. If they are unable to do so, the host can cancel the reservation.
Operators who have 25+ listings or $1m in revenue can now apply to attend the STR Legends Live in Puerto Rico. The event will be held June 27th to July 1st. Click here to apply and learn more.
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