GMH EU: Vacasa’s STR Troubles, Hopper's Strategy, and Set-Jetting
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Description
In this episode, the team dives into Vacasa’s recent challenges, including a 37% stock drop due to revenue loss and inventory issues, prompting a strategic shift to a hyperlocal approach in managing short-term rentals. They also explore Hopper's decision to focus on its B2B platform, which now accounts for 66% of its revenue through partnerships with financial institutions. Finally, they discuss the "set-jetting" trend, where streaming TV inspires viewers to visit destinations from their favorite shows. Tune in for detailed insights on these key trends in the hospitality industry. — 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! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Published 11/25/24
Published 11/25/24