In this bonus hot take episode, Leo chats with Dale Smith, CEO and Co-Founder of Host & Stay, who shares exciting news about his company securing a £10.5 million investment from Growth Partner. Dale discusses the strategic timing behind this deal, their growth plans, including acquisitions and organic expansion, and their unique market proposition of being 80% fully managed. He also touches on the challenges and opportunities in the property management industry, including regulatory...

Join Sarah Dandashy and Steve Turk as we discuss the Czech Republic's latest measures to regulate tourism in Prague. These measures aim to limit overnight stays and control noise pollution, enhancing the quality of life for residents. We also discuss practical tips for parents considering flying business class while their kids fly economy. Learn how to prepare your kids for this experience, ensuring they’re comfortable and safe while you enjoy a bit more comfort. Tune in for insights into...

In this episode, Leo Walton and Damien Sheridan explore the latest trends in the short-term rental market, focusing on how hosts can stand out by offering thoughtful amenities even in budget accommodations. They discuss the recent European market data showing a slight decline in ADRs despite strong demand and consider the impact of climate change on travel patterns. The episode also highlights the growing significance of the US market for OTAs, with Booking.com’s latest marketing stunt...

In this episode, Leo Walton and Sarah Nan Dupre start with the exciting news that AirDNA has appointed Rohit Bezewada as its new CEO, bringing fresh ideas and a robust and data-driven approach to the company’s future. We then discuss the drastic measures in Seville, where the city plans to reduce water supplies to illegal short-term rentals to combat unlicensed tourism. Finally, we dive into Sonder’s recent strategic licensing agreement with Marriott, which adds over 9,000 units to Marriott’s...

We've got the one and only Jamie Lane, Chief Economist at AirDNA, back on the show to give us the rundown on all things Vacation Rental data! You won't want to miss this episode, as the hospitality industry has had a busy month! This episode is brought to you by Homes & Villas by Marriott Bonvoy! To learn more about a partnership with them, visit this link today! https://bit.ly/gmhhvmform — Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM...

In this episode, we explore the major sale of Hyatt Regency Orlando for over $1 billion, marking the largest single-asset sale in Hyatt's history, as part of Hyatt’s strategy to shift towards an asset-light model. We also discuss Marriott International's new long-term licensing agreement with Sonder Inc., which will add over 9,000 rooms to Marriott’s portfolio, and the growing “sober travel” trend driven by Gen-Z and wellness-focused travelers, with more hotels and airlines embracing...

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...

We're back with another special guest and a special announcement from Sam Dundas, Co-Founder of Besty AI. Sam has joined the show before to share more about Besty and the world of AI in general, sharing his unique perspective on where AI is going for hospitality entrepreneurs. In this episode, he has a special announcement, and the crew (Michael Goldin, Brandreth Canaley, and Wil Slickers) is going to ask Sam more questions on the ever-evolving AI landscape! This episode is brought to you by...

In this episode, we examine privacy concerns raised by guests at Resorts World Las Vegas during a hackers convention. "Daily room checks" spark debate over security versus guest privacy. We also discuss the rapid adoption of the WTTC's Hotel Sustainability Basics, with over 5,000 hotels worldwide joining the initiative to reduce environmental impact. Finally, we explore Hilton’s latest earnings call, where CEO Chris Nassetta highlights a softening U.S. leisure travel market, the continued...

In this episode, Leo Walton, Sarah Nan DuPre, and Raphaële Cline discuss various topics impacting the short-term rental industry, such as regulatory changes in Chamonix, Airbnb's financial performance and future plans, and OYO USA's acquisition of French property management company Checkmyguest for an estimated €100 million. The conversation also explores the untapped potential in hospitality subscriptions and the growing interest in the experience economy, where unique local experiences are...

Join us this Monday for a special guest-focused episode with Maxwell Farley, CEO & Founder of sojo! We've had Max on in the past to share a bit about sojo and how vacation rental managers automate their guest amenities, owner gifts, and much more, so if you haven't heard his past episode, give it a listen because this week, he joins Michael Goldin, Brandreth Canaley, and Wil Slickers for an industry update and insights he's learned from operators this year! This episode is brought to you...

In this episode, we cover the significant impact of summer travel cancellations on hotel revenue, IHG Hotels & Resorts confident outlook despite global concerns, the clash between CrowdStrike and Delta Air Lines over a costly IT outage, the best and worst U.S. airports for early and late flights, and the high vacation confidence among Americans despite budget constraints. Tune in for a comprehensive update on these key topics shaping the hospitality industry. Sarah Dandashy & Steve...

In this episode, join us as we discuss the effects of the Olympics on Parisian tourism and the high demand driven by major concerts in Europe. Hear about the wild story of the 'Wolf of Airbnb' and the recent hefty fine on Booking.com. Plus, get insights on whether smaller, off-the-beaten-path destinations might rise in popularity. — 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...

In this episode, Wil Slickers, Brandreth Canaley, and Michael Goldin discuss New York City's latest regulations on hotel licensing and how Online Travel Agencies (OTAs) increasingly compete in the short-term rental market, bringing new dynamics to how rentals are managed and marketed. Additionally, we discuss the current slowdown in travel, analyzing its causes and the broader implications for the industry. This episode is brought to you by Homes & Villas by Marriott Bonvoy! To learn more...

Dive into the evolving world of hospitality in this episode as we explore the latest J.D. Power 2024 North America Hotel Guest Satisfaction Index, revealing a significant divide in satisfaction between luxury and limited-service hotels amidst soaring room rates. Discover the new additions to the prestigious AAA Four Diamond list, and take a nostalgic trip with Super 8 offering 1974 room rates. Shift gears to airline news, where Southwest Airlines debates the end of open seating, and learn how...

Join us in this engaging episode as we dive into various tourism and sustainability topics. The conversation takes a deep dive into the challenges of overcrowding and sustainability in popular tourist destinations like Venice and Barcelona. We analyze the impacts of new regulations targeting short-term rentals, day-trippers, and digital nomads. With insightful discussions on innovative sustainability measures, tourism management, and the changing regulatory landscape, this episode is a...

In this episode, Brandreth Canaley, Michael Goldin, and Wil Slickers dive into Selina's financial struggles as the company faces a liquidity crisis and seeks potential buyers, marking a significant downturn for the once-promising hospitality startup. Meanwhile, Hyatt Hotels Corporation announces an exclusive alliance with Under Canvas Inc., enhancing its portfolio with unique outdoor luxury experiences that promise to redefine immersive travel. Additionally, despite rising costs, consumer...

In this episode, Sarah Dandashy and Steve Turk discuss some intriguing developments in the hospitality and travel industries. First up, Hyatt Hotels Corporation is reportedly in advanced talks to acquire the operator behind The Standard Hotels, potentially expanding its boutique luxury footprint. Next, we explore the latest in hotel luxury: robotic massages. Initially met with skepticism, these high-tech amenities are gaining popularity and positive reviews in luxury hotels. We also discuss...

In today’s episode of Good Morning Hospitality, Leo Walton, Raphaële Cline, and Sarah Nan DuPre discuss Bob W’s strategic joint venture with OCIM to expand short-term rentals, Vrbo’s major reversal on guest refund policies for more flexibility, and Landfolk’s successful Series A funding round aimed at enhancing their platform and services. Tune in for insights on these significant developments in the hospitality industry! — Good Morning Hospitality is part of the Hospitality.FM podcast...

This week, Wil Slickers and Michael Goldin cover some hot topics that have come up during the last week, like Expedia Group launching their OneKey credit card with Wells Fargo & Mastercard, Bob W. partnering with Osborne+Co Investment Management (OCIM) and announcing the launch of a £120 million equity raise to acquire and repurpose hotel and office assets into high-quality short-term serviced apartments, over 4000 flights canceled during tech meltdown and much much more! Thank you, sojo,...

In today’s episode, Sarah Dandashy and Steve Turk explore the evolution of the all-inclusive resort market, which is setting new standards with luxurious offerings and unique experiences, driving significant growth, especially in destinations like Punta Cana. They delve into how hotels continue to prioritize human connections despite advances in AI, with industry leaders emphasizing the importance of investing in staff to enhance guest experiences. They also cover Virgin Voyages' exciting new...

In this episode, hosts Leo and Damian discuss various topics related to short-term rentals, including the effect of major sporting events like the Olympics on the industry. They cover the oversupply and high pricing issues in Paris, the impact of house pricing on local markets, and the challenges faced by hosts and property managers. The conversation also touches on the intricacies of tourism and how different cities should plan their housing strategies. Additionally, they delve into the...

Michael & Wil are back from the first Good Morning Retreat and ready to dive in deep from the lessons learned with Brandreth Canaley while also keeping you informed on other industry tropics, like the impact of banning STRs in New York happening now that they saw a significant increase in travelers and Vrbo's recent change in cancellation policies when impacted by a major travel disruption! Thank you to sojo for powering this episode! getsojo.com/gmh — Good Morning Hospitality is part...

Today, Sarah Dandashy and Steve Turk dive into exciting news in the hotel industry. W Hotels is taking its "W Presents" live music series on a global tour, starting July 14 at W Bali - Seminyak. Hilton expands its luxury portfolio by adding nearly 400 boutique properties from Small Luxury Hotels of the World (SLH), now bookable through Hilton channels. Marriott International launches Business Access by Marriott Bonvoy, simplifying travel for small to medium-sized businesses. Plus, record...

This week, Leo and Raphi cover the Barcelona short-term rental ban, Hostaway's new dynamic pricing tool, and a merger between two micro-camping websites. They also explore how over-tourism impacts travel destinations and the critical role of sustainable travel practices. Learn about the challenges and opportunities in the short-term rental market, including the importance of educating property owners and enhancing guest experiences. — Good Morning Hospitality is part of the Hospitality.FM...