Insight
Larger companies are buying out midsize operators, offering competitive advantages through efficiencies of scale.
This article discusses key takeaways from the STR Legends Cartagena conference, emphasizing the increasing professionalization of the STR industry. Hosts should focus on treating their STR as a real business, defining their values, and understanding how larger companies are impacting the market to stay competitive.
Larger companies are buying out midsize operators, offering competitive advantages through efficiencies of scale.