- Home
- /
- News
- /
- January 2023
- /
- Will Blockchain Revolutionize the STR Industry? (Ep540)
Will Blockchain Revolutionize the STR Industry? (Ep540)
Summary
This podcast episode explores the potential of blockchain technology in the short-term rental industry. It also provides insights on the evolution of property management systems (PMS) and offers advice on selecting the right one for your business. Hosts can learn how AI tools like ChatGPT can be used for content creation.
Key Insights
- •The article suggests that there will be fewer PMS options in the STR market in the next five years.
- •The article discusses how iGMS started as a marketplace for cleaners and evolved into a full PMS system, now serving 500,000 STR listings.
Action Items
- ✓Consider using AI tools like Chat GPT for content creation or graphic design.Effort: lowImpact: medium
Tools & Resources
- →Chat GPT: The article mentions Chat GPT.
- →iGMS: The episode mentions iGMS, a vacation rental management platform.
More from Hosting Operations
An Airbnb property owner in Citrus Heights reported a massive party and property damage caused by a guest using a fake elderly profile. This incident highlights the risks of fraudulent guest profiles and the potential for significant financial losses. Hosts should be aware of the security vulnerabilities on platforms like Airbnb.
This article discusses traffic issues in Whistler, British Columbia, suggesting that road infrastructure alone isn't the sole cause. While not directly about STRs, it hints at broader issues like increased tourism and potential impacts on local services which can affect hosts. This impacts the guest experience and host operations.

Minor Hotels is developing an AI platform from scratch to enhance guest personalization. Unlike rivals layering AI onto existing systems, Minor's approach prioritizes real-time data for faster impact. This signifies a potential advantage in marketing, offering, and service improvements for their 640+ hotels and 12 brands.
Curated by Learn STR by GoStudioM


