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- Serial entrepreneur to create ‘Airbnb for house shares’ - businesscloud.co.uk
Serial entrepreneur to create ‘Airbnb for house shares’ - businesscloud.co.uk
Summary
A serial entrepreneur is developing a platform, described as an 'Airbnb for house shares,' which could disrupt the traditional STR market by focusing on shared living spaces. This initiative might introduce new competition and expand lodging options. Its success will depend on market demand and regulatory acceptance.
Key Insights
- •A serial entrepreneur is creating a new platform for house shares, aiming to create competition for Airbnb.
Action Items
- ✓Hosts should explore alternative platforms to diversify their listing strategy to take advantage of upcoming market shifts.Effort: lowImpact: medium
Tools & Resources
- →businesscloud.co.uk: The article is from businesscloud.co.uk.(businesscloud.co.uk)
More from Getting Started
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Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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