Luxury rental brand Stay Alfred suspends operations, closes social channels - PhocusWire
Summary
The luxury rental brand Stay Alfred has suspended its operations and closed its social media channels. This news is a sign of the volatile market, and highlights the risks of investing in larger, more complex STR businesses, especially during times of economic uncertainty. Hosts should monitor industry trends to assess their own business strategies.
Key Insights
- •The luxury rental brand Stay Alfred suspended operations.
- •Stay Alfred closed its social channels.
Action Items
- ✓Monitor industry trends to assess your own business strategies.Effort: lowImpact: medium
Common Mistakes
- ⚠Risk of investing in larger, more complex STR businesses, especially during times of economic uncertainty.
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