How to Stand Out in the Short-Term Rental Market with @VodysseyShawnMoore
Summary
Shawn Moore, CEO of Vodyssey, shares his journey into the short-term rental space starting in 2006 when he bought his first vacation home. He emphasizes the importance of understanding your target audience for a unique stay experience and taking steps daily while keeping an eye on the balance between investment and lifestyle.
More from Getting Started
This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
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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