44. Evolution and The Future Outlook of Short Term Rental Industry

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In this episode, Michael Chang and Simon Lehmann, the the leaders in the short-term rental industry, share insights on the evolution of the industry, the impact of COVID-19, the role of technology, and the challenges faced by major OTAs.

The conversation delves into the challenges and the future outlook of the industry. It also explores the importance of unit density, market localization, and the balance between centralized and decentralized operations.

00:00 Evolution of the Short-Term Rental Industry

08:04 Impact of COVID-19 on Market Penetration

12:06 Challenges and Opportunities for Major OTAs

24:13 Navigating the Short-Term Rental Industry: Challenges and Opportunities

31:42 The Role of Technology and Economies of Scale in Property Management

35:30 Unit Density and Market Localization: Driving Sales Tax Returns

40:53 Balancing Centralized and Decentralized Operations in Property Management

43:27 The Future Outlook for the Short-Term Rental Industry

Connect with Simon on LinkedIn: https://www.linkedin.com/in/simon-lehmann-8375753b/

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