This episode is sponsored by Urban Catalyst.
The short-term rental market has changed dramatically since the pandemic. Bookings fell but then rose quickly due to remote work and school. Now in our evolving world, more guests than ever are looking at short-term or flexible solutions. To talk about this wild ride and more in hospitality is Mike Liverton, the founder of Jetstream Hospitality Solutions, a company that provides tech solutions for short-term rental operators.
0:00 Introduction
1:06 How Mike got into hospitality tech
5:08 Dynamic pricing in short term rentals
6:05 The return of condo hotels
7:06 How short term rentals have evolved
8:44 What does guest delight mean for Jetstream
10:24 The value of multilingual communication
12:20 AI and translation
13:18 Short term rental trends across different companies
16:04 The flexible rent trend
18:07 Urban Catalyst ad
20:14 Investor demand for short-term rentals
21:49 How to evaluate short-term rentals
22:49 Impact of high prices
24:25 How Jetstream helps investors
25:52 Airbnb's need for hosts
27:14 Brand building for short term investors
28:25 Vetting software integrations
29:40 Mike's transition away from CEO