Player FM - Internet Radio Done Right
Checked 2M ago
Додано four роки тому
Вміст надано Mateo Bradford & John Stokinger, Mateo Bradford, and John Stokinger. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Mateo Bradford & John Stokinger, Mateo Bradford, and John Stokinger або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
Player FM - додаток Podcast
Переходьте в офлайн за допомогою програми Player FM !
Переходьте в офлайн за допомогою програми Player FM !
the no BS podcast explicit
Відзначити всі (не)відтворені ...
Manage series 2923800
Вміст надано Mateo Bradford & John Stokinger, Mateo Bradford, and John Stokinger. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Mateo Bradford & John Stokinger, Mateo Bradford, and John Stokinger або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
An unfiltered look into the global hospitality and short-term rental industry with a focus on founder stories, current events, and culture. Co-Hosts Mateo Bradford and John Stokinger discuss current news and affairs surrounding the vacation rental, lodging, and accommodation industry. the no BS podcast brings the right people to the table at the right time giving their audience an inside view and real take like no other. https://thenoBSpodcast.co
…
continue reading
139 епізодів
Відзначити всі (не)відтворені ...
Manage series 2923800
Вміст надано Mateo Bradford & John Stokinger, Mateo Bradford, and John Stokinger. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Mateo Bradford & John Stokinger, Mateo Bradford, and John Stokinger або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
An unfiltered look into the global hospitality and short-term rental industry with a focus on founder stories, current events, and culture. Co-Hosts Mateo Bradford and John Stokinger discuss current news and affairs surrounding the vacation rental, lodging, and accommodation industry. the no BS podcast brings the right people to the table at the right time giving their audience an inside view and real take like no other. https://thenoBSpodcast.co
…
continue reading
139 епізодів
All episodes
×t
the no BS podcast

1 Co-Living & Short-Term Rentals: Profit with a Purpose with Cliff Johnson and Atticus LeBlanc 43:21
In this episode of the no BS podcast, we explore the intersection of co-living and short-term rentals with guests Cliff Johnson and Atticus LeBlanc. The discussion delves into the benefits of co-living, the flexibility and financial empowerment it offers, and its role in addressing affordable housing issues. Atticus shares his journey into creating PadSplit, including his experiences with real estate investment and the evolution of the co-living model. Cliff adds insights from his extensive background in vacation rentals and highlights how co-living can complement the short-term rental market. The episode also covers regulatory challenges, the potential for commercial property conversions, and the community support PadSplit provides to both investors and residents. PadSplit https://www.padsplit.com/ Episode Highlights: 00:00 Introduction to the No BS Podcast 00:57 Diving into Co-Living and Short-Term Rentals 02:31 Atticus LeBlanc's Journey and Vision 07:19 The Birth of PadSplit 13:10 PadSplit's Impact and Future 20:41 Challenges and Misconceptions 21:33 Regulatory Clarifications and Affordable Housing 24:15 Addressing Misconceptions About Co-Living 26:15 Making Co-Living Easy and Effective 28:19 Community and Peer Support in Co-Living 34:31 Scaling and Future Prospects of PadSplit 35:29 Innovative Housing Solutions and Conversions 40:34 Empowerment and Community Impact 41:39 Final Thoughts and Call to Action…
In this episode of the No BS podcast, we welcome back Marcus from Hostaway to catch up on the exciting developments since his last appearance in December 2022. We dive into Hostaway's impressive feats, such as raising a massive $175 million in Series A funding, followed by an even more staggering $365 million Series B funding round. Marcus gives us an inside look at the intricacies of running a top-tier business, emphasizing the paramount importance of stellar customer support and innovative technology. We also explore the future plans for Hostaway, the evolving landscape of the short-term rental industry, regulatory challenges, and what it takes to achieve market leadership. Don't miss this insightful conversation packed with industry knowledge and future trends. Link to Hostaway: https://www.hostaway.com/ Episode Highlights: 00:00 Introduction to the No BS Podcast 00:57 Welcoming Marcus from Host Away 02:26 The Simple Truths of Business and Life 04:56 Host Away's Major Funding Announcements 06:20 The Three Pillars of Running a Business 12:31 The Importance of Customer and Investor Relationships 20:45 The Future of Vacation Rentals and Direct Bookings 23:16 Investing in Technology and Customer Success 24:08 Acquisitions and Market Competition 25:55 Challenges of Following Playbooks 30:30 Valuations and Market Opportunities 35:20 Impact of Regulation on Real Estate 40:04 Company Culture and Employee Compensation 45:58 Conclusion and Future Outlook…
In this episode, we journey from the days of Big Printing, brush elbows with some very established brands, and take the learnings to Vacation Rental Operations with Brian Butler The conversation covers the evolution and impact of technology in vacation rentals, the integration of AI and machine learning, and the balancing act of scaling while maintaining company culture. Brian also introduces his current project, EZcare, detailing how it revolutionizes property care and operations through innovative inventory management and scheduling solutions. The discussion is candid, insightful, and filled with valuable industry perspectives and future tech trends. We LOVE this conversation and know you will too! EZcare website: https://www.ezcare.io/ Contact Brian Butler: brian@ezcare.io Episode Highlights: 00:00 Introduction to the No BS Podcast 00:57 Hosts' Personal Updates and Banter 02:04 Introducing Guest Brian Butler 03:01 Brian Butler's Career Journey 06:09 Transition to the Hospitality Industry 07:42 Experiences at Navis and Vacasa 16:50 Challenges and Innovations in the Industry 22:12 The Rush to Grow: Is It Worth It? 23:16 The Impact of Rapid Scaling on Company Culture 24:34 The Rise of the Hobbyist in the Vacation Rental Market 25:42 Introducing EZcare: A New Approach to Business 26:16 Building Tools for the Vacation Rental Industry 32:24 The Importance of Inventory Management 39:54 The Future of Property Care with AI 42:30 Conclusion and Final Thoughts…
In this episode of the no BS podcast, we dive deep into the world of short-term rental upgrades with Mark Lumpkin of STR Cribs. The discussion covers everything from the origin of STR Cribs, which provides comprehensive renovation and setup services for short-term rentals, to their unique approach to transforming dated properties into high-revenue vacation spots. Mark explains how STR Cribs not only handles design and construction but also advises on maximizing revenue through strategic amenities and safety considerations. The episode also touches upon Mark's journey into the industry, the importance of differentiating rental properties, the company's financing opportunities, and potential future expansions and plans for the company Notably, the conversation explores the broader trends in the STR industry and the growing need for unique, experience-driven rental properties to stand out in saturated markets. STR Cribs website - https://strcribs.com/ Mark's LinkedIn - https://www.linkedin.com/in/mark-lumpkin-84b173142/ Mark's email - mlumpkin@strcribs.com 00:00 Welcome to the No BS Podcast 00:57 Meet the Hosts: Mateo and John 01:08 Home Renovation Stories 01:29 Introducing Our Guest: Mark Lumpkin 03:09 Mark's Journey into the STR Industry 05:15 Travel Adventures and STR Insights 09:15 The Birth of STR Cribs 10:50 Consulting and Revenue Management 14:40 Expanding STR Cribs' Reach 19:40 Future Projects and Innovations 21:25 The Airbnb Clone Epidemic 22:42 Standing Out with Bold Design Choices 23:24 Exploring Partnerships and Collaborations 24:14 Maximizing Property Revenue with Small Changes 24:51 Media and Marketing Strategies 25:46 The Power of Social Media 26:19 Upcoming TV Show and Content Plans 26:43 The Value of Sharing Knowledge 29:29 Networking and Industry Events 32:51 Innovative Financing Opportunities 35:52 Future Trends in the STR Market 39:16 Concluding Thoughts and Farewell…
t
the no BS podcast

This week we share an important conversation during Human Trafficking Prevention month and delve into the dark side of the vacation rental industry with our friend Ela Mezhiborsky, co-founder and president of Autohost. We discuss the crucial issues around human trafficking in short-term rentals and the importance of awareness, education, prevention, and protection. Ela shares her journey, detailing how Autohost emerged as a key player in AI-driven guest screening to combat fraudulent activities and criminal behavior, including human trafficking. We also stress the importance of training and awareness, encouraging listeners to take concrete steps such as enrolling in specialized courses. With a focus on bringing industry players together for greater accountability and ethical operations, this episode aims to spur action and discourse around a critical but often overlooked issue. DO NOT MISS THIS OPPORTUNITY TO EDUCATE YOURSELF AND YOUR TEAM! Vacation Rental Human trafficking awareness education by Dr. Judy Sullivan Osterhage Visit this link for a special $50 off deal exclusive for the no BS podcast listeners --> https://www.traffickingawareness.org/offers/QUSL2jy8/checkout 00:00 Welcome to the No BS Podcast 00:57 Introducing Our Special Guest: Ela Mejaborski 01:51 The Dark Side of the Hospitality Industry 03:14 The Birth of Autohost 05:38 A Light Bulb Moment: Spotting Illegal Activity 11:39 Understanding Human Trafficking 15:24 The Importance of Awareness and Training 21:26 Housekeeping Team Challenges 21:56 Importance of Neighbor Relations 23:07 Security and Technology in Rentals 23:30 Human Trafficking Awareness 28:21 Educational Resources and Courses 32:11 Call to Action for Property Managers 39:12 Conclusion and Future Steps…
This week, we’re diving into the messy world of **hospitality tech** and uncovering solutions that actually work. Our guest is Abdul Ahadh, CEO and co-founder of Calry, a game-changing Unified API for property management systems (PMS). If you’ve ever struggled with clunky integrations or wasted time wrestling with tech that doesn’t play nice, this episode is for you. We break break down: - Why the PMS integration game is broken. - How Calry’s Unified API cuts through the chaos. - Real-world benefits like reduced resource burn and faster integrations. Plus, Ahad shares his journey from Bangalore’s startup scene to disrupting the short-term rental API game. He gives us a sneak peek into Calry’s expansion plans and why they’re the partner you need to scale smarter, not harder. Visit CALRY - https://calry.app/ Timestamps (because we know you’re busy): **00:00** - No BS welcome: Let’s get real about hospitality tech. **00:57** - Post-VRMA takeaways and industry chatter. **03:00** - Homecoming Week in Atlanta: The vibe shift. **07:51** - Meet Abdul Ahadh and the origin story of Calry. **09:49** - Building Calry: Why the world needed a Unified API. **13:32** - The gritty truth about hospitality tech challenges. **16:49** - Bangalore: Why it’s the Silicon Valley you should care about. **18:05** - How Calry’s solving real problems—and what’s next. **21:34** - Why PMS integrations suck and how to fix them. **22:31** - The Unified API solution: One point of contact, endless possibilities. **24:05** - Business efficiency unlocked: The Calry effect. **26:23** - Open API and business decisions. **31:50** - Scaling up: Calry’s roadmap for the future. **38:51** - The advantages of switching to Calry. **44:28** - Closing thoughts: Ahad’s advice for the next big disruptor.…
In this episode of the podcast, Mateo and John chat it up with Happy Guest co-founders Alex Husner and Kanan Whited. There's something refreshing about this guest portal and the story and psychology behind the app is entertaining and fulfilling. You're gonna want to download this one. Episode Highlights: Guest Introductions: Exciting projects ahead: Alex, a returning guest, shares her excitement about new projects and life post-Casago. First-time guest Kanan Whitehead, co-founder of Happy Guest , joins the show to discuss his journey into vacation rental tech. Kanan’s Origin Story: From Amazon to Vacation Rentals: Kanan’s background in scaling creativity at Amazon/Whole Foods led him into vacation rental branding and operations. His work at Airbnb led to developing tools that streamline operations for property managers, leading to the founding of Happy Guest . Why Happy Guest was created: Kanan and Alex discuss how Happy Guest was born from a desire to simplify the vacation rental guest experience. Focus on creating a seamless guest journey by improving communication, workflows, and reducing operational burdens for managers. Psychology of the Guest Journey: Happy Guest focuses on the psychology of guest interactions, creating a fun and stress-free experience for both guests and property Upsells Timing: The trend is upsells in the property management space, but upsells are most effective closer to the check-in date rather than at the time of booking. Importance of Guest Communication: Guests prefer to communicate on platforms they are comfortable with (e.g., Airbnb), and property managers should align with those preferences while collecting necessary contact details. Unified Communication: The challenge of disjointed guest communications (email, text, Airbnb messages) can make Airbnb the most consistent touchpoint. The goal is to streamline communication and keep it aligned with the guest's preferences. Gamification: Happy Guest's check-in process includes a gamified element to make it engaging for guests, inspired by the success of platforms like Hopper that have integrated fun, playful design elements. Visual Design and Branding: There is a trend towards minimalist design in tech, but Happy Guest differentiates itself with a more playful, colorful approach. The design aims to make the platform memorable and enjoyable for both property managers and guests. Guest Journey Optimization: Happy Guest emphasizes simplifying the guest journey, from booking to check-in, using technology to make the process intuitive and stress-free for both guests and property managers. Revenue Opportunities: Happy Guest offers upsells such as early check-in or other customizable add-ons. Property managers can increase revenue while saving time through automation. Streamlined Setup: The platform is quick to set up, requiring little ongoing management from hosts. Once implemented, it automates many repetitive tasks, freeing property managers to focus on other responsibilities. Consistency in Guest Experience: Inconsistent messaging and outdated terms across platforms (Airbnb, Vrbo, direct bookings) are common pain points. Happy Guest helps property managers streamline and standardize their guest communications across all platforms. No App Download Required: Happy Guest is web-based, avoiding the friction of requiring guests to download an app, which is a significant roadblock for user adoption. Event Participation: Happy Guest is involved in industry events, offering prizes and stays to encourage people to experience the platform firsthand at conferences. Ease of Use: The platform offers property managers the tools to simplify guest interactions without having to be constantly engaged, making it highly time-efficient. Happy Guest…
t
the no BS podcast

1 Introducing Villa Tracker: Bridging the Gap Between Travel Professionals and Vacation Rentals with Moriya Rockman 30:54
We're excited to announce the launch of Villa Tracker OTA, a pioneering platform connecting the vacation rental industry with traditional travel agencies. Our good friend Moriya Rockman, founder of Smiling House and Villa Tracker, joins us to discuss the platform's vision, its impact on the industry, and its partnership with Guesty. Moriaya shares her journey, the challenges faced in creating an OTA, and the potential for new bookings, sustainability, and innovation within the short-term rental sector. The episode highlights the collaborative spirit of the industry, the importance of trust and high standards, and the exciting future of integrated travel planning. Episode Highlights: Villa Tracker Overview: Villa Tracker is a new OTA that connects the vacation rental industry with traditional travel agencies, bridging a gap that has existed since the inception of platforms like Airbnb. History and Need: The vacation rental industry has traditionally excluded third-party professionals like travel agents. Villa Tracker seeks to integrate these professionals into the booking process, offering a B2B2C model. Target Audience Expansion: Villa Tracker aims to serve not just high-budget clients but also travelers who are looking for unique accommodations, including city apartments and luxury villas, with the help of their trusted travel agents. COVID-19 as a Catalyst: The demand for private accommodations during COVID-19 highlighted the need for vacation rentals in the travel industry, inspiring the creation of Villa Tracker. Challenges and Vision: Creating Villa Tracker required overcoming significant technical and trust-building difficulties, but the platform is poised to open new opportunities for property managers and travel agents alike. Partnership with Guesty: Villa Tracker's partnership with Guesty, a leading PMS, was critical in meeting high industry standards and launching the platform. Moriya's Journey: Moriya shares her story from managing a small property in Switzerland to creating a groundbreaking platform, emphasizing the importance of innovation and collaboration in the industry. Industry Collaboration: The podcast highlights the collaborative nature of the vacation rental industry, where professionals push each other to innovate and grow, benefiting the industry as a whole.…
t
the no BS podcast

In this episode, we delve into the current challenges facing the short-term rental industry in Barcelona with friend and colleague Jaume Barberena. Jaume, a Catalan and industry expert Director at Bizflats, provides an in-depth look at the new regulations set to take effect in Barcelona and the current and potential impact on the industry. This episode goes DEEP and one you do not want to miss! Episode Highlights: Early Challenges: Jaume discusses the greenfield nature of the STR market in Barcelona at the time, highlighting the lack of existing frameworks and the challenges of educating property owners about the benefits of short-term rentals. Professionalization of STRs: Jaume explains how Barcelona's STR industry has always been highly professionalized, with early efforts to establish a unified voice through the founding of Apartur, an industry association. Airbnb’s Impact: The conversation shifts to how Airbnb's entry into the market in 2010 significantly lowered the barrier to entry, leading to an influx of non-professional hosts and a shift in public perception of STRs. Regulatory Environment: Jaume describes how the proliferation of STRs led to increasing pushback from local communities, HOAs, and eventually, the government, culminating in a negative image of the industry. Recent Developments: The discussion turns to the recent news of a potential ban on foreign STR licenses in Barcelona by 2028. Jaume clarifies that this stems from a regional government decree that requires local authorities to create new STR regulations within five years. Future Outlook: The episode concludes with a discussion on the importance of continued mobilization and education efforts within the industry to influence local regulations and ensure the future of STRs in Barcelona. Lobby Influence: Jaume suspects deep-pocketed hotel and construction lobbies influencing politicians in Barcelona, pushing for legislation that favors large hotels over short-term rentals. Rhetoric Escalation: The anti-STR stance in Barcelona has intensified, culminating in the mayor's proposal to ban all STRs while simultaneously suggesting the construction of 5,000 new hotel rooms. Tourism Appeal: Barcelona's year-round attractiveness and suitability for families make it a popular destination, with STRs offering better value and experiences than hotels, a trend Jaume believes will continue despite regulatory pressures. Impact of STR Bans: Jaume warns that removing a significant portion of STR capacity could lead to skyrocketing hotel rates, similar to what happened in New York. Illegality and Hospitality: John discusses how restrictive laws in New York have led to increased rates, illegal activities, and difficulties for travelers, which undermines the hospitality industry’s goal of being welcoming and accessible. Community Organization: The crisis has united the STR community in Barcelona, with ApartTour's membership growing significantly. Jaume emphasizes the importance of collective action and grassroots advocacy. Legal Action: ApartTour is taking legal steps, including a lawsuit for unconstitutionality and individual claims for damages, to challenge the new regulations. Local Business Impact: Jaume highlights how STRs positively impact local businesses, even in non-tourist areas, by bringing in foreign customers, which is often overlooked by anti-STR rhetoric. Tourism Phobia: The episode touches on the concentrated nature of tourism in specific areas leading to over-tourism and how this fuels anti-tourism sentiments, with calls for more nuanced, neighborhood-specific solutions. Call for Advocacy: Jaume and the hosts encourage listeners to start or join advocacy groups in their communities to ensure STRs are represented in regulatory discussions and not unfairly targeted. Partnership Over Conflict: Mateo emphasizes the need for STR operators to engage with communities as partners rather than adversaries, aiming for constructive dialogue and mutual benefit. Respectability and Recognition: Jaume's ultimate goal is to gain respectability for the STR industry, ensuring it is recognized as a legitimate and valuable part of the community.…
Mateo welcomes AI expert Nick Mote to discuss the transformative potential of multimodal AI in the hospitality industry. From understanding how AI can now interpret and process multiple types of inputs to its practical applications in vacation rentals, Nick sheds light on the current and future landscape of AI technology Episode Highlights: Introduction to Multimodal AI: Nick explains the concept of multimodal AI, which can process various inputs like text, images, and soon videos, to generate more contextual outputs, enhancing AI capabilities beyond traditional text-based models. Impact on Hospitality: Discussion on how multimodal AI is already changing the vacation rental industry, including improved image captioning and enhanced marketing descriptions. Future Applications: Exploration of potential future uses, such as AI-powered guest interactions and maintenance support by analyzing guest-uploaded photos. Technology Adoption: Nick and Mateo discuss the implications for tech innovators and how multimodal AI can revolutionize guest experiences, making interactions more intuitive and efficient. Integration Challenges: Addressing the industry's resource constraints, Nick talks about how AI can aid in development and improve efficiency across various business functions. Developer Assistance: AI as a tool for developers to write better code and for marketing teams to optimize their efforts, highlighting the broad adoption potential within organizations. Practical Business Applications: Strategies for businesses to integrate AI into their operations, including partnering with third-party providers and using off-the-shelf AI products. We invite listeners to share their thoughts on how AI is impacting their business and any additional angles or applications we might have missed..…
Original articles or posts Skift: Guesty, Short-Term Rental Software Provider, Acquires Rentals United https://shorturl.at/fINQW PhocusWire: Guesty Acquires Rentals United https://shorturl.at/dSTW3 Hotel Technology News: Guesty Acquires Rentals United to Expand Its Property Management Platform Capabilities in the Short Term Rental Market https://shorturl.at/chR25 Short Term Rentalz: Guesty makes Rentals United fifth acquisition since 2022 https://shorturl.at/tJMP6 Tagging: Rentals United Guesty TravelNet Solutions Lynnbrook Group Inhabit ICND Is there an article or social post you'd like us to respond to on the no BS Daily Dose?? If so, please fill out this Google form- https://docs.google.com/forms/d/1EoiHZ5PvtsTqDqvZDrhDWvrkDGPJcTVrhioaPO0S4nY/edit…
John and Mateo dive into a candid conversation about the current landscape of short-term rental (STR) conferences, focusing on the recent VRMA Spring Forum. They discuss the challenges faced by both vendors and property managers, analyze the ROI (Return on Investment) metrics, and explore potential solutions to enhance the value of industry conferences. With insights from their own experiences and observations, they emphasize the importance of adaptability, inclusivity, and innovation in shaping the future of STR conferences. Join them as they share their thoughts, opinions, and hopes for the industry's most significant events. Episode Highlights: Discussing the ROI metrics for conferences, they emphasize the importance of tangible outcomes and sustained relationships post-event. ohn shares Direct's decision to not attend the VRMA Spring Forum based on past experiences and ROI analysis. Mateo raises questions about the inclusivity and relevance of major conferences like VRMA for all segments of the STR community. The conversation evolves to address the changing landscape of industry conferences, including the rise of smaller, more intimate events. They explore potential format changes for VRMA conferences and highlight the need for creativity and adaptability. John acknowledges the innovative efforts of industry leaders like Tyann Marcink Hammond with Touch Stay and Madison Rifkin CEO of Mount in reshaping the conference experience. Closing the episode, they express optimism for the future of STR conferences, their support of VRMA, and encourage listeners to share their feedback and ideas. Episode Sponsor - Direct Deciding which property management software to use isn’t easy. Direct encourages everyone to demo a few options and see which is best for you now and for your growth. If you’re a host or property manager who is unhappy, it's a great time to talk with Direct! Direct is built on a modern framework that's intuitive and seamlessly integrates operations, distribution, connectivity, accounting, and engagement tools all within the software. Head to info.directsoftware.com/nobs and book a demo with John and receive $500 towards implementation costs. Direct wants to be part of the conversation.…
Original article or post - Skift - Expedia Is Considering Ways to Introduce Sponsored Listings on Vrbo https://skift.com/2024/04/09/expedia-is-considering-ways-to-introduce-sponsored-listings-on-vrbo/By Dennis Schaal Tagging: Dennis Schaal , Rob Torres , Amiad Soto , Guesty VRBO Is there an article or social post you'd like us to respond to on the no BS Daily Dose?? If so, please fill out this Google form- https://docs.google.com/forms/d/1EoiHZ5PvtsTqDqvZDrhDWvrkDGPJcTVrhioaPO0S4nY/edit…
t
the no BS podcast

1 Methodically Running a STR Business While Helping to Raise the Bar in Quebec with John Papaconstantinou 47:38
Mateo and John continue to delve into the world of short-term rentals in Canada. Joined by guest John Papaconstantinou of Papa's Getaways, they discuss the unique opportunities and challenges of the Canadian vacation rental market and John's journey into the industry. This episode features engaging discussions on industry dynamics, personal experiences, and strategic approaches to business. John Papa's journey serves as inspiration for aspiring entrepreneurs looking to navigate the evolving landscape of short-term rentals. Episode Highlights: Everyone expresses excitement for their upcoming participation in the CanStay Short-term Rental conference in Banff. John Papa shares his journey into the short-term rental space, inspired by real estate investing podcasts and his desire to transition from his nine-to-five job. The appeal of short-term rentals in Magog, Quebec, emphasizes the region's four-season attractions and strategic occupancy goals. Acknowledgment of the immersive nature of their work and the occasional need to balance business discussions with personal time. John Papa highlights the importance of mutual trust and understanding in his partnership with his wife emphasizing how their complementary strengths allow them to efficiently tackle various aspects of property management without getting in each other's way. The conversation explores the nuances of the Canadian short-term rental market, including regulatory considerations and seasonal booking strategies. Discuss insights into the collaborative nature of the industry and the potential for growth and innovation. Mateo and John Papa explore the transition from traditional financial services to the dynamic world of short-term rentals, emphasizing the need for adaptability and continuous learning. Expanding the Business Horizon: With aspirations to scale Papa's Getaways, John Papa envisions offering comprehensive services to property owners, from pre-approval assistance to property management, aiming to facilitate second home ownership while maximizing rental income. Addressing Financing Challenges: John Papa acknowledges the challenges in financing second home purchases and emphasizes the importance of accessibility and affordability in making property ownership more attainable for prospective buyers. Mateo and John discuss the challenge of changing perceptions around short-term rental investments, particularly for homeowners looking to leverage their second homes for rental income. Navigating Regulations and Challenges: The conversation shifts to the regulatory landscape and the challenges hosts and property managers face, particularly in areas with strict regulations. Addressing Cultural and Language Barriers: John highlights the language divide in Quebec and the need for greater bilingual communication and understanding in the industry and proposes ideas for bridging this gap, including bilingual podcasts and initiatives to promote language learning and cultural exchange. Upcoming Events and Advocacy Opportunities: The upcoming CanStays Rental Alliance conference will provide a platform for industry professionals to engage with policymakers and advocate for fair regulations. Interested in checking out the Canstays Conference? Use Coupon Code Direct100 for $100 off when buying your tickets for the CanStays Rental Alliance Conference https://www.canstaysrentalalliance.com/tickets/ Episode Sponsor - Turno Property Management and Hosting is Hard. Cleaning Doesn’t Have to Be. Get Competitive Cleaning Bids on Turno’s Cleaner Marketplace Compare prices and services from vetted STR cleaners in your area and easily manage all your turnovers in one place the no BS podcast Listeners: $150 Offer for New Turno Users Complete your first turnover with a Turno Marketplace Cleaner by 3/31/2024. and receive a $150 Amazon gift card from Turno! visit: https://turno.com/nobs…
Today we're diving into the regulatory challenges faced by short-term rental hosts, particularly in British Columbia, Canada. Our guest, Deana Steele founder of Keys To Kelowna, a limited edition luxury vacation homes & rental management company joins us in conversation. Deana sheds light and shares her insights into navigating BC's business and regulatory landscapes and enlightens us on the newest developments that have impacted the short-term rental industry up North. Get ready for an insightful no BS conversation you won't want to miss! Episode Highlights: Continued Regulatory Challenges in Canada: Canada faced significant regulatory hurdles during the COVID-19 pandemic, leading to a period of uncertainty and constraints for short-term rental hosts. The Need for Proactive Engagement: Mateo emphasizes the importance of positioning oneself as a professional ally in regulatory discussions rather than adopting a confrontational approach. Building partnerships and advocating for responsible hosting can shift the narrative positively. Impact of Short-Term Rentals: Contrary to popular belief, short-term rentals are not solely responsible for housing shortages or increased rental costs. Studies, including one cited from the Harvard Business Review, reveal that the impact of short-term rentals on housing markets is relatively minor compared to other factors. Regulatory Impact on Homeowners: Homeowners in British Columbia express exhaustion and frustration due to stringent regulations affecting short-term rentals. Various initiatives, including foreign buyers bans and taxes, have not effectively addressed housing affordability issues, leading to disappointment among property investors. Economic Considerations: Deana shares insights into how regulatory changes have affected her business and the broader tourism ecosystem. Amidst challenges, she highlights the resilience of short-term rental hosts who have adapted through diversification and strategic planning. Enforcement and Future Prospects: Challenges in enforcing regulations are evident, with limited resources and varying levels of compliance. The impending May 1st deadline marks a critical juncture, with regulations set to significantly impact short-term rental operations. Potential Solutions and Advocacy: Discussions revolve around legal challenges, grassroots resistance, and potential changes in government policies.Calls for public-private partnerships and incentives to facilitate the transition from short-term to long-term rentals as viable solutions. Community Advocacy: Forming alliances and advocating for property rights are crucial strategies employed by short-term rental hosts to navigate regulatory landscapes. The discussion underscores the significance of storytelling and positive messaging in shaping public perception and policy decisions. The Role of Associations: Deana discusses the establishment of a property rights association aimed at challenging regulatory measures and promoting responsible short-term rental practices. The association serves as a unified voice for hosts in engaging with policymakers and the media. Navigating the regulatory landscape: Deana provides valuable insights into the challenges and opportunities within the industry, emphasizing the importance of advocacy and collaboration in shaping regulatory frameworks. Upcoming Events and Advocacy Opportunities: The upcoming CanStays Rental Alliance conference will provide a platform for industry professionals to engage with policymakers and advocate for fair regulations. Interested in checking out the Canstays Conference? Use Coupon Code Direct100 for $100 off when buying your tickets for the CanStays Rental Alliance Conference https://www.canstaysrentalalliance.com/tickets/ Episode Sponsor - Turno Property Management and Hosting is Hard. Cleaning Doesn’t Have to Be. Get Competitive Cleaning Bids on Turno’s Cleaner Marketplace Compare prices and services from vetted STR cleaners in your area and easily manage all your turnovers in one place the no BS podcast Listeners: $150 Offer for New Turno Users Complete your first turnover with a Turno Marketplace Cleaner by 3/31/2024. and receive a $150 Amazon gift card from Turno! visit: https://turno.com/nobs…
Ласкаво просимо до Player FM!
Player FM сканує Інтернет для отримання високоякісних подкастів, щоб ви могли насолоджуватися ними зараз. Це найкращий додаток для подкастів, який працює на Android, iPhone і веб-сторінці. Реєстрація для синхронізації підписок між пристроями.