After an unimaginable year, short-term rentals have gone mainstream with more and more consumers seeking out alternative accommodations over traditional hotel stays as they can offer limited human interaction and increased flexibility. In order to meet this surge in demand, property management companies will need to cater their properties to the changing needs of today’s travelers. That’s why we hosted a virtual event to share the benefits of managing varied inventory and how to capitalize on growing demand through portfolio diversification.
During the event, Paul Zukauskas, Guesty’s Regional VP of Customer Success, caught up with thought leaders from the global short-term rental space – including Alexandros Tyropolis, CEO at Novac Solutions; Andrew Lenjosek, CEO and Founder at Upstay; and Willy Chang, CEO Platforms and Investment at Marbella Lane – who have successfully diversified their business models in order to appeal to a wider traveler base and create new revenue streams.
Watch the full meetup below for their insights as well as the latest Guesty data on summer bookings!