How to Make It in Short-Term Rentals and 10 Other Top Hospitality Stories This Week
Photo Credit: Laurence "L.T." A. Tosi (left), WestCap founder and managing partner, speaks on stage at Skift Short-Term Rental Summit in New York City on December 5, 2019. Skift
Skift Take
This week in hospitality, a former Airbnb executive gives the lowdown on what it takes to make it in the short-term rental sector. Plus growth is on the horizon for the small but mighty hotel brand Soneva as two funds plan to invest in an expansion.
Hotel News Weekly Roundup
Throughout the week we post dozens of original stories, connecting the dots across the travel industry, and every weekend we sum it all up. This weekend roundup examines hotels. For all of our weekend roundups, go here.
What’ll It Take to Survive in Short-Term Rentals: Former Top Airbnb Exec: People may see short-term rentals as a good get-rich-quick scheme. But according to former Airbnb CFO Laurence Tosi, it's not a simple business. The most successful companies in the space, he said, are also the most sophisticated.
5 Smart Insights for the Short-Term Rental Industry: The short-term rental market is a long-term growth sector. Yet its dynamics are being upended as professional management becomes popular and online travel companies seek smarter ways to sell the lodging. Here are several takeaways from Skift's first event to focus on the sector's opportunities.
Sonder Puts Hilton and Marriott in Its Sights as It Moves Int
