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Hosted by jamie lane
29 episodes with jamie lane
2 episodes with jamie lane
2 episodes with jamie lane
2 episodes with jamie lane
2 episodes with jamie lane
2 episodes with jamie lane
3 episodes with jamie lane
In this episode of the STR Data Lab, Jamie Lane welcomes Michael O'Connell, founder of Happy Guest. Michael shares insights into the purpose and functionality of Happy Guest, a guest management system designed to streamline the check-in process for short-term rental properties while enhancing the overall guest experience. Happy Guest provides an all-in-one, web-based check-in solution that integrates with property management systems, allowing hosts to manage post-booking interactions seamlessly. The platform facilitates rental agreements, HOA forms, and upsells like early check-in and late checkout to generate ancillary revenue. Michael discusses the importance of user-friendly technology that doesn't require guests to download apps, making the check-in process smoother and more enjoyable. He explains how his team, consisting of experienced industry professionals, tested and refined the platform to ensure it provides maximum value and ease of use. Michael emphasizes the significance of personalization and flexible cancellations to improve guest loyalty and satisfaction. He also highlights the need for hosts to adopt new technologies that are more aligned with modern hosting demands, and offers insights into how automation can free up time for hosts to focus on delivering exceptional hospitality. The episode also touches on the development and features of Happy Guest, as well as the importance of great customer service in the short-term rental industry. Finally, Michael announces an upcoming virtual conference, Revenue Rehab, focused on revenue management strategies for hosts, which features notable industry CEOs and experts. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
On today's episode of Good Morning Hospitality, Wil Slickers, Michael Goldin, and Jamie Lane dig into a flurry of power plays and platform pivots across the travel and lodging landscape. First, we continue to unpack the growing tension around Airbnb's Experiences program, as the company is now facing allegations of poaching guides from rival platforms to grow its inventory. As Airbnb doubles down on being more than just a lodging company, competitors—and critics—are starting to push back. Meanwhile, hotels seem mostly unbothered by Airbnb's expansion into local tours and experiences… but should they be? Next, we look at a surprising move from PayPal, which is officially getting into hotel bookings. Powered by Selfbook, this integration inside PayPal's app marks yet another fintech giant stepping into travel—and raises questions about where (and how) people book next. Finally, we round out the episode with a deeper look at the OTA funnel and Google's evolving role in travel search. With Booking.com and Expedia Group locked in fierce bidding wars, and smaller players like Super.com and Bluepillow making noise, the guest journey from search to stay is more competitive than ever. As loyalty shifts, margins tighten, and platforms expand their reach, we break down what it all means for operators, owners, and the future of hospitality distribution. ---- Good Morning Hospitality is part of the Hospitality.FM Multi-Media Network and is a Hospitality.FM Original The hospitality industry is constantly growing, changing, and innovating! This podcast brings you the top news and topics from industry experts across different hospitality fields. Good Morning Hospitality publishes three thirty-minute weekly episodes: every Monday and Wednesday at 7 a.m. PST / 10 a.m. EST and every Tuesday at 8 a.m. CET for our European and UK-focused content. Make sure to tune in during our live show on our LinkedIn page or YouTube every week and join the conversation live! Explore everything Good Morning Hospitality has to offer: • Well & Good Morning Coffee: Enjoy our signature roast—order here! • Retreats: Join us at one of our exclusive retreats—learn more and register your interest here! • Episodes & More: Find all episodes and additional info at GoodMorningHospitality.com Thank you to all of the Hospitality.FM Partners that help make this show possible. If you have any press you want to be covered during the show, email us at goodmorning@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
On today's episode of Good Morning Hospitality, Wil Slickers, Michael Goldin, and Jamie Lane dig into a flurry of power plays and platform pivots across the travel and lodging landscape. First, we continue to unpack the growing tension around Airbnb's Experiences program, as the company is now facing allegations of poaching guides from rival platforms to grow its inventory. As Airbnb doubles down on being more than just a lodging company, competitors—and critics—are starting to push back. Meanwhile, hotels seem mostly unbothered by Airbnb's expansion into local tours and experiences… but should they be? Next, we look at a surprising move from PayPal, which is officially getting into hotel bookings. Powered by Selfbook, this integration inside PayPal's app marks yet another fintech giant stepping into travel—and raises questions about where (and how) people book next. Finally, we round out the episode with a deeper look at the OTA funnel and Google's evolving role in travel search. With Booking.com and Expedia Group locked in fierce bidding wars, and smaller players like Super.com and Bluepillow making noise, the guest journey from search to stay is more competitive than ever. As loyalty shifts, margins tighten, and platforms expand their reach, we break down what it all means for operators, owners, and the future of hospitality distribution. ---- Good Morning Hospitality is part of the Hospitality.FM Multi-Media Network and is a Hospitality.FM Original The hospitality industry is constantly growing, changing, and innovating! This podcast brings you the top news and topics from industry experts across different hospitality fields. Good Morning Hospitality publishes three thirty-minute weekly episodes: every Monday and Wednesday at 7 a.m. PST / 10 a.m. EST and every Tuesday at 8 a.m. CET for our European and UK-focused content. Make sure to tune in during our live show on our LinkedIn page or YouTube every week and join the conversation live! Explore everything Good Morning Hospitality has to offer: • Well & Good Morning Coffee: Enjoy our signature roast—order here! • Retreats: Join us at one of our exclusive retreats—learn more and register your interest here! • Episodes & More: Find all episodes and additional info at GoodMorningHospitality.com Thank you to all of the Hospitality.FM Partners that help make this show possible. If you have any press you want to be covered during the show, email us at goodmorning@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the STR Data Lab, Jamie Lane welcomes Alex Alioto, Head of Growth at Whimstay. They discuss the inception and growth of Whimstay, an OTA specializing in last-minute bookings for short-term rentals. Alex shares insights on how they fill unsold gap nights and create a win-win situation for both hosts and spontaneous travelers. The conversation delves into the challenges and strategies around booking windows, particularly the trend of shortening lead times due to economic uncertainties. Both emphasize the importance of having a diverse distribution strategy and dynamic pricing to capture various traveler segments. Alex highlights Whimstay's unique value proposition and discusses the impact of Gen Z and millennial travelers on the market. They also explore the rise in last-minute group travel and the significance of capturing next-gen travelers for long-term industry growth. Alex emphasizes the need for property managers to focus on direct bookings and maintaining high hospitality standards. Jamie and Alex agree on the importance of spreading demand across shoulder seasons to optimize occupancy and revenue. They conclude by discussing the marketing efforts Whimstay has undertaken to build its demand, including social media and targeted advertising. Alex urges hosts to think strategically about their listing platforms and dynamic pricing to maximize bookings. The episode wraps up with a call to action for property managers to list their properties on Whimstay and leverage its last-minute booking capabilities. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane sits down with Jodi Odlin, founder of Hospitable Hosts, a book series celebrating stories from the short-term rental industry. Jodi recently won the Rentalpreneur Award at the Shorty's and shares her journey from a hospitality background to becoming a successful short-term rental host. Hospitable Hosts is a trilogy featuring 40 authors in each book. These books aim to inspire and provide tips for new and experienced hosts by sharing their personal stories. During the conversation, Jodi emphasizes the importance of hospitality in the short-term rental business, contrasting it with property investment-driven approaches. She also discusses how she leverages AI to manage her 15 properties from Australia and maintain a personalized touch for her guests. Jodi offers practical tips like partnering with local businesses to enhance guest experiences and maintaining high levels of communication and cleanliness. Jamie and Jodi also touch on upcoming projects, such as the Hospitable Host Sisterhood and Couples Books, and a hospitality accreditation program. They agree on the need for industry standards to improve advocacy and professional recognition. Jodi concludes with a story illustrating that despite best efforts, not all guests can be pleased, underscoring the unpredictable nature of the business. The episode highlights the significance of community, hospitality, and adaptability in achieving success in the short-term rental industry. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane and Scott Sage discuss travel trends and the latest insights from the Airbnb summer release. Jamie shares his exciting Memorial Day plans, heading to North Carolina for his grandfather's 95th birthday and then to Litchfield Beach in South Carolina for a large family reunion. They discuss Memorial Day travel data, noting that occupancy rates are almost identical to last year but achieved through different trends. There's a weakness in budget and economic travel but strength in upscale travel, especially in coastal destinations. Jamie and Scott discuss the impact of economic volatility, including tariffs and stock market fluctuations, on travel bookings. They note a trend towards shorter booking windows and the challenges this poses for property managers. Jamie shares his experiences at the Airbnb summer release, highlighting Airbnb's new services aimed at competing with hotels. Both agree that while these services may not directly benefit hosts, they could grow the overall short-term rental market. April data showed a significant increase in demand, occupancy, and ADRs compared to March, attributed to the Easter shift. The discussion includes the impact of Canadian travelers and currency fluctuations on travel patterns. Domestic travel within the U.S. shows some pullback in overseas trips but remains robust. Jamie advises hosts to monitor year-over-year demand in their markets and adjust pricing strategies accordingly. The episode concludes with Jamie emphasizing the importance of understanding booking windows, length of stay, and property profiles to optimize performance. Scott and Jamie express optimism about summer bookings despite the challenges. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, is joined by Justin Ford, Director of Short-Term Rental Safety and Certifications Program at Breezeway. Justin shares insights into his role and the importance of safety in short-term rentals. Breezeway, a property care and operations platform, supports professionalism and safety in the industry. Ford explains the primary goal of using Breezeway for safety inspections, elevating standards, fostering community awareness, and aiding government efforts in inspections. He emphasizes the significance of safety standards and offers practical tips for property owners to ensure guest safety, including slip and fall prevention, furniture tip-over protection, and poison control. Ford recounts his background in the Coast Guard and as a firefighter, which shaped his expertise in safety. He discusses the need for safety regulations and the potential for federal or state-level laws to enhance safety standards in short-term rentals. Ford also addresses the misconception that insurance alone is sufficient, highlighting the importance of proactive safety measures to prevent negligence claims. He shares stories of hosts using safety as a marketing point to attract more cautious travelers. Overall, this episode underlines the necessity of prioritizing safety in short-term rentals for guest protection and long-term property investment. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
Fresh off his exclusive interview with Airbnb CFO Ellie Mertz, Jamie Lane joins Wil Slickers, Michael Goldin, and Brandreth Canaley to unpack Airbnb's pivot toward services, experiences, and a more social platform future. We dive into what this means for hosts and operators—and how Expedia Group's latest moves in AI, advertising, and B2B at Explore 2025 signal a broader battle for the future of trip planning. Plus, a quick shoutout to Moving Mountains and Robin Craigen on their exciting new chapter with StayTerra! ---- Good Morning Hospitality is part of the Hospitality.FM Multi-Media Network and is a Hospitality.FM Original The hospitality industry is constantly growing, changing, and innovating! This podcast brings you the top news and topics from industry experts across different hospitality fields. Good Morning Hospitality publishes three thirty-minute weekly episodes: every Monday and Wednesday at 7 a.m. PST / 10 a.m. EST and every Tuesday at 8 a.m. CET for our European and UK-focused content. Make sure to tune in during our live show on our LinkedIn page or YouTube every week and join the conversation live! Explore everything Good Morning Hospitality has to offer: • Well & Good Morning Coffee: Enjoy our signature roast—order here! • Retreats: Join us at one of our exclusive retreats—learn more and register your interest here! • Episodes & More: Find all episodes and additional info at GoodMorningHospitality.com Thank you to all of the Hospitality.FM Partners that help make this show possible. If you have any press you want to be covered during the show, email us at goodmorning@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
Fresh off his exclusive interview with Airbnb CFO Ellie Mertz, Jamie Lane joins Wil Slickers, Michael Goldin, and Brandreth Canaley to unpack Airbnb's pivot toward services, experiences, and a more social platform future. We dive into what this means for hosts and operators—and how Expedia Group's latest moves in AI, advertising, and B2B at Explore 2025 signal a broader battle for the future of trip planning. Plus, a quick shoutout to Moving Mountains and Robin Craigen on their exciting new chapter with StayTerra! ---- Good Morning Hospitality is part of the Hospitality.FM Multi-Media Network and is a Hospitality.FM Original The hospitality industry is constantly growing, changing, and innovating! This podcast brings you the top news and topics from industry experts across different hospitality fields. Good Morning Hospitality publishes three thirty-minute weekly episodes: every Monday and Wednesday at 7 a.m. PST / 10 a.m. EST and every Tuesday at 8 a.m. CET for our European and UK-focused content. Make sure to tune in during our live show on our LinkedIn page or YouTube every week and join the conversation live! Explore everything Good Morning Hospitality has to offer: • Well & Good Morning Coffee: Enjoy our signature roast—order here! • Retreats: Join us at one of our exclusive retreats—learn more and register your interest here! • Episodes & More: Find all episodes and additional info at GoodMorningHospitality.com Thank you to all of the Hospitality.FM Partners that help make this show possible. If you have any press you want to be covered during the show, email us at goodmorning@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, speaks with Julie Marks, founder and executive director of the Vermont Short-Term Rental Alliance (VTSTRA). They delve into the significance of short-term rental regulations and advocacy. Julie shares her journey into short-term rental management and advocacy, which began when her local government considered shutting down vacation rentals. With no prior political experience, Julie realized she needed to get involved to protect her business and the industry. They discuss how regulations can impact short-term rental performance and investments, emphasizing the necessity for hosts to actively participate in shaping these regulations. Julie recounts her efforts in organizing the VTSTRA, starting with an opinion piece and building a website to rally support. They discuss the diverse community within the vacation rental industry, including professional managers, individual hosts, house cleaners, and other service providers. Julie highlights the importance of collaboration and breaking down competition to strengthen the industry. Julie's advocacy extends to national efforts, including her involvement with VRMA's Government Affairs Council and the Right to Rent Collaborative. She underscores the need for sustainable associations at local, state, and national levels to ensure the long-term success of the industry. Julie encourages others to get involved in advocacy, whether through financial contributions or active participation, to collectively make a significant impact. They conclude by discussing the balance between advocacy, personal life, and the importance of community support. Julie's contact information and resources for getting involved are also provided. You don't want to miss this episode! ~~~~ https://vtstra.org/ ~~~~ Signup for AirDNA for FREE
Send us a message!Is the short-term rental industry on the edge of a travel recession, or just entering a new phase of normalization?In this episode of Alex & Annie: The Real Women of Vacation Rentals, AirDNA's Chief Economist Jamie Lane joins us to explain what the data is revealing about the 2025 market. With demand softening among budget travelers, international bookings pulling back, and economic uncertainty on the rise, Jamie helps make sense of the mixed signals facing STR professionals today.Jamie also shares how AirDNA is evolving to better support property managers in this climate, with new tools, smarter comps, and deeper forecasting capabilities. Whether you're adjusting pricing strategies, watching booking windows shrink, or wondering what's next for growth, this conversation provides the clarity and context you need.Key Topics Discussed:1️⃣ Are we in a travel recession? Early signals from airline and STR data2️⃣ Why summer 2025 bookings are slower, especially in budget and urban segments3️⃣ Hotels gaining share in cities as STR growth is restricted by regulation4️⃣ Supply growth slows across most markets and what that means for operators5️⃣ Signs of guests trading down, shortening trips, and delaying decisions6️⃣ The impact of fewer Canadian and European travelers this year7️⃣ Airbnb's urban inventory problem and the increasing presence of hotels on OTAsJamie also shares his outlook for the rest of 2025 and why, despite current challenges, the long-term growth of short-term rentals remains strong.Connect with Jamie:LinkedIn: https://www.linkedin.com/in/jamiehlane/Mention "Alex & Annie" when you sign up with Boom to get 50% off your onboarding fee and 1 month FREE: https://www.boomnow.com/#vacationrentals #travelrecession #shorttermrentals
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, is joined by Kerri Gibson, the CEO and co-founder of Chalets Hygge. Carrie shares the story behind the unique name of her company, which is inspired by the Danish concept of 'hygge,' emphasizing joy and contentment in life's simple moments. Kerri discusses the accidental start of her short-term rental business in 2017 and how it quickly grew from one to six properties. She explains how her CPA background helped her in the analytical and creative aspects of property management. Kerri also highlights the importance of location and operational efficiencies in scaling her business. The conversation transitions into her recent venture into running a 17-room motel, noting the operational differences and new challenges. Kerri touches on the importance of providing unique guest experiences and the decision to maintain an investor mindset while ensuring high operational standards. The discussion includes insights on managing teams, scaling thoughtfully, and leveraging technology and direct booking strategies. Kerri concludes by sharing her long-term vision and the potential for future expansions, emphasizing the blend of investment and hospitality principles that drive her success. Those interested in following her journey can connect through her Instagram accounts and LinkedIn. You don't want to miss this episode! ~~~~ https://www.linkedin.com/in/kerri-gibson-cpa/?originalSubdomain=ca ~~~~ Signup for AirDNA for FREE
THE STR GAME HAS CHANGED AND THE DATA PROVES IT.AirDNA's Chief Economist Jamie Lane joins the show to break down what's actually happening behind the scenes in the short-term rental market......and why most hosts are missing the shift.Inside this episode:The real story behind occupancy, rates, and guest demand in 2024Why “big box” managers are losing properties fastThe key numbers top investors are watching (and how to use them)How AirDNA's new tools are reshaping STR deal analysisThe warning signs for hosts scaling past 50 units and what breaks firstWhy small, well-managed portfolios are quietly outperforming everyoneYou'll also hear how Jamie's team is using AI and custom comps to bring never-before-seen clarity to STR investing......and what you can do to stay ahead.Listen now to future-proof your portfolio before the data leaves you behind.03:30 – Supply Shock: Why New STR Listings Are Surging Nationwide07:00 – Booking Behavior: How Travelers Are Changing Their Habits10:00 – Revenue Realities: The Decline in ADR and Occupancy Rates13:30 – Market Saturation: Top Cities Facing Over-Supply Pressures17:00 – Strategic Advantage: How to Win in Competitive Markets21:00 – Data-Backed Decisions: Using AirDNA to Stay Ahead24:00 – The Investor Shift: From Arbitrage to Ownership Models27:00 – Resilience & Risk: Preparing for Softening Demand Cycles30:00 – Long-Term Outlook: What Smart Operators Are Doing NextGuest Bio:Jamie Lane is Vice President of Research for AirDNA, a short-term rental data & analytics company. He is responsible for data analysis, thought leadership, and leveraging advanced analytical techniques to provide new insights into short-term rental supply, demand, and pricing trends. He has been published in academic and professional journals and regularly speaks at lodging industry forums.Prior to AirDNA, Jamie spent 10 years as an economist at CBRE, leading research, forecasting and data intelligence teams to support client analysis. Mr. Lane is an active member of the National Association of Business Economists and the Atlanta Economics Club. Jamie holds a B.S. in Economics from the University of Georgia and an M.S. in Business Economics from Georgia State University.Guest Link:https://www.linkedin.com/in/jamiehlaneGet FREE Access to our Community and Weekly Trainings:https://group.strsecrets.com
In this episode of Good Morning Hospitality, Wil Slickers, Brandreth Canaley, Michael Goldin, and Jamie Lane break down Airbnb's Q1 2025 results, highlighting slowing growth in the U.S. and a surge in international markets. The team covers the shift in nights and experiences booked, record-high ADRs, and what CEO Brian Chesky means when he says Airbnb is nearing the "end of the beginning." We also unpack the key takeaways from Booking Holdings (NASDAQ: BKNG) and Expedia Group's Q1 earnings—what their results say about the state of online travel, how each platform is investing in AI, and where they're pulling back. Plus, we explore the macro trends driving travel this summer and why all three OTAs are bracing for softer U.S. demand. This one's packed with insights for operators, investors, and tech vendors across travel and hospitality. ---- Good Morning Hospitality is part of the Hospitality.FM Multi-Media Network and is a Hospitality.FM Original The hospitality industry is constantly growing, changing, and innovating! This podcast brings you the top news and topics from industry experts across different hospitality fields. Good Morning Hospitality publishes three thirty-minute weekly episodes: every Monday and Wednesday at 7 a.m. PST / 10 a.m. EST and every Tuesday at 8 a.m. CET for our European and UK-focused content. Make sure to tune in during our live show on our LinkedIn page or YouTube every week and join the conversation live! Explore everything Good Morning Hospitality has to offer: • Well & Good Morning Coffee: Enjoy our signature roast—order here! • Retreats: Join us at one of our exclusive retreats—learn more and register your interest here! • Episodes & More: Find all episodes and additional info at GoodMorningHospitality.com Thank you to all of the Hospitality.FM Partners that help make this show possible. If you have any press you want to be covered during the show, email us at goodmorning@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
THE STR GAME HAS CHANGED AND THE DATA PROVES IT.AirDNA's Chief Economist Jamie Lane joins the show to break down what's actually happening behind the scenes in the short-term rental market......and why most hosts are missing the shift.Inside this episode:The real story behind occupancy, rates, and guest demand in 2024Why “big box” managers are losing properties fastThe key numbers top investors are watching (and how to use them)How AirDNA's new tools are reshaping STR deal analysisThe warning signs for hosts scaling past 50 units and what breaks firstWhy small, well-managed portfolios are quietly outperforming everyoneYou'll also hear how Jamie's team is using AI and custom comps to bring never-before-seen clarity to STR investing......and what you can do to stay ahead.Listen now to future-proof your portfolio before the data leaves you behind.03:30 – Supply Shock: Why New STR Listings Are Surging Nationwide07:00 – Booking Behavior: How Travelers Are Changing Their Habits10:00 – Revenue Realities: The Decline in ADR and Occupancy Rates13:30 – Market Saturation: Top Cities Facing Over-Supply Pressures17:00 – Strategic Advantage: How to Win in Competitive Markets21:00 – Data-Backed Decisions: Using AirDNA to Stay Ahead24:00 – The Investor Shift: From Arbitrage to Ownership Models27:00 – Resilience & Risk: Preparing for Softening Demand Cycles30:00 – Long-Term Outlook: What Smart Operators Are Doing NextGuest Bio:Jamie Lane is Vice President of Research for AirDNA, a short-term rental data & analytics company. He is responsible for data analysis, thought leadership, and leveraging advanced analytical techniques to provide new insights into short-term rental supply, demand, and pricing trends. He has been published in academic and professional journals and regularly speaks at lodging industry forums.Prior to AirDNA, Jamie spent 10 years as an economist at CBRE, leading research, forecasting and data intelligence teams to support client analysis. Mr. Lane is an active member of the National Association of Business Economists and the Atlanta Economics Club. Jamie holds a B.S. in Economics from the University of Georgia and an M.S. in Business Economics from Georgia State University.Guest Link:https://www.linkedin.com/in/jamiehlaneGet FREE Access to our Community and Weekly Trainings:https://group.strsecrets.com
In this episode of Good Morning Hospitality, Wil Slickers, Brandreth Canaley, Michael Goldin, and Jamie Lane break down Airbnb's Q1 2025 results, highlighting slowing growth in the U.S. and a surge in international markets. The team covers the shift in nights and experiences booked, record-high ADRs, and what CEO Brian Chesky means when he says Airbnb is nearing the "end of the beginning." We also unpack the key takeaways from Booking Holdings (NASDAQ: BKNG) and Expedia Group's Q1 earnings—what their results say about the state of online travel, how each platform is investing in AI, and where they're pulling back. Plus, we explore the macro trends driving travel this summer and why all three OTAs are bracing for softer U.S. demand. This one's packed with insights for operators, investors, and tech vendors across travel and hospitality. ---- Good Morning Hospitality is part of the Hospitality.FM Multi-Media Network and is a Hospitality.FM Original The hospitality industry is constantly growing, changing, and innovating! This podcast brings you the top news and topics from industry experts across different hospitality fields. Good Morning Hospitality publishes three thirty-minute weekly episodes: every Monday and Wednesday at 7 a.m. PST / 10 a.m. EST and every Tuesday at 8 a.m. CET for our European and UK-focused content. Make sure to tune in during our live show on our LinkedIn page or YouTube every week and join the conversation live! Explore everything Good Morning Hospitality has to offer: • Well & Good Morning Coffee: Enjoy our signature roast—order here! • Retreats: Join us at one of our exclusive retreats—learn more and register your interest here! • Episodes & More: Find all episodes and additional info at GoodMorningHospitality.com Thank you to all of the Hospitality.FM Partners that help make this show possible. If you have any press you want to be covered during the show, email us at goodmorning@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, is joined by Rebecca Lombardo, a fractional CMO and marketing strategist. Jamie and Rebecca discuss the meaning of a fractional CMO and its role in the vacation rental industry. Rebecca shares her journey into the vacation rental space, starting as a CMO at True Place, a company specializing in photography and virtual tours for vacation rentals. The conversation covers the difference between listing and marketing a property, including the importance of understanding your audience through market research. Rebecca explains how to generate demand by tailoring marketing efforts to resonate with guests and homeowners, rather than relying solely on platforms like Airbnb or VRBO. She emphasizes the value of data in determining where to focus marketing efforts, such as social media demographics and email engagement. The episode also touches on measuring the success of marketing strategies through various funnel stages, from initial engagement to conversions. Rebecca advises hosts on the initial steps for developing a marketing strategy and highlights the significance of identifying and targeting a niche audience. The importance of building a brand that stands out in a crowded market is discussed, including the potential to attract both guests and homeowners. Jamie and Rebecca also explore strategies for owner acquisition, particularly within specific communities, and the advantages of organic growth through word-of-mouth. During times of economic uncertainty, Rebecca stresses the importance of maintaining marketing efforts to capitalize on future opportunities. The discussion includes insights on organic and paid social marketing, as well as the benefits of investing in marketing during downturns. Finally, Rebecca provides her perspectives on engaging in effective marketing and adapting to changing market conditions. You don't want to miss this episode! ~~~~ https://www.linkedin.com/in/rebeccabredholt/ ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, is joined by Bram Gallagher, Director of Forecasting at AirDNA. The duo discusses several pressing topics within the short-term rental industry and broader economic indicators. They begin by reviewing March performance and early April trends, noting a mixed story influenced heavily by recent tariff announcements. Despite a challenging 2023, 2024 saw positive momentum, particularly in mountain resorts benefiting from good snowfall. However, March presented a slight decline in demand growth and occupancy rates, partly due to a calendar shift with spring break and Easter moving to April. Urban markets saw significant new listings, leading to a notable increase in supply, especially in cities like Jersey City and Newark, following New York's short-term rental regulations. Interest rates, inflation, and consumer confidence are discussed in depth. Bram notes a hesitant stance from the Fed to lower interest rates due to inflationary pressures. Employment remains strong, but consumer confidence and business sentiment have declined. The discussion also touches on the impact of exchange rates on international travel, with Americans potentially favoring domestic destinations due to a weaker dollar against the Euro. Further, summer travel pacing shows positive trends in traditional vacation rental markets but sluggish demand in urban and suburban areas. Lastly, the episode delves into price evolution, with March showing smaller increases in average daily rates (ADRs) compared to January and February, highlighting affordability concerns amid economic uncertainties. Bram concludes with a look ahead, emphasizing the importance of monitoring layoffs and wage inflation as critical indicators for the economic outlook. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane is joined by John An, founder of TechTape. The two share insights into navigating today's volatile travel market. Jamie highlighted that 2024 is shaping up to be a more challenging year, with signs of softening demand in several U.S. markets. He pointed to Washington, D.C. as a key example, where government-related travel is slowing due to federal budget tightening. John emphasized that revenue management today is more about feel and adaptability than relying solely on hard data. He compared it to driving—requiring constant micro-adjustments rather than abrupt turns. Jamie supported this idea, adding that operators who watch their pacing, ADR, and occupancy weekly or even daily are the ones staying ahead. John mentioned that too many small operators still use a “set it and forget it” approach to pricing, which is risky in the current environment. He explained that intuition should be paired with data to make smart, timely decisions. Jamie echoed that sentiment, noting that even in tough markets, success is possible with active monitoring and responsiveness. John said the best operators act like football coaches—adjusting their strategy based on how the “game” (market) is playing out, not just on a pre-written playbook. Both speakers agreed that frequent check-ins—weekly or bi-weekly—on business performance are critical. John stressed that there's no one-size-fits-all model, and pricing strategies need to be fluid. Jamie added that being proactive instead of reactive is a key differentiator right now. They concluded that the combination of consistent data review and strategic intuition is what separates good operators from great ones. Ultimately, staying close to the numbers while understanding the story behind them is the best path forward. You don't want to miss this episode! ~~~~ www.https://www.gettechtape.com/ ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, chats with Bill Faeth, founder of Build Short-Term Rental Wealth and a 30-year real estate investor. Bill shares his journey into short-term rentals, which began in 2015 after a convincing conversation with an electrician friend. He describes transition from traditional real estate to short-term rentals by purchasing his first property in Gulf Shores, Alabama. Bill provides insights into his investment strategy, influenced by the Pumpkin Plan book, and breaks down his unique approach to creating 'super properties.' He explains that successful investments rely on leveraging unique attributes like views, proximities, and amenities—elements that make properties stand out in specific markets. Bill emphasizes the importance of patience and the ability to hold out for ideal investments, rather than compromising on less optimal properties. The dialogue extends into financial advice, indicating that now, amidst market volatility, is a prime time for confident investors to make strategic buys, provided they understand both the cash flow potentials and potential depreciation of their purchases. The conversation also delves into identifying markets that others may overlook, leveraging various data points to mitigate risks and maximize returns. Bill discusses the significance of outdoor enhancements and views, over just the property's internal features, to substantially boost earnings. He advises listeners on practical approaches like employing multiple data tools, grading properties strategically, and capitalizing on off-market opportunities to ensure investments align with long-term goals. The episode underscores the importance of thinking beyond conventional strategies by using comprehensive data and innovative planning for generating superior returns in short-term rental investments. You don't want to miss this episode! ~~~~ https://go.buildstrwealth.com/superpropertygrader https://www.instagram.com/billfaeth73/ ~~~~ Signup for AirDNA for FREE
In this episode, Jamie Lane, Chief Economist at AirDNA, reveals how data provides crucial early warnings for broader trends—and what hospitality professionals can do about it.What you'll learn in this episode:How hospitality's approach to data has shifted—from historical analysis to predictive insights.Why short-term rental bookings provide an early glimpse into hotel demand.The connection between short-term rentals and hotel markets.What niche short-term rental growth signals for hospitality investors.How economic uncertainty impacts consumer booking behavior and spending.The critical influence of the "wealth effect" on travelers' decisions.Practical ways to leverage data for operational agility and better decision-making in uncertain times.Resources mentioned:AirDNA Market InsightsJamie's STR Data Lab PodcastEconomic Policy Uncertainty IndexIf you liked this, you may also like:Control What You Can: How Top Hoteliers Are Navigating Chaos in 2025 (Hunter Hotel Investment Conference Insights)Why Real-Time Operations Will Define Success in Hospitality - Josiah Mackenzie & Wil Slickers A few more resources: If you're new to Hospitality Daily, start here. You can send me a message here with questions, comments, or guest suggestions If you want to get my summary and actionable insights from each episode delivered to your inbox each day, subscribe here for free. Follow Hospitality Daily and join the conversation on YouTube, LinkedIn, and Instagram. If you want to advertise on Hospitality Daily, here are the ways we can work together. If you found this episode interesting or helpful, send it to someone on your team so you can turn the ideas into action and benefit your business and the people you serve! Music for this show is produced by Clay Bassford of Bespoke Sound: Music Identity Design for Hospitality Brands
In this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, is joined by Andrew Keller, a short-term rental photographer and founder of ISOneedphotos. Andrew shares the importance of professional photography for short-term rentals, emphasizing how it can significantly improve booking rates. He outlines his journey into photography, starting from a young age and transitioning into short-term rental photography around December 2020. Andrew highlights the common mistakes property owners make by using amateur photographs, noting that lack of professional photos can cost potential bookings. He discusses the evolution of his own photographic style, emphasizing the importance of providing a variety of photos, including drone shots, twilight shots, and interior shots from multiple angles. Andrew mentions how his extensive experience, which includes photographing properties in 22 different states and Costa Rica, has honed his skills. He believes in dedicating a full day to a shoot to capture the best light at different times of the day. He also offers advice on staging for short-term rental photography, stressing the importance of details like setting the dining table, filling the hot tub, and ensuring sufficient matching plates and utensils. Jamie corroborates the importance of professional photography, sharing personal anecdotes about how professional photos helped answer guest questions and lowered guest dissatisfaction. Andrew provides tips for those considering DIY photography, such as holding the camera at light switch height and managing lighting. He advises on how to find a good local photographer by checking their recent work on Airbnb listings and stresses thorough preparation of the property before the photographer's visit, ensuring it is guest-ready. Andrew shares his future goals of investing in his own short-term rental property and talks briefly about his co-hosting experiences. He also offers contact details for those interested in his services and emphasizes his commitment to helping clients increase bookings through top-tier photography. You don't want to miss this episode! ~~~~ Andrew Keller Contact Info: https://isoneedphotos.com/ 423-316-1967 ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, is joined by Bram Gallagher, Director of Economic and Forecasting at AirDNA, to discuss current economic uncertainties and their potential impact on the lodging industry. They delve into the new presidential administration and recent fluctuations in the stock market, which have introduced significant uncertainty. Despite strong fundamentals in unemployment rates and GDP growth, consumer sentiment and the economic policy uncertainty index show signs of concern, with the latter reaching its highest level since COVID-19. A notable topic is the influence of tariffs, including their imposition and the ensuing trade wars impacting international travel. Canadian travel to the U.S. has notably decreased, with several flight routes canceled, significantly affecting markets with high Canadian tourist reliance. Additionally, stock market volatility influences consumer spending through the wealth effect, potentially curbing leisure travel plans. The discussion also covers sectors like business travel, where cuts and price sensitivity have emerged. The participants conclude that current data still supports strong economic performance, but the downside risks necessitate vigilance over future metrics and trends. Concerns such as tariff impacts, inflation, and travel behavior shifts underscore the importance for lodging operators to stay informed and adaptable in their strategies. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
On this episode of Good Morning Hospitality, Wil Slickers, Brandreth Canaley, Michael Goldin, and Jamie Lane dig into Vrbo's bold billboard campaign taking aim at Airbnb—and Airbnb's sharp response in a recent Skift article. We explore what this marketing feud reveals about platform dynamics and traveler sentiment. Jamie also unpacks the latest hotel and short-term rental data from his presentations at the Hunter Hotel Advisors Conference. From shifting demand toward rural markets and larger STRs to the pause in supply growth, we analyze the signals pointing to where the market is headed. Plus, we break down key insights from Oxford Economics on macroeconomic headwinds, traveler behavior, and hotel performance trends. It's a data-packed conversation with real implications for anyone in hospitality. This episode is brought to you by our friends at Fido! No more headaches managing your vacation homes and asking your guests to take the trash bins to the curb! Want to execute great hospitality for your guests? Get with Fido today at getfido.com/gmh ---- Good Morning Hospitality is part of the Hospitality.FM Multi-Media Network and is a Hospitality.FM Original The hospitality industry is constantly growing, changing, and innovating! This podcast brings you the top news and topics from industry experts across different hospitality fields. Good Morning Hospitality publishes three thirty-minute weekly episodes: every Monday and Wednesday at 7 a.m. PST / 10 a.m. EST and every Tuesday at 8 a.m. CET for our European and UK-focused content. Make sure to tune in during our live show on our LinkedIn page or YouTube every week and join the conversation live! Explore everything Good Morning Hospitality has to offer: • Well & Good Morning Coffee: Enjoy our signature roast—order here! • Retreats: Join us at one of our exclusive retreats—learn more and register your interest here! • Episodes & More: Find all episodes and additional info at GoodMorningHospitality.com Thank you to all of the Hospitality.FM Partners that help make this show possible. If you have any press you want to be covered during the show, email us at goodmorning@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, and co-host Scott Sage, SVP of Marketing & Customer Experience, discuss short-term rental performance for February 2025. They start by noting strong overall demand, with a 5% year-over-year increase, although the first weeks of March showed a decline. Supply growth, marked at 3.9%, shows stabilization despite some markets seeing negative growth. They delve into detailed metrics like RevPAR, which rose 5%, and an ADR increase of 6%. The conversation covers the impact of recent events like March Madness, the Super Bowl in New Orleans, and Beyonce's concert tour. Jamie discusses economic indicators, forecasting potential impacts due to factors like tariffs, taxes, and slowed government bookings, which could lead to declines in certain markets. They touch on internally-focused metrics like ADR and the repeat rent index, noting positive trends. Forward-looking, Jamie expresses cautious optimism for the short-term rental market's first half of the year, despite broader economic uncertainties. The hosts emphasize the need for rental operators to stay vigilant of market-specific data, especially in light of potential travel slowdowns and macroeconomic concerns. Finally, they discuss March events like St. Patrick's Day and highlight the importance of local market expertise and constant monitoring of pacing data to adjust strategies effectively. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, welcomes Assaf Karmon, CEO and co-founder of Turno. The discussion dives into Turno's platform, which helps short-term rental owners find reliable cleaners, automate scheduling, and essentially autopilot their business. Assaf describes his initial venture into short-term rentals, emphasizing the challenges he faced, leading to the creation of Turno—a marketplace for vacation rental cleaners in multiple countries. Jamie shares his personal experience using Turno and highlights its efficiency in sourcing cleaners. They discuss the variance in cleaning fees and how Turno's vetting process helps in choosing the right cleaners. The conversation also touches on features such as tracking cleaner projects, guest cleanliness scores, and creating a redundant team of cleaners for reliability. Assaf explains the importance of managing exceptions and maintaining a team for backup. They delve into automating various aspects of property management beyond cleaning, including maintenance and inventory tracking. Assaf also brings up an interesting customer success story that underscores the seamless automation provided by Turno. Jamie raises concerns about potential risks in automation, and Assaf reassures him with Turno's support in crisis situations. They discuss the range of Turno's clients, from small hosts to large property managers, and Assaf shares insights on the highest cleaning fees and challenges in sourcing cleaners in specific markets. Assaf emphasizes the importance of using automation to save time and mental capacity, encouraging hosts to focus on bigger ventures. He concludes by sharing how to reach out to Turno and himself for further queries. You don't want to miss this episode! ~~~~ https://turno.com/ ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, and Eric Goldreyer, the CEO and Founder of Savvy. Eric shares his rich history in the vacation rental industry, dating back to 1995 when he and his wife founded bedandbreakfast.com. The website became the leading platform for bed and breakfast listings and property management software. Eric recalls his journey, from creating central reservation systems, to selling bedandbreakfast.com, taking time off, and eventually pioneering new ventures like Turnkey Vacation Rentals and Funair. He highlights the pain points property managers face with high distribution costs and how the Savvy platform aims to address these issues. Savvy offers a fresh approach with a no-fee model, aiming to facilitate direct bookings for vacation rentals, thereby saving costs for property managers and guests. Eric delves into the company's strategy, including maintaining algorithms that ensure high-quality matches between guests and properties. He emphasizes the importance of providing great hospitality, managing distribution costs, and building repeat and word-of-mouth business. The conversation takes a deeper dive into the competitive landscape, where Eric stresses that Savvy doesn't aim to replace OTAs but complement them by offering an alternative that reduces booking costs. Jamie and Eric also discuss the importance of effective direct booking sites for property managers and the evolving dynamics of website quality, revenue management, and the role of property managers. Eric concludes by envisioning a future where Savvy is successful, benefiting both travelers and property managers, and addresses the challenges and opportunities within the vacation rental industry. He provides insights into what new property managers should focus on, drawing from his extensive experience in the sector. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, the Chief Economist at AirDNA, and Scott Sage, SVP of Marketing, discuss the performance of the Short-Term Rental (STR) market in January. The episode highlights data from Airbnb, Booking.com, and VRBO's Q4 reports, revealing a 12-19% increase in nights booked across platforms. Jamie emphasizes the importance of being multi-channel listed to maximize bookings. Supply growth was reported at 4.3%, while demand growth surged to 8.9%, resulting in over 20 million nights booked, predominantly for spring break. Market dynamics in the U.S. showed record-high January bookings, with an Advanced Daily Rate (ADR) increase of 5% year-over-year. Despite inflation concerns, January provided a strong start, with higher booking volumes and pricing power. The discussion extends into interest rates and their impact on the STR market, mentioning a slight decline in 10-year treasuries and 30-year fixed-rate mortgages. Specific market performance is dissected, noting strong demand in mountain and lake areas due to favorable weather. Additionally, small cities and rural markets experienced a 23% demand growth. Jamie also provides insights into challenges for standardized properties, urging hosts to differentiate through better amenities. Lastly, the episode addresses the continued impact of natural disasters like hurricanes and fires on bookings in affected areas, indicating a possible decrease in specific markets like Los Angeles and Maui. Jamie concludes with potential macroeconomic impacts, including government job cuts and cross-border travel trends between Canada and the U.S. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
This week on Good Morning Hospitality, Jamie Lane returns as our guest host alongside Wil Slickers, Brandreth Canaley, and Michael Goldin to dissect the latest Q4 earnings from Booking.com and Airbnb. With revenue trends, profitability shifts, and market outlooks in focus, we'll analyze what these numbers reveal about the broader travel and hospitality industry. But that's not all—Airbnb is suing the city of New Orleans over its latest short-term rental regulations. We break down the lawsuit, what's at stake for hosts and travelers, and what this means for the future of STR policies in major cities. Tune in for expert insights, industry analysis, and real-time reactions to the biggest headlines in hospitality! ---- Good Morning Hospitality is part of the Hospitality.FM Multi-Media Network and is a Hospitality.FM Original The hospitality industry is constantly growing, changing, and innovating! This podcast brings you the top news and topics from industry experts across different hospitality fields. Good Morning Hospitality publishes three thirty-minute weekly episodes: every Monday and Wednesday at 7 a.m. PST / 10 a.m. EST and every Tuesday at 8 a.m. CET for our European and UK-focused content. Make sure to tune in during our live show on our LinkedIn page or YouTube every week and join the conversation live! Explore everything Good Morning Hospitality has to offer: • Well & Good Morning Coffee: Enjoy our signature roast—order here! • Retreats: Join us at one of our exclusive retreats—learn more and register your interest here! • Episodes & More: Find all episodes and additional info at GoodMorningHospitality.com Thank you to all of the Hospitality.FM Partners that help make this show possible. If you have any press you want to be covered during the show, email us at goodmorning@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the STR Data Lab, Jamie Lane, chief economist at AirDNA, sits down with Jonah Hanig, CEO of Rove Travel. Jonah shares his journey from Chicago suburbs to New York City, his stint as an investor, and the experiences that inspired the founding of Rove Travel. He recounts how living in various Airbnbs during the pandemic was a mixed bag and spurred him to create a consistent luxury home rental marketplace. The conversation delves into the challenges and strategies for ensuring high quality and service in luxury travel. Jonah explains how Rove Travel aims to bridge the gap between short-term and midterm rentals in New York, emphasizing that they started with a focus on midterm rentals in compliance with local laws. They discuss expansion into other luxury markets like the Hamptons, Aspen, and Southeast Florida, acknowledging the operational complexities involved. Jonah describes their distribution strategy, leveraging platforms like Airbnb, Vrbo, and their direct booking platform, Rovetravel.com. He highlights the importance of property quality and exemplary service, sharing anecdotes and challenges they faced in maintaining high standards. The discussion also covers how Rove Travel differentiates itself from traditional rentals and high-end hotels, offering properties that justify their rates through superior service and amenities. Jonah sheds light on their homeowner strategy, emphasizing investment properties over primary residences. He explains that their business thrives on word-of-mouth, good results, and strategic market expansion. The podcast concludes with insights on the future of the luxury rental market and advice for prospective investors, emphasizing the importance of understanding market dynamics and leveraging asymmetric information. You don't want to miss this episode! ~~~~ www.rovetravel.com https://www.instagram.com/rove_travel/ ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, chief economist at AirDNA, sits down with Catherine Rathcliffe to discuss recent developments affecting short-term rentals, especially in Canada. The conversation shifts from past topics like insurance and HR to focus on the significant news in Canadian short-term rentals. With the Trump's administration's proposed tariffs and heightened political tensions, both Canadian and American operators are feeling the impact. Rathcliffe, a repeat guest, brings her expertise on Canadian travel and economic implications. She reflects on the historical relationship between the U.S. and Canada, highlighting how the falling Canadian dollar and political tensions are affecting travel behaviors. She notes that 20 million Canadians visited the U.S. last year, making up a significant portion of international visitation, while Canadians represented 3% of U.S. demand in short-term rentals last year. The current environment promotes a sense of patriotism in Canadians opting for domestic travel, potentially influencing similar sentiments among Americans considering travel to Canada. The discussion also touches on local regulations in Montreal and British Columbia, and their impact on the short-term rental market. Rathcliffe suggests that enforcement nuances and public-private collaborations play a role in how these regulations are implemented. As political figures change, upcoming elections could further influence travel and economic policies. Despite these challenges, Rathcliffe remains optimistic about opportunities in the short-term rental market, predicting continued change and emphasizing the importance of being mindful of family protectionism and economic decisions. Lastly, Rathcliffe encourages everyone to vote and ensure their voice is heard in these politically turbulent times. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, interviews Brandy Canaley, COO of Roami and fellow GMH podcast host. They delve into the complexities and strategies of managing short-term rentals during major events such as the Super Bowl, Mardi Gras, and Taylor Swift concerts. Brandy shares her expertise on operations, pricing, and staffing challenges that arise when markets are near full occupancy. Roami operates about 800 units in urban environments like South Florida and New Orleans, where high ADR events are common. They discuss the advance planning required for these events, from ensuring units are cleaned on time to coordinating with contracting agencies for extra help. Brandy emphasizes the importance of meticulous planning, setting proper expectations for guests, and managing last-minute bookings. The conversation touches on the impact of local regulations on short-term rental markets, using New Orleans as a case study. Additionally, Brandy talks about the need to balance high rates with guest satisfaction and how small gestures can enhance the guest experience. She advises smaller hosts to streamline operations and be prepared for higher clean-up requirements post-event. The interview also covers tips for making rental listings stand out during high-demand periods. Brandy shares insights on managing listings' location descriptions and leveraging amenities to attract guests. She also highlights the importance of maintaining calm under pressure and rewarding staff after high-demand weekends. Finally, Brandy invites listeners to learn more about Roami's short-term rentals in Miami and New Orleans and to tune in to the GMH podcast for further industry insights. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode, Jamie Lane, Chief Economist at AirDNA, is joined by Dave Meyer, Head of Real Estate Investing at BiggerPockets, to delve into the intricacies of the housing market. The discussion touches on the dynamics of short-term rental investments and the broader housing market, highlighting why understanding these trends is crucial for investors. Dave reflects on the volatility of affordability and mortgage rates over the past year and the factors affecting home values. They also discuss the disparity between affordability and home values, noting that more Americans are spending a larger portion of their income on housing. The conversation transitions to the rental market, where multifamily rents have decreased and single-family rents have remained stable, influenced by a surge in multifamily supply amidst a housing shortage. Dave suggests that while rent growth has stagnated, there might be bullish trends starting in 2026 as supply normalizes. They address the impact of institutional versus small investors in the current market landscape, pointing out a pullback in large-scale institutional investments, which opens opportunities for small, diligent investors. The concept of Build to Rent, where entire communities are developed solely for rentals, is introduced as an ongoing trend. The discussion pivots to short-term rentals, emphasizing how small capital investments in amenities can yield high returns, contrasting with long-term rental strategies. Dave advises patience as a crucial strategy for 2025, as well as looking for properties with hidden value through creative improvements and zoning changes. The need for a localized approach in identifying investment opportunities is highlighted, along with the benefits of understanding infrastructural developments in certain areas. The episode concludes with Dave encouraging listeners to leverage their unique advantages as small investors and emphasizing the importance of taking a long-term view on investments. For more insights, listeners are directed to BiggerPockets' resources and Dave's podcast, On the Market. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
This week on Good Morning Hospitality, Wil Slickers, Brandreth Canaley, and Jamie Lane dig into the headlines shaping travel and hospitality. With Hopper reportedly preparing for an IPO, the team examines the company's strategy, its controversial reliance on fintech products, and what its potential public debut could mean for the industry. They'll also explore OpenAI's new Operator, a cutting-edge AI tool designed to autonomously handle tasks, and discuss whether this kind of technology is ready to make meaningful contributions to hospitality operations—or if it's more hype than help. Finally, they'll touch on why airlines are struggling to keep up with soaring demand and how these challenges are creating ripple effects across travel and hospitality. Tune in for grounded insights, honest takes, and the latest updates on what's happening in the industry. --- This episode is brought to you by Fido, the newest GMH partner! Say goodbye to headaches with Fido's reliable services for vacation rentals. From trash bin management to junk removal and property inspections, Fido keeps your properties guest-ready and stress-free. Learn more at getfido.com ---- Good Morning Hospitality is part of the Hospitality.FM Multi-Media Network and is a Hospitality.FM Original The hospitality industry is constantly growing, changing, and innovating! This podcast brings you the top news and topics from industry experts across different hospitality fields. Good Morning Hospitality publishes three thirty-minute weekly episodes: every Monday and Wednesday at 7 a.m. PST / 10 a.m. EST and every Tuesday at 8 a.m. CET for our European and UK-focused content. Make sure to tune in during our live show on our LinkedIn page or YouTube every week and join the conversation live! Explore everything Good Morning Hospitality has to offer: • Well & Good Morning Coffee: Enjoy our signature roast—order here! • Retreats: Join us at one of our exclusive retreats—learn more and register your interest here! • Sponsorships & Media: Partner with us or explore our offerings through our media kit—visit here! • Episodes & More: Find all episodes and additional info at GoodMorningHospitality.com Thank you to all of the Hospitality.FM Partners that help make this show possible. If you have any press you want to be covered during the show, email us at goodmorning@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of STR Data Lab, Jamie and Scott discuss the 2025 edition of the Best Places to Invest (BPTI) report. Jamie shares insights into booking trends and the significant importance of January and February for the year's performance. The BPTI report aims to identify the top markets for investment based on a decade's worth of data. It's built on a robust methodology, focusing on investability, demand, revenue, and regulation, and offers a macro-level view but introduces price-tier segmentation for more personalized investment guidance. This year's BPTI uses newly improved metrics, including a focus on homes currently for sale, applying granular data from 250,000 homes to refine investability scores. The podcast unveils the top five markets for 2025: Crescent City, CA; Columbus, GA; Akron, OH; Fairbanks, AK; and Peoria, IL. Additionally, the report underscores trends like strong performance in midsize cities and introduces new filters for price tiers, providing diverse market opportunities from low to high investment brackets. Jamie and Scott break down the specificities of each market, touching upon key metrics, evolving supply and demand, and regulations. They also provide instructions for utilizing AirDNA's platform to tailor individual investment strategies based on personal criteria and market preferences. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
The GMH team—Michael Goldin, Brandreth Canaley, Jamie Lane, and Wil Slickers—shares their bold predictions for the hospitality industry in 2025. This episode is part of a month-long GMH tradition, with all shows and hosts revealing their insights for the year ahead. Be sure to tune in to every episode, and join us in December 2025 as we review how our forecasts measure up! ---- This episode is brought to you by Fido, the newest GMH partner! Say goodbye to headaches with Fido's reliable services for vacation rentals. From trash bin management to junk removal and property inspections, Fido keeps your properties guest-ready and stress-free. Learn more at getfido.com — Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live! Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form! Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the STR Data Lab, Jamie Lane sits down with Nikkei Rosenberg, a real estate agent from Savvy Realty, discussing the importance of finding the right real estate agent for short-term rental investments. Nikkei shares her extensive background in vacation rental management, starting from a young age in St. Augustine, Florida. She highlights her journey, including her roles at Vacasa and building a property management company. Nikkei emphasizes the importance of understanding local regulations and having a strong network of vendors. She offers advice on how to identify competent real estate agents and stresses the necessity of thorough due diligence, including generating accurate income projections and understanding all operational expenses. Nikkei addresses the challenges in the North Florida market, such as higher interest rates and insurance costs, but highlights the opportunities that exist for savvy investors. She talks about the importance of property setup and the meaningful impact of unique branding and high-quality amenities. Nikkei sees current market conditions as an opportunity for those willing to put in the work and adapt to the evolving market dynamics. She encourages potential investors to not be deterred by high interest rates and to focus on the long-term benefits, including potential future refinancing opportunities. Nikkei emphasizes the importance of surrounding oneself with a knowledgeable team and being prepared for the complexities of short-term rental investments. She concludes by offering her availability for consultations and encouraging aspiring investors to pursue their vision and not be afraid of failure. The episode ends with a call to action for listeners to connect with Nikkei through various social media platforms for more insights and to stay updated on new deals. You don't want to miss this episode! ~~~~ 10% of Code: strdatalab Visit airdna.co and enter the code at check out ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, discusses with Skift CEO Rafat Ali the future trajectory of Airbnb. The conversation delves into potential new business lines for Airbnb as it aims to launch billion-dollar ventures by 2025 and 2026. Lane talks about the need for Airbnb to expand beyond its core accommodations to maintain growth, especially as the short-term rental industry matures. They cover Airbnb's new co-hosting network, which offers services like listing setup, guest communications, cleaning, and more. Jamie also explores potential new markets, such as car, boat, and plane rentals, and home improvement services. There's discussion on the role of trust in Airbnb's platform, their potential loyalty program, and the ability to monetize their ecosystem through ads and promote listings. They examine Brian Chesky's vision for expanding Airbnb into a multi-billion dollar business and its parallels with Amazon's growth strategy. Jamie suggests the prospects of creating physical social networks and meeting spaces for Airbnb guests. They consider whether these expansions could make Airbnb an indispensable part of travel, akin to Amazon Prime, offering enhanced services and experiences. The episode concludes with reflections on the challenges and potential obstacles Airbnb might face in these ambitious expansions, and the community-driven value that these initiatives could bring to the Airbnb platform. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane is a guest on Wil Slickers podcast Slick Talk where they dive into his history within the travel and tourism sector. They discuss the impacts of COVID-19 on market dynamics and make predictions on the future of the STR (Short Term Rental) market. Topics include AirDNA's acquisition of Uplisting, the new video series 'Jamie's Lane Change,' and Lane's recent adventures in real investment. Jamie shares his extensive career, starting from his work at PKF Hospitality Research in 2010, his time at CBRE, and now his role at AirDNA. They delve into the differences between the hotel and STR markets, where STRs show rapid growth and innovation. Jamie offers insights into the landscape and trends in both traditional and short-term rental markets, noting strong supply growth in STRs compared to the more mature hotel industry. The conversation broadens into macroeconomic factors, touching on interest rates, home values, and revenue projections for the STR industry. Jamie addresses the adaptability required of OTAs to keep pace with evolving market needs and predicts steady industry performance. He explains the rationale behind AirDNA's acquisition of Uplisting and the vast potential in expanding their services to smaller hosts. Jamie highlights global trends, emphasizing significant growth potential in regions like Latin America and Asia Pacific. In a rare political discussion, they discuss the potential economic impacts of recent elections on interest rates and immigration. Jamie also talks about his hands-on experience as a host with AirDNA's YouTube series, 'Jamie's Lane Change,' where he details his journey from market selection to managing properties. Jamie concludes by expressing his optimism for the STR market's future while acknowledging the sector's dynamic nature and varying microeconomic climates. The episode closes with an invitation to connect with Jamie on social media and check out AirDNA's extensive resources. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
The year is coming to a close, and it's time to reflect on the bold predictions we made at the start of 2024 for our last episode of the year! Join Wil Slickers, Michael Goldin, Brandreth Canaley, and Jamie Lane as they dive into what they got right, what they missed, and the surprises that shook the hospitality and travel industries. This episode recaps a transformative year for hospitality, from Airbnb's evolving platform to Uber's integration into travel, and the rollercoaster ride of mergers and acquisitions in short-term rentals. Whether it's the urban STR shakeout Brandy foresaw, or Jamie's call on Airbnb's vendor marketplace launch, we're breaking it all down—plus sharing what we've learned and what we'll take into 2025. Don't miss this wrap-up of a year that redefined hospitality! — Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts! This show is structured to cover industry news in travel and hospitality and is recorded live every Monday morning at 7 a.m. PST/10 a.m. EST. So make sure you tune in during our live show on our social media channels or YouTube and join the conversation live! Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you have any press you want covered during the show, fill out this form! Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the STR Data Lab, Jamie Lane, chief economist at RDNA, interviews Madison Rifkin, CEO and founder of Mount. The discussion begins with an overview of Mount, a three-sided marketplace connecting hosts and property managers with their guests and local businesses. Madi emphasizes the importance of offering unique local experiences, rather than just focusing on the property itself. Jamie and Madi delve into her accidental entry into the short-term rental space and her pivot from scooter rentals to Mount's current model. Madi explains how Mount curates top 'hidden gems' for guests, incorporating local businesses into the guest experience seamlessly. They discuss the challenges and benefits of curating these gems in multiple cities and the rigorous vetting process involved. Next, Jamie and Madi discuss the power of social media and how short-term rental hosts can work with influencers and content creators to increase their bookings and reach new audiences. The episode explores Mount's innovative marketing strategies, including a viral TikTok campaign and a Taylor Swift ticket giveaway, highlighting the power of social media in building brand engagement. Madi offers insights into the essential tools and strategies for hosts to get started with social media content creation, emphasizing the importance of a content archive. The episode concludes with a look at Mount's future plans, including international creator retreats and a stronger focus on traveler engagement. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, sits down with Bram Gallagher, the Director of Economics and Forecasting, to discuss the current state and future outlook of the short-term rental market. They start by reflecting on their successful prediction from last year that 2024 would see a balance between supply and demand. Discussing the economy's resurgence, Bram details how 2023 was marked by slow GDP growth, high inflation, and recession worries, but 2024 has seen significant improvements in GDP, income growth, and falling inflation. The duo gives credit to the Federal Reserve for its quick rate hikes, which played a crucial role in stabilizing the economy. They discuss the robust state of the economy, with employment growth, stock market highs, and a strong housing market, while also acknowledging potential risks. They then shift focus to how the current economic environment affects short-term rental investors, predicting higher interest rates for longer and stable, possibly increasing, home values. Supply growth for short-term rentals is expected to moderate, with significant declines in new listings since rate hikes began. For 2025, they foresee a 4.7% supply growth, further reducing in 2026. Performance metrics remain strong, with occupancy expected to recover and ADR increases contributing to revPAR growth. The hosts note market-specific variations, with areas like Maui, Gulf markets, and urban centers like New York seeing dynamic changes. They also discuss geopolitical instability, inflation risks, and the enduring issue of housing affordability as potential threats to the positive outlook. Concluding on a cautious yet optimistic note, they express confidence in the U.S. short-term rental market's firm footing. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this in-depth episode of Slick Talk, Wil Slickers sits down with Jamie Lane, chief economist at AirDNA, to discuss numerous facets of the short-term rental and hospitality industry. From the unexpected impacts of COVID-19 and its role in reshaping market dynamics to the economic factors driving the current landscape, Jamie provides eye-opening insights and data-backed predictions for the future of the STR market. The conversation delves into the significant churn rates in STR, tech integration, and the evolving landscape of property management technologies. Jamie also shares personal experiences from his new video series, Jamie's Lane Change, which documents his journey into the world of short-term rentals. Whether you're an investor, operator, or industry enthusiast, this episode offers valuable takeaways on staying ahead in the competitive hospitality sector. This episode is brought to you by our sponsors at: The Best Stays & The Best Days are brought to you by Well & Good Morning Coffee. Ensure your guests aren't left unsatisfied with generic or gross coffee, and get Well & Good Morning Coffee in your properties for better guest satisfaction! Hostfully – Use code SLICKTALK for three months free of their digital guidebook or $100 off their property management platform! Hudson Creative Studio - Get your direct booking site and brand built by them, and never look back! ——– Thank you for tuning into our podcast! Slick Talk is a Hospitality.FM production, and you can find more of our shows at Hospitality.FM or anywhere else you listen to your podcasts! Listen to more episodes on our website and take a look at our amazing podcast and network sponsors that make this all possible! You can also listen to our Monday morning podcast, Good Morning Hospitality, where we discuss the industry in a more casual setting! If you ever want to contact us for guest suggestions or anything else related to the podcast, please fill out our contact form, and we will be in touch! Last but not least, we love to connect on LinkedIn! Let's connect there so you can see the daily content we post beyond the podcast! Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, VP of Marketing Scott Sage discuss the October performance of the short-term rental market. The conversation starts with a brief discussion on the 2023 U.S. election results and its potential implications for the industry. They report strong occupancy growth for October with demand remaining stable, and highlight the overall positive trends in RevPar, available listings, and total demand nights. Despite some variations in occupancy increases due to supply changes, they note that demand has surged, particularly influenced by slower supply growth due to high mortgage rates. Regulations also impact supply trends, especially in urban and coastal markets. The hosts analyze unemployment rates, the Federal Reserve's interest rate cuts, and their impact on the real estate market. They also emphasize the significance of the Christmas and New Year holidays on booking rates, noting a two-week period of high demand thanks to the date placement this year. Additionally, they touch upon rate setting strategies for hosts and mention cautious observations on RevPar decline in small city and rural markets despite overall national growth. The episode wraps up with a high-level overview of the 2025 outlook report, discussing expected trends influenced by decelerating supply growth and constant demand. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, welcomes Nick Massey, Director of Sales at Proper Insurance, delve deep into the topic of insurance for short-term rental properties. They emphasize the importance of proper insurance coverage, often overlooked by investors and operators in the short-term rental market. Jamie and Nick discuss the need for insurance even before purchasing a property, highlighting geographic considerations where securing insurance might be difficult. They explore the underlying risks associated with insurance underwriting, especially in high-risk areas like mountainous markets. The conversation covers common liability issues in short-term rentals, such as slip and falls, dog bites, and baby equipment hazards. Nick offers advice on mitigating these risks, recommending practices like proper handrail installations and avoiding unnecessary amenities. They also address the relevance of noise monitoring devices in preventing large parties and their associated risks. Nick stresses the significance of comprehensive insurance coverage over minimal homeowner's insurance, focusing on loss of revenue insurance to protect against loss of bookings. They discuss how climate events like floods and hurricanes have impacted recent insurance claims. The episode concludes with insights on choosing the right insurance provider, considering factors like coverage, customer service, and the financial stability of the carrier. Nick also explains how Proper Insurance provides a holistic approach, acting as a risk manager rather than just an insurance provider. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of the STR Data Lab, Jamie Lane, Chief Economist at AirDNA, welcomes Sam Dundas from Besty AI. Sam explains how his background as a property manager led him to create Besty AI, which provides automation for PMS systems. They discuss the company's rapid growth, reaching 17,000 paying properties within a year and nearing a million in revenue. Their success is attributed to AI applications that streamline guest communications, task management, and review analysis. He notes that Besty AI focuses on integrating practical AI applications directly into PMS, rather than offering separate tools, making adoption easy for users. He talks about starting from simple automation, like addressing common guest questions, and gradually enhancing functionality. Sam also highlights the importance of reliability over coverage in AI responses. They delve into the evolution of automated messages and the balance between efficiency and personalization. Future developments include deeper integrations and expanding revenue-generating features. Despite tech advancements, Dundas believes personal touch remains crucial. The discussion also touches on the varying scalability among PMS platforms and the potential industry impact of major players like Airbnb. Looking ahead, Sam envisions significant improvements in AI's role in property management, driven by both technological advancements and customer needs. Integration with more PMSs and entering the hotel space are seen as future growth areas. The podcast concludes with an outlook on the evolving landscape of property management and AI's role in it. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of The STR Data Lab, Jamie and Scott discuss practical hosting tips for Airbnb hosts, leveraging Jamie's recent experience with his investment property and Scott's extensive property management background. Jamie highlights his journey from an Airbnb host since 2011 to managing a large investment property remotely, sharing early learnings and anecdotes, such as the importance of over-communicating with guests. Scott provides insights from his property management experience, stressing the need for understanding comp sets and utilizing dynamic pricing to maximize revenue. They explore key metrics, like occupancy, average daily rate (ADR), and booking window, emphasizing their importance in evaluating listing performance. The hosts introduce AirDNA's performance dashboard, a tool for real-time tracking of these metrics, and discuss its benefits for new and seasoned hosts alike. They also dive into pricing strategies, including the initial steps Jamie took to ensure competitive pricing despite having no reviews. The episode is packed with actionable advice, such as adjusting cleaning fees and cancellation policies, and the significance of effectively managing reviews. Both hosts underscore the importance of using data to inform decisions, ultimately aiming to improve earnings and investment returns. The two wrap up with Halloween plans and candy preferences, leaving listeners with a blend of valuable hosting insights and a touch of festive fun. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
In this episode of The STR Data Lab, Jamie and Scott broadcast live from the VRMA conference in Phoenix, Arizona, where they break down the key issues shaping the short-term rental industry today. They emphasize why events like VRMA are more important than ever, offering a crucial space for the industry to come together and tackle pressing challenges head-on. The conversation kicks off with the aftermath of hurricanes Helena and Milton, which caused a wave of cancellations across Florida and North Carolina. Asheville alone saw over 85,000 nights canceled, while Atlanta experienced a 50% spike in bookings as people sought temporary accommodations. These disruptions are expected to lead to a dip in home prices and rising insurance premiums across Florida, adding new challenges for property owners. Jamie and Scott then shift focus to the U.S. market's September performance, which fell short of expectations with a modest 2.9% increase in nights booked. The growth in supply is slowing, particularly in urban areas, where a 3.1% decline reflects ongoing struggles with regulatory issues, weak demand, and heightened competition from hotels—leading to closures like Frontdesk. On the bright side, ADRs were up 2.7% in September, and October is off to a strong start, with demand fueled by events like Halloween and solid holiday bookings on the horizon. Jamie wraps up the episode by celebrating his first short-term rental booking and sharing a sneak peek of his new YouTube series, which you can catch on the AirDNA YouTube channel. Don't miss this episode—it's packed with valuable insights! ~~~~ Signup for AirDNA for FREE
In this episode of The STR Data Lab, Jamie Lane sits down with Marc Hostovsky, CEO and founder of Minoan, to talk about how their platform is simplifying the short-term rental game for hosts. Jamie shares his personal experience using Minoan to furnish his own listing, emphasizing how straightforward the process was and the competitive pricing he found. Marc explains that Minoan is a purchasing and supplier management platform designed specifically for hosts, providing access to well-known brands at discounted prices. One of the key features is the centralized ordering system, which streamlines the purchasing process for hosts, making it easier to manage. Another feature is the digital showroom, which allows hosts to showcase products in their rental properties and even earn commissions when guests purchase those items. Throughout the conversation, they explore the role of design in short-term rentals, highlighting how thoughtful design can elevate the guest experience and lead to better property performance. Marc points out that as the STR market becomes more competitive, hosts need to combine both real estate knowledge and hospitality skills to succeed. He introduces the idea of a universal cart, which integrates purchases from various partner brands into a single, seamless shopping experience. Marc draws a parallel between the current STR landscape and the early days of Amazon, where strategic design and a focus on the guest experience are becoming more important than ever. He also shares practical tips on how hosts can leverage Minoan to enhance their properties while improving their profitability. The discussion touches on some of the challenges the industry faces, such as the fragmented nature of STR hosts and the difficulties of getting more hosts to adopt new platforms. Marc explains that Minoan is addressing these issues by focusing on referrals, professionalization of the STR industry, and integrating more closely with local economies. As they wrap up the episode, Marc hints at Minoan's goals in improving hosts' economics through smarter investments and potential future collaborations with platforms like AirDNA to integrate data insights for hosts. You don't want to miss this episode! ~~~~ Signup for AirDNA for FREE
This week I interviewed Jamie Lane, chief economist at AirDNA. This guy is an encyclopedia of data and numbers about the STR industry, and the figures he shares will have you excited about what's to come for the industry, AND warn you about what markets and trends to AVOID in 2025 and beyond. This episode is a must listen for anyone planning to scale up and make their next real estate investment in the next 6-12 months! Connect: Show Notes | Start Your Airbnb Instagram Podcast Producer: Kelsey Tran | kelsey@hospitality.fm Learn more about your ad choices. Visit megaphone.fm/adchoices
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