OTA Changes, FinTech & The Impact on Operators!
Manage episode 305008440 series 2996599
In recent news, OTA's such as VRBO are now listing hotel units (restricted to specific room/building types) and companies like Booking.com are developing a FinTech product to capture ALL revenues, not just their commission but the payment processing fees for themselves.
How will this impact operators in hotels and in short-term rentals? Grab your coffee and find out! ☕️
Check out our show sponsor, Breezeway at www.breezeway.io/gmh
Articles mentioned: ShortTermRentalz.com : https://shorttermrentalz.com/news/vrbo-hotels-demand/
Mentioned in this episode:
Rentals To Rescue - Ukraine Support
We're calling out to all of our property manager friends, industry experts, and anyone knowing of those providing lodging for Ukrainian refugees seeking safety! Please contact me directly as we have an internal document that is being updated in real-time and if you could share this message within your network, we'd really appreciate it! www.rentalstorescue.com or our GoFundMe: https://www.gofundme.com/f/qpdb77-shortterm-rentals-for-ukrainian-refugees Also, if you know or you are doing something similar, please let us know how we can support you!
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