Monday 8 February, 2021
Expert panel announced for RockSTRz 2.0 hospitality convergence webinar [16 February]
Join Guesty, AltoVita, Seven Living + SilverDoor in debating the convergence of hotels, short-term rentals and serviced apartments on Tuesday 16 February [4pm GMT] - sign up here.
EDITOR'S COMMENT
08•02•21 Welcome to the latest ShortTermRentalz newsletter!
• Among the many challenges the short-term rental industry will confront in 2021, the implementation of stricter regulations is a sizeable obstacle, as demonstrated by the Local Government Committee's backing for proposals to introduce a licensing system and control areas for short-term lets in Scotland.
While some MPs support the plans to "urgently protect housing stock", the move has been met with widespread opposition from organisations including the STAA, the STA and the ASSC, which say the restrictions will have a detrimental impact on Scotland's tourism industry and instead advocate sustainable, proportionate regulations to protect businesses.
Elsewhere, places such as Beijing and Florida have targeted rentals for restrictions where tourists could congregate, with some people claiming hotels have been singled out for preferential treatment. It is a challenge the whole industry must face head-on, to prove that private homes are the safest, cleanest and most affordable accommodation choice and to raise the standards of professionalism that the STAA, ASSC et al are calling for.
• Covid-19 has also accelerated the convergence between the hospitality segments at a rate no-one could have expected, even if the blurring was already occurring prior to the pandemic.
In the next webinar of our RockSTRz 2.0 series [16 February, 4pm GMT], our stellar panel of experts will discuss whether short-term rentals can become a dominant asset class, the new hybrid business models emerging from the pandemic, and what Airbnb's entrance in the hotel space means for the convergence of the respective sectors.
Joining me for the webinar, brought to you by session sponsor Guesty and series sponsor Nuki, will be: - Omer Rabin, Managing Director [Americas], Guesty- Vivi Cahyadi, CEO & Co-founder, AltoVita- Charles London, Director, Seven Living - Pauline Houston, VP of Global Business Development, SilverDoor
Sign up for this unmissable discussion here. View the full RockSTRz 2.0 calendar here.
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