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Monday 1 March, 2021
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Join Travaxy, Pinktada + Enso Connect for first-ever "Pitch to Paul" RockSTRz webinar
Join Travaxy, Pinktada and Enso Connect as they pitch live for potential investment on Tuesday 2 March at 4pm GMT - sign up for our first "Pitch to Paul" webinar here.
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EDITOR'S COMMENT
01•03•21 Welcome to the latest ShortTermRentalz newsletter!
• The heavy Q4 net losses announced by Airbnb [$3.89 billion] in its first earnings report since the stunning December IPO look harrowing on paper, however the underlying figures provide cause for optimism as pent-up demand for escapism travel surges in 2021.
The company reported $859 million in Q4 revenue, exceeding analysts' expectations of $748 million, and saw its stock rise by as much as 16 per cent, with CEO Brian Chesky citing how Airbnb had shown "strong financial discipline" during the pandemic, which included laying off 25 per cent of its global workforce and slashing investments in business expansion ventures.
As a result of pent-up travel demand and the "work from anywhere" trend, Airbnb will be hopeful of expanding its supply to be ready for the "significant" rebound it is expecting this summer as the vaccination rollout accelerates worldwide. The signs are that the firm is strategising for the future, by launching a global marketing campaign for hosts and opening a planned tech hub in Atlanta, to placate its community and shareholders alike.
• Make sure you sign up for our first-ever "Pitch to Paul" RockSTRz 2.0 Dragon's Den-style investment webinar on Tuesday 2 March at 4pm GMT, in which three hospitality startups pitch for potential investment in front of a distinguished expert panel and our global audience.
Joining me for the webinar, brought to you by series sponsor Nuki, will be:
Contributors:
- Valentina Shegoyan, Managing Partner, REACH UK | Second Century Ventures
- Matthew Hoffman, Founder, Startup Alpha
- Merilee Karr, Founder and CEO, UnderTheDoormat, and Chair, UK STAA
Startups pitching:
- Lioz Amar, CEO and Founder, Travaxy
- Francois Gouelo, Co-Founder and CEO, Enso Connect
- Lyon Hardgrave, Co-Founder, Pinktada
• The entries deadline for the 2021 Shortyz Awards is fast approaching - submit your nominations HERE by Friday 5 March 23:59 GMT to be in with a chance of making a shortlist or winning an award at our virtual ceremony on Thursday 22 April. Check out this feature, written by the Abode PR team, which explains why you should enter our 2021 Awards.
Please click here or contact me at my email / phone number below if you have a story you want us to tell the industry, or you would like to take part in a feature, podcast or webinar.
OUR DIGITAL AND LIVE EVENTS
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International Hospitality Media is the premier specialist in online publishing; conference, exhibition and events, and advisory services for growth sectors of the hospitality industry. The company publishes three industry-leading b2b websites - BoutiqueHotelNews.com and ServicedApartmentNews.com and ShortTermRentalz.com which keep their respective sectors up to speed with news, comment and opinion.
Our conference experience spans four continents and covers high growth segments including boutique, lifestyle and hybrid hotels, serviced apartments / aparthotels and extended stay, and vacation rental. Our events are renowned for their intense focus and attract quality industry leaders, brands and independents, providing unparalleled networking and learning opportunities. We also organise bespoke educational events and investor breakfasts to bring owners, operators and investors together.
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