Trends, Challenges, and Future Predictions - Live In Person Episode

In the discussion, we explore the challenges faced by the short-term rental industry, the growing demand for professionalism, and the need for a level playing field with hotels. We also talk about the differences between various types of accommodations, the impact of regulations on the market, and make predictions for 2024. The conversation concludes with insights on the importance of collaboration among operators, the trend for domestic tourism and shorter trips, and anticipations for 2024, which may see a tide of caution and consolidation in the hospitality industry. 00:02 Introduction to Good Morning Hospitality 00:30 Special Offers from Sojo and TravelNet Solutions 01:25 Behind the Scenes: Recording in New York 02:36 Appreciation for New Listeners and Show Recap 03:00 Discussion on New York Regulations and Industry Trends 03:44 Debate on Short-Term Rentals vs Hotels 13:14 Predictions for the Future of the Hospitality Industry 19:50 Closing Remarks and Farewell This episode is brought to you by our friends and sponsors at sojo and TravelNet Solutions! Hospitality Hotline & GMC Report! Hospitality Hotline is open to everyone by using this link!📲https://www.speakpipe.com/GoodMorningHospitality And don't forget to subscribe to our new monthly newsletter & Good Morning Capital Dashboard! Sign up here! — 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 within all of travel/hospitality and is recorded live every Monday morning at 7 am PST/10 am 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