Ep 63 - Growing a Sustainable and Profitable Hospitality Company with Simon Lehmann

Short Term Rental Secrets Podcast

English - August 16, 2021 15:00 - 51 minutes - ★★★★★ - 107 ratings
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Previous Episode: Ep 62 - Creating a Guest Experience Through Design with Tatianna Taylor-Tait

Next Episode: Ep 64 - From 0-150 Units While On Active Military Duty with Joseph Riley

GUEST'S BIO

Simon is one of the world’s foremost experts on short-term rental and vacation rental. He leads AJL Atelier, a specialized vacation rental and business consultancy while also advising multiple companies as Board Member and Executive Chairman. A sought-after speaker, panelist and moderator, Simon loves to broach high-level and technical topics alike, from the future trends of short term rental to the specifics of online distribution in the top 5 OTAs. Previously, Simon was the Co-Founder & Chairman of Vacasa Europe, former President of PhocusWright, and ex-Board member of HomeAway, to name but a few. He’s also an accomplished operator, having led Interhome, Hotelplan Group and Swissport as CEO.

HIGHLIGHTS OF THE EPISODE

04:36 Simon Lehmann introduction and background

05:59 How Simon started in the hospitality industry

08:11 Transitioning from being an executive vice president of an airport ground company to a CEO of a vacation rental company

11:21 Simon shares his vacation rental journey

14:04 What is AJL Atelier?

14:42 Simon shares his tips for those who are starting their STR business

18:14 E shares his experience when he first started his STRs

20:20 Bridging traditional hotels and the vacation rental spaces

29:37 Simon's insight about traditional hotels acquiring STRs

33:21 The best business model to use in starting your STR business

37:00 Building a management company and selling it

42:45 Demand vs supply

43:31 Taking a balanced approach from owners to guests

45:45 How to connect with Simon

46:41 Simon's #1 secret to success with STR

50:23 Acknowledgments to Simon

NOTABLE QUOTES

"There is no one size fits all, we need to be flexible." - Simon Lehmann

"The demand is here but we need to professionalize." - Simon Lehmann

CONNECT WITH THE GUEST

Simon Lehmann: Clubhouse | Instagram | Linkedin

AJL Atelier

CONNECT WITH THE HOSTS

https://linktr.ee/the_airbnbguy

Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin

FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass

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