Can We Prevent an Industry Crisis?

Sustainability is a word that gets thrown around for better or worse but in this episode, the full Good Morning Hospitality crew hops on the broadcast to share thoughts and insights about financial sustainability within the industry and how companies that focus on 2021 revenues as a benchmark are more than likely to have a brutal wake up call. Wake up with us every Monday morning at 7am PST and 10am EST - this is the one morning show you don't want to miss! Industry News:  Placemaker raises $65M (Link) STR Wealth Conference - was awesome & excited for 2024! (Wil) Expedia & Kayak are first with ChatGPT plugins (link) Interesting Acquisition by Steller (Link) AirDNA’s Fact of the Week:  Is it already time to book your summer vacation?! The short answer is yes. Get those flights now! But when it comes to short-term rentals, on average, guests saved about 9% by booking two weeks in advance instead of more than six months in advance. And if you’re a host looking to shore up your occupancy, consider lowering your prices as the date gets closer.  Show Notes:  HFM Merch Store! 10% off for GMH listeners that use this link TravelNet joins GMH as an official sponsor! Click this link to check out their special offer for our listeners! AirDNA also joins GMH as a sponsor! Register for a free account, then search the market you want to purchase and enter the discount code: GMH20 at check-out! — Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM production. This show is structured to cover industry news within all of travel/hospitality and is recorded live every Monday morning 7am PST/10am EST so make sure you tune in during our live show on our social media or YouTube and join the conversation! 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!