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The premier news on the vacation rental industry. We talk not only OTAs such as Air BNB, Expedia or Booking.com we discuss strategies, market trends and legislation that concern the short term rental market.
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Send us a Text Message. Welcome to the Straight Fire Summer Games where we pay tribute to those in the Vacation Rental Royalty. A leaner market means only the fittest will survive. Those who have been treading water the past year may be fated to sink in an untimely manner. Joining in the games is a returning guest and expert of Revenue Management t…
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Send us a Text Message. Out in the open! Straight Fire VR speaks with guests about their outspoken opinions on three very important players in the industry: the three V’s, VRMA, Vacasa, and VRBO. Joining us this week in the crossfire are two outspoken industry experts: the Founder of Seattle Vacation Homes, Andy Morris, and the Co-Founder and Chief…
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Send us a Text Message. Straight Fire VR is keeping an eye on the market that is heating up in time for summer. AirBnB’s stock prices have seen a rocket ride this past year and they have taken a bigger bite of the market share. Will it last and what does their high rise mean for the industry? Also, does Expedia need an exit ramp for VRBO? Our exper…
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Send us a Text Message. Vacasa, a onetime Unicorn in the Vacation Rental industry is now a struggling property management company. With prices as of April 9, 2021 of of over $200 a share to now trading under $6.00, where did it all go wrong? Straight Fire VR performs an autopsy to investigate the cause of death. Our Guests former Vacasa Sales Execu…
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Send us a Text Message. The firestorm that the vacation world has seen in the last few years may have cleared the forest floor a bit and allowed the surviving players to grow. In this week’s episode, our guests speak about the players that are left on the board and the new moves they may take to raise capital and grow using a leaner and more profit…
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Send us a Text Message. Message Received? Answer: MAYBE. Have you noticed your emails falling short lately? Many property managers may have noticed their emails being sent coming up short, and this could be due to new changes over at Google. If undeliverable messages and email kickbacks seem like a real “kick in the business,” it could be that your…
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Send us a Text Message. If as a property manager you are feeling that the headwinds are quickly turning into a hurricane, you are not alone. Increasing labor prices, lowered ADR and shortened stays require a manager ro become more sophisticated with your marketing and data collection. Straight Fire VR Episode 6 goes in depth with Jeff Robertson and…
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Send us a Text Message. Women make up 70% of the vacation rental industry workforce but hold only a fraction of leadership roles. In this episode we speak with two female business owners about the landscape of the changing industry and technology challenges. We also touch upon recent domestic violence claims in the industry and how speaking up and …
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Send us a Text Message. SPECIAL ALERT EPISODE! An urgent CALL TO ACTION is needed. Our latest Straight Fire VR episode outlines Florida SB 280 which passed the house and now threatens the industry if Governor De Santis signs it. Our fellow vacation rental owners and industry experts, Tiffany Edwards and Ben Edwards talk about the lobbying efforts b…
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Send us a Text Message. Spring may be the time of the year that the weather finally thaws winter's stronghold on the ground. This spring, as the weather gently warms across America it is also the time we are seeing bookings start to increase. The cooler markets of the last two years may be seeing a warming up as ADR drops. Property manager are look…
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Send us a Text Message. Season 2 Episode 2: Team Pink and the Pink Slip examines the recent layoffs industry wide. From #Vacasa, #Expedia, #Sonders and #Frontdesk have rattled the industry. Returning Guest Michelle Marquis discusses with Host Steve Milo what is rooted in these layoffs and what it means for the industry in 2024. First quarter of 202…
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Send us a Text Message. Straight Fire VR is back and no topic is safe from our sights. It is 2024 and we are ready to take score. In our sights this week we will be looking at women on the rise to powerful positions in the industry, decoding Airbnb “Hot Air” reports. We will also be taking a serious look at what the moral and ethical responsibiliti…
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Send us a Text Message. 🗓 As we wrap up 2023 and look to plan for 2024, and beyond for some of us. As the man who is best known for both the lightening rod ⚡ and the 💵 $100 USD note Benjamin Franklin put it best, " If you fail to plan, you are planning to fail." Our latest Episode of Straight Fire VR covers the latest Women's Summit, DARM and our 2…
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Send us a Text Message. 🤔 Can we be frank? 💻 Social Media is a great place to get the word out, however it can be MORE conducive to toxic positivity than actual constructive critical discourse. 🍭 Sugarcoating potential threats, hyping up systemic inadequacies, and flat out omitting any industry criticism is a recipe for failure. 😭 Blunt honesty may…
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Send us a Text Message. Going into 2024 , looking at every dollar is more important than ever. Conversion rates depend on strategic placement of money early on. The "Spray and Pray spending " may have gotten 100% occupancy during the pandemic highs is no longer a viable strategy in today's market. Experts Graham Donoghue, Paul Smith and Steve Milo …
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Send us a Text Message. Mistakes, missteps and common pitfalls can cause major cash flow problems and even lead up to shutting your doors down, but simply avoiding problems are not enough to keep your business going strong. Building a successful business means having a support team that not only can avoid mishaps, but can be trained to manage equal…
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Send us a Text Message. Hospitality IS at the root of the vacation rental industry. Doug Kennedy a trainer and fixture for over 30 years in both the hotel and vacation rental space will delve into key elements of hospitality. Keeping an eye on your business is key to survival and spotting trends within our own organization can help you keep you and…
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Send us a Text Message. Steve Milo speaks with fellow podcasters Scott Fasano and Adam Norko of the Art of Hospitality Podcast. 🎯 Steve Milo and guests take aim at the topics of #Vacasa 3rd quarter results, #Airbnb vs. #bookingcom, #VRMA, #Marriott and the Franchise Model. Also in this episodes sights are Scott Breon Doug Brindley, Graham Donoghue …
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Send us a Text Message. The vacation rental industry has seen capital flooding into the market. With this growth comes growing pains like chargebacks, fraud, and cancelations as well as policy changes at OTAs like VRBO, Airbnb and even google listings. In this episode, we sat down with Vacation Rental technology specialist and Professor Amber Carpe…
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Send us a Text Message. Unfavorable laws throughout the United States are being purposed to limit, ban and hamper short term rentals. Rather than just reacting to legislation that threaten the livelihood of those in the vacation rental business, many local groups are organizing to help prevent the spread of such laws. Listen as Steve Milo, Miriam R…
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Send us a Text Message. On Line Travel agents such as Expedia, Booking.COM and Air B NB are growing and working on acquiring inventory, expanding reach through new technology ventures and making strategic acquisitions. No matter how you slice it, the market share for the alternative housing market is getting competitive and gaining outside interest…
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Send us a Text Message. This BRAND NEW podcast about the Vacation Rental world, pulls the curtain back on the on the REALITY of the business. In an industry where homeowners entrust their valuable properties to us and guests rely on us to create memorable vacation experiences, real talk becomes a fundamental aspect of our business. Real talk means …
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Send us a Text Message. In this installment, we will see what happens when you DO and DO NOT prune relationships in the legislative wing of the government. Steve Milo continues the discussion about the challenges about the vacation rental business as it relates to government overreach. See what happens when Steve Milo and Tiffany Edwards secure a p…
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Send us a Text Message. This week Steve and Miriam speak with vacation rental insiders & advocates Tiffany Edwards and Jeannie Dailey. Part one covers the cost that owners pay when a markets looses heat and as a result get burned. In the high steaks of property management, companies that loose sight of the target become riddled with problems. #vaca…
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Send us a Text Message. This week Steve and Miriam speak with vacation rental insiders & advocates Tiffany Edwards and Jeannie Dailey. Part one covers the cost that owners pay when a markets looses heat and as a result get burned. In the high steaks of property management, companies that loose sight of the target become riddled with problems. #vaca…
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Send us a Text Message. This week Steve and Miriam speak with vacation rental insiders & advocates Tiffany Edwards and Jeannie Dailey. Part one covers the cost that owners pay when a markets looses heat and as a result get burned. In the high steaks of property management, companies that loose sight of the target become riddled with problems. #vaca…
  continue reading
 
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