Charting Altido’s Blueprint for Success with Will Parry

Join Jamie Lane, AirDNA’s Chief Economist, as he chats with Will Parry, Co-founder and CEO of Altido, a leading property management company in Europe. Explore Altido's journey from its beginnings with the London Residence Club to its remarkable expansion and recent acquisition by the Italian residential operator, DoveVivo.

Will takes us through the challenges and opportunities faced by Altido during the tumultuous pandemic times. He discusses how Altido navigated the complexities of the short-term rental market, adapted its business model, and managed to not only survive but thrive in the aftermath. From the initial impact on urban-focused operations to the subsequent resurgence of travel in 2022, Will shares the strategic decisions that propelled Altido forward.

Looking ahead to 2024, Jamie and Will delve into evolving travel trends, the recovery of international tourism, and the unique factors contributing to the success of the short-term rental industry. Learn about Altido's focus on providing distinctive and experiential stays, aligning with the preferences of modern travelers. This episode offers valuable insights into the resilience of the short-term rental industry and the strategic vision that positions Altido for continued growth and success.

You don’t want to miss this episode!

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LinkedIn: https://www.linkedin.com/in/jamiehlane/

Twitter: https://twitter.com/Jamie_Lane

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Up Next:

Best Places to Invest in 2024 With Scott Sage

In this episode, Jamie Lane, Chief Economist at AirDNA, welcomes Scott Sage, the new co-host for the podcast, as they discuss AirDNA’s latest report for the “Best Places To Invest For 2024”.

We dive into Scott's background at AirDNA and his experience in the short-term rental industry, setting the stage for the discussion on these investment opportunities. Scott shares his journey from being an AirDNA customer to leading the marketing and customer experience team. He emphasizes the importance of understanding individual investment criteria and shares his own framework based on affordability, traveler demand, and regulation risk. They touch on the methodology behind the report, sharing insights on various components such as rental demand, revenue growth, investability, and regulation.

This year’s report suggests a potential stabilization of the short term rental market in 2024, following declines in revenues and occupancies over the past years. Jamie and Scott analyze the macro landscape for 2024, exploring housing market trends, interest rates, and short-term rental investment projections. They touch on the challenges faced by the industry in recent years and express optimism about the potential turning point in 2024. The episode also introduces a tool that caters to personalized investment strategies inside the AirDNA App.

Tune in for valuable insights into the evolving landscape of short-term rental investments!

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Best Places To Invest In For 2024

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Signup for AirDNA for FREE👇

https://app.airdna.co/data

~~~~

Connect with Jamie on LinkedIn and Twitter:

LinkedIn: https://www.linkedin.com/in/jamiehlane/

Twitter: https://twitter.com/Jamie_Lane

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