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How To Build A $400k / Month Business Managing Luxury AIRBNBS In Tulum
Jan 30, 2025
In this engaging conversation, Alex Vilera, co-founder of Loco Luxury—and former Club Med employee—shares his inspiring journey into the luxury Airbnb scene in Tulum. He discusses how chance encounters catapulted him into success and the importance of client relationships. The intricacies of managing high-end properties are unveiled, alongside innovative strategies for attracting affluent clients. Lastly, Alex emphasizes the significance of celebrating small wins and leveraging connections for business growth. Tune in for valuable insights on entrepreneurship!
45:20
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Quick takeaways
- Alex and Nico leveraged their hospitality backgrounds to seamlessly transition into luxury property management, showcasing the importance of adaptability in business.
- The partnership emphasizes the value of complementary skills, as Alex drives creativity while Nico ensures operational efficiency for sustainable growth.
Deep dives
Building a Luxury Property Management Business
Local Luxury manages over 12 high-end properties in Tulum, valued at over $45 million. The founders, Alex and Nico, shifted from their previous careers in Canada to focus on a business that offers upscale vacation experiences. They aim to create an impressive portfolio of luxury properties in picturesque destinations worldwide. This shift to the luxury market was initially accidental but quickly turned into a passion for managing stunning real estate that provides exceptional travel experiences.
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