PMS's Capitalize Operators, Going Deep vs Going Wide, Awning Acquired

In this episode, Brandreth Canaley, Michael Goldin, and Wil Slickers discuss the strategic acquisition by RedAwning of the property management startup Awning, a move that underscores the consolidation trend in the short-term rental space.

We also explore Hostaway's new initiative to offer financial services tailored for short-term rentals, enhancing operational efficiency for property managers.

Additionally, we delve into the criteria for selecting travel tech vendors, weighing the benefits of broad versus niche solutions in a rapidly evolving market. Join us as we unpack these developments and their potential impacts on the future of travel and hospitality.

This episode is brought to you by our partners at sojo! sojo is the gift that keeps on giving, so grab your 30 days of sojo amenities and check out their gifting program for owners and guests alike!

This episode is also brought to you by Good Morning Startups, where hospitality startups and media intersect! Reach out if you're a hungry startup looking to accelerate your growth through trusted industry professionals!

Mentioned in the show:

• Expedia's "Path to Purchase" Report: https://partner.expediagroup.com/en-us/resources/research-insights/path-to-purchase

—

Good Morning Hospitality is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love Behind The Stays with Zach Busekrus, which comes out every Tuesday & Friday, wherever you get your podcasts!

This show is structured to cover industry news within all of travel/hospitality and is recorded live every Monday morning at 7 am PST/10 am EST, so make sure you tune in during our live show on our social media channels or YouTube and join the conversation, live!

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!

Learn more about your ad choices. Visit megaphone.fm/adchoices