Ep 63 - Growing a Sustainable and Profitable Hospitality Company with Simon Lehmann
GUEST'S BIO
Simon is one of the world’s foremost experts on short-term rental and vacation rental. He leads AJL Atelier, a specialized vacation rental and business consultancy while also advising multiple companies as Board Member and Executive Chairman. A sought-after speaker, panelist and moderator, Simon loves to broach high-level and technical topics alike, from the future trends of short term rental to the specifics of online distribution in the top 5 OTAs. Previously, Simon was the Co-Founder & Chairman of Vacasa Europe, former President of PhocusWright, and ex-Board member of HomeAway, to name but a few. He’s also an accomplished operator, having led Interhome, Hotelplan Group and Swissport as CEO.
HIGHLIGHTS OF THE EPISODE
04:36 Simon Lehmann introduction and background
05:59 How Simon started in the hospitality industry
08:11 Transitioning from being an executive vice president of an airport ground company to a CEO of a vacation rental company
11:21 Simon shares his vacation rental journey
14:04 What is AJL Atelier?
14:42 Simon shares his tips for those who are starting their STR business
18:14 E shares his experience when he first started his STRs
20:20 Bridging traditional hotels and the vacation rental spaces
29:37 Simon's insight about traditional hotels acquiring STRs
33:21 The best business model to use in starting your STR business
37:00 Building a management company and selling it
42:45 Demand vs supply
43:31 Taking a balanced approach from owners to guests
45:45 How to connect with Simon
46:41 Simon's #1 secret to success with STR
50:23 Acknowledgments to Simon
NOTABLE QUOTES
"There is no one size fits all, we need to be flexible." - Simon Lehmann
"The demand is here but we need to professionalize." - Simon Lehmann
CONNECT WITH THE GUEST
Simon Lehmann: Clubhouse | Instagram| Linkedin
AJL Atelier
CONNECT WITH THE HOSTS
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/the_airbnbguy
Emanuele Pani: Clubhouse| Instagram| Facebook | Linkedin
FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass
