GMH EU: Digital Nomads on the Rise & Shifting STR Preferences

Good Morning Hospitality

In this episode, Europe Crew, Leo and Sarah discuss the growing impact of digital nomads, particularly in Latin America, and how this trend could affect Europe. They highlight the economic benefits of these remote workers, such as increased spending in local economies and collaboration with local businesses, which have led to positive knock-on effects in cities like Mexico City and Medellín. Leo and Sarah explore how Europe might embrace this shift and integrate digital nomads into its short-term rental market to boost growth while addressing concerns around housing availability.

The episode also covers the growing preference for STRs over hotels, supported by data showing increasing customer loyalty and satisfaction with STRs due to factors like location flexibility, affordability, and suitability for longer stays. As the hospitality industry adapts to post-pandemic travel patterns and the evolving needs of both leisure and business travelers, Leo and Sarah discuss what these shifts mean for operators and how STRs are gaining traction globally.

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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!

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