Financial sustainability is the key to the future of the vacation and short-term rentals industry. Instead of seeking out high-growth enterprises, investors are interested in positive cash flow and profitable property management businesses. The companies that grew big and burned cash are now a passing trend.
“Competition is on the rise, while we are globally faced with high inflation, rising interest rates, and a slowing economy,” says AJL Atelier’s Simon Lehmann. “All considerations affect our industry, but it’s also proven to be resilient.”
