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Coming to Dallas for more than a month? - Live in comfort, not a hotel
Coming to Dallas for more than a month? - Live in comfort, not a hotel
When weary from the road and longing for home, countless travelers settle for "living in a hotel". No longer is this…
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2K followers
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Caleb P. reposted thisCaleb P. reposted thisThe Chief Economist of AirDNA just told me something that should worry every hospitality operator. My latest guest on STR Global Unlocked was Jamie Lane. He has been studying travel demand data going back to the 1920s. And he's one of the leading voices on the future of short-term rentals. Everyone in our industry is talking about AI tools and automation. Jamie asked a much bigger question: What happens to hospitality when AI starts changing the economy itself? Here's the part most operators miss: Travel demand doesn't come from nowhere. It's downstream from productivity and disposable income. When people have jobs and money, they travel. When uncertainty hits, travel is the first thing they cut. So the real question isn't "which AI tool should I use?" It's "what will AI do to my customer's wallet?" In this episode we break down: → The 4 economic scenarios that could reshape travel over the next decade → Why the middle market is the most exposed (and who quietly wins instead) → The one thing you should never automate in hospitality My favorite line from the conversation: In a world of more automation, people will pay even more for human connection. Automate the wrong part of your business, and you erase the exact value people came for. Full episode is now live. Link here and in the comments. https://lnkd.in/erpRXmGr
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Caleb P. reposted thisCaleb P. reposted this“Marriott is getting into the rental apartment business. For the first time, the company will lend its brands to buildings whose customers are tenants, not condo buyers. It’s a departure for a branded residential business long built on selling units.” I see it not as a departure, but as an “&” where the residence model is creating another high margin, asset light growth engine for a large, established asset class and part of the market where branded residences may be less compelling for certain Marriott brands such as “W.” It is a safer, risk-adjusted way to test the waters on leased apartments and which could later lead to branded residences should demand prove that out as well for non-luxury, lifestyle brands like “W” but otherwise, is still a scale asset-light real estate play and one large enough globally long-term to move the needle on earnings for a company of Marriott’s size. If loyalty points come into play, Marriott starts “competing” with Bilt who pioneered the category with points for rental payments as well but both have more upside than a fixed pie to fight over, though that could change quickly over the course of a few years given Marriott’s size and scale and that if successful, Hyatt, Hilton, IHG, Accor, etc., may follow suit.Marriott to Enter Branded Apartment Rentals: W Hotels Comes First in 2027Marriott to Enter Branded Apartment Rentals: W Hotels Comes First in 2027
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Caleb P. reposted thisCaleb P. reposted this“Airbnb is not the enemy.” 🚨 That’s literally the title of my latest podcast with Boutique Hotel News, and I couldn’t agree more! I sat down with the brilliant Eloise Hanson from Boutique Hotel News to talk about: The real momentum for our hotel strategy at Airbnb How we’re looking to disrupt traditional distribution (and how we’re not) The major advantages for hotels listing rooms on Airbnb The misconceptions hoteliers still have about Airbnb If you’re a hotelier or just curious about how Airbnb can be partners with hotels, not rivals, give it a listen: https://lnkd.in/gqZeDW9rAirbnb is not the enemy: Jesse Stein on the platform's hotel strategyAirbnb is not the enemy: Jesse Stein on the platform's hotel strategy
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Caleb P. reposted thisCaleb P. reposted thisMost short-term rental safety failures don't come from the risks hosts are watching for. They come from the ones nobody identified until it was too late. June is National Safety Month, so the Texas Short-Term Rental Association (TXSTRA) is hosting a special webinar with Justin Ford, the industry's leading voice on STR safety and risk management. 📅 June 11 at 1:00 PM CT Justin, Director of Safety & Certification Programs at Breezeway, will cover: • The hazards hosts and operators commonly overlook • Practical ways to reduce liability exposure • Emergency preparedness best practices • How safety builds guest trust and protects your business At its core, hospitality is about taking care of people. Responsible hosts don't view safety as a box to check—they see it as a fundamental part of delivering a great guest experience. Whether you manage one property or hundreds, this session will provide practical steps to help protect guests, reduce risk, and raise the standard for our industry. Hope you can join us. Registration link in the comments.
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Caleb P. reposted thisCaleb P. reposted thisToday's announcement from Zillow confirms what sellers have been telling the industry for years: they want more control over how they enter the market. MLSs were once criticized for putting listings on the internet before sellers were ready. Some MLSs responded by adjusting the rules, and rightly so. The contradiction now is that some of those same critics are building new infrastructure that expands consumer access to pre-market listings before sellers are ready for broad public exposure. At UnlockMLS & Austin Board of REALTORS®, we chose a different path. Flex by Unlock MLS gives sellers a private runway inside the MLS, where a listing is visible to licensed real estate professionals in Central Texas while the seller decides if and when it appears on public websites. That is what a seller’s choice should look like: control over when a listing goes public without restricting exposure to a limited private network or forcing it to be available to everybody on the internet. We're watching today's announcement closely, including how Zillow Preview will interact with MLS rules across different markets. What is clear already is that the right answer for Central Texas sellers is not a national pre-market product or a private network’s exclusive inventory. It is a cooperative marketplace that puts the seller in control from day one. Flex by Unlock MLS is that marketplace. #austinrealtors #austinrealestate #atx
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Caleb P. reposted thisCaleb P. reposted this230+ hosts, operators, and stakeholders joined us last week for an introduction to the Texas Short-Term Rental Association (TXSTRA) and discuss the State of Short-Term Rentals in Texas from Airbnb and Vrbo / Expedia Group's public policy teams (thank you to the Rent Responsibly for helping us put it all together!). The core message was simple: Responsible hosting isn’t optional. It’s foundational. Not because most operators aren’t already doing the right thing — many are. But because public perception and policy are shaped by what communities see. And what they see matters. We walked through the fundamentals (slides attached): ✍️ Get permitted where required 💰 Pay the correct hotel occupancy taxes 🧯 Install and maintain safety devices (we had a shoutout to Justin Ford and Breezeway's Safety Program, link in comments) 💥 Use privacy-compliant tools for noise monitoring such as Minut, since noise drives 75% of neighbor complaints ☎️ Have a real 24/7 response plan 🚙 Set clear expectations around parking, noise, and trash 🪧 Clearly disclose and follow the rules on noise monitors and exterior cameras (we mentioned using those to check parking and trash management) When properties are well-managed, neighbors notice. 😁 When standards are clear, policymakers gain confidence. ✅ And when hosts are organized, conversations become more constructive. 🗣️ TXSTRA exists to connect operators across Texas, share best practices, and ensure responsible hosting translates into a real seat at the policy table. Professionalism → credibility → influence. If you’re operating in Texas and not yet plugged in, now is a good time. Join now or sign-up for updates: https://texashosts.org/ #TXSTRA #TexasSTR #ResponsibleHosting #ShortTermRentals #HospitalityLeadership
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Caleb P. reposted thisCaleb P. reposted thisU.S. hotel demand fell by 6.2 million room nights in 2025 compared with 2024. Yet when you factor in short‑term rentals, total accommodation demand actually increased 0.4%, driven entirely by the continued surge in rental stays. When we combine data with our friends at AirDNA, we see: 🔷 Short‑term rentals added 10.6 million room nights sold in 2025. 🔷 Short-term rentals’ share of all accommodation demand grew to 15.4%, up from 9.9% in 2019. 🔷 Since 2019, U.S. short‑term rental demand has grown 62%, while hotel demand has declined over the same period.
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Caleb P. reposted thisCaleb P. reposted thisTwo of multifamily's top proptech companies are in a standoff. EliseAI (AI-first) vs Funnel (CRM-first). Operators using both are stuck in the middle: EliseAI and Funnel weren't historically competitive. The former was founded in 2017. They used AI for after-hours leasing requests and expanded to resident communications. 24 of the top 25 owners use at least one Elise product, leading to a $2B valuation. Funnel was a CRM built for centralized operations. They replaced RentCafe's building-specific silos and raised $32M for a Series B. 9 of the top 15 operators use them, with 1.5M + units. For years, they co-existed. Funnel was where humans managed prospects. Elise automated top of funnel conversations. The platforms integrated, data flowed between them and operators used both. Then, EliseAI launched EliseCRM. Free to all customers and positioned as "AI-first CRM." On the flip side, Funnel invested heavily in AI tools. They acquired LeaseHawk and partnered with Sierra to launch a conversational AI suite, now live across 2M units - competing directly with Elise's core product. Now, the companies are trading threats, with the looming possibility of integration being cut off - leaving operators stuck in the middle. We go into the details of the back-and-forth in this week’s Thesis Driven, but it’s worth looking at the bigger picture: The standoff represents two visions for multifamily operations: 1/ AI-first (EliseAI): AI agents take over decisions. Automation is at the center. The agent-facing CRM is secondary infrastructure. 2/ CRM-first (Funnel): AI operates "inside real operational workflows, not as an agent that takes over decisions in a black box." Multifamily finally has tech that moves the needle. AI and centralization, both fringe concepts in the mid-2010s, are now the most important trends in operations. But when companies with critical mass encroach on each other's turf, operators pay the price. I’m watching how this gets resolved. This is more than a proptech squabble. It's a proxy battle for how AI reshapes multifamily operations over the next decade. Full analysis in the latest Thesis Driven newsletter. Link in comments.
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Caleb P. liked thisGreat news for the Texarkana region! The recently approved property exchange between the City of Texarkana, Texas, and the Texas A&M University System is a textbook example of how innovative public-public partnerships can drive local economic growth. By transferring the Texarkana Golf Ranch property to Texas A&M University-Texarkana, we are securing a permanent home for the university's men’s and women’s golf programs, while preserving a premier public recreational asset. The long-term opportunities this creates for TAMUT students are substantial. Having a functional enterprise right across the street from campus opens the door for hands-on, experiential learning and potential academic expansions, think specialized program concentrations in hospitality, sports management, or turfgrass science, alongside direct student employment opportunities. Equally impactful for our local economy is the city’s acquisition of 138 acres of non-floodplain land designated for future residential development. This moves a critical piece of property toward the private sector, expanding our regional housing supply and ultimately strengthening the local tax base. When higher education and municipal leadership align their strategic goals, the entire community wins. This project creates a stronger workforce pipeline, elevates our quality of life, and opens new doors for sustainable residential growth. It is a phenomenal time to live, work, and build a future in Texarkana, USA!City, A&M-Texarkana to swap Golf Ranch, land for housing development | Texarkana GazetteCity, A&M-Texarkana to swap Golf Ranch, land for housing development | Texarkana Gazette
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Caleb P. liked thisCaleb P. liked thisTexarkana AR / TX airport just landed over $100M in expansion funding. Most people scroll past that as a local news headline. If you're in CRE, it's a leading indicator. New $52M terminal. New runway and taxiway work. A new MRO facility in the pipeline. An aircraft-painting company already moved in. Amazon opened next door. Every hangar on the field is full with a waiting list. I've watched this movie before. BMW's 1992 decision to build in Greenville Spartanburg was contingent on that airport extending its runway for transatlantic cargo planes cargo volume jumped 344% the year BMW started operating, and the corridor around that airport is now one of the hottest industrial submarkets in the Southeast. Fort Smith is doing it right now, closer to home, with a new 400-acre airpark. Airport investment isn't a lagging indicator for demand it's a leading one. As industrial, logistics, and aviation-services tenants move in, lease rates on the surrounding land and flex space tend to climb well before anyone builds new supply to meet it. If you're looking to get ahead of it, watch the industrial land near the airport, watch the terminal corridor for hotel/retail follow-on, and watch for the first real tenant to commit that's the signal that matters more than the dollar figure. Texarkana is one to watch.
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Caleb P. liked thisCaleb P. liked thisNew York City told short-term rental companies to get lost. Airbnb is putting down roots anyway. The San Francisco-based company acquired 281 Park Avenue South, a landmarked building one block north of Manhattan’s exclusive Gramercy Park. Airbnb paid $81.5 million for the six-story building, according to a person familiar with the matter. The purchase, Airbnb’s first in New York, comes as the company continues to lobby local and state officials for loosening of the city’s strict restrictions on short-term rentals. Airbnb, which currently leases office space in lower Manhattan, said it purchased the 42,500-square-foot office building in Manhattan’s Gramercy neighborhood as a roomier gathering spot for its employees. The company employs more than 600 workers in the New York area. 🔗 Read our exclusive: https://on.wsj.com/3R4YLDa
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Caleb P. liked thisCaleb P. liked thisThe Chief Economist of AirDNA just told me something that should worry every hospitality operator. My latest guest on STR Global Unlocked was Jamie Lane. He has been studying travel demand data going back to the 1920s. And he's one of the leading voices on the future of short-term rentals. Everyone in our industry is talking about AI tools and automation. Jamie asked a much bigger question: What happens to hospitality when AI starts changing the economy itself? Here's the part most operators miss: Travel demand doesn't come from nowhere. It's downstream from productivity and disposable income. When people have jobs and money, they travel. When uncertainty hits, travel is the first thing they cut. So the real question isn't "which AI tool should I use?" It's "what will AI do to my customer's wallet?" In this episode we break down: → The 4 economic scenarios that could reshape travel over the next decade → Why the middle market is the most exposed (and who quietly wins instead) → The one thing you should never automate in hospitality My favorite line from the conversation: In a world of more automation, people will pay even more for human connection. Automate the wrong part of your business, and you erase the exact value people came for. Full episode is now live. Link here and in the comments. https://lnkd.in/erpRXmGr
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Caleb P. liked thisCaleb P. liked thisHospitable just became the first property management system to automate lodging tax compliance across all 50 US states. Registration, calculation, filing, remittance. All of it. Across state, county, and municipal jurisdictions. Here's why this matters more than it sounds. When you book on Airbnb, lodging tax is invisible. The platform handles registration, collects at checkout, files quarterly, remits on your behalf. You never think about it. The moment you take a direct booking, you're the tax expert. Different rates in every county. Different filing deadlines. Different registration thresholds. Miss one and you're non-compliant in a jurisdiction you didn't know you needed to register in. Hospitable has already remitted $4.5 million in taxes on behalf of hosts. That's not a feature launch. That's infrastructure. This is the gap that doesn't get talked about in the direct booking conversation. Everyone focuses on the booking engine, the website design, the guest experience. All of that matters. But operational friction is what actually determines whether a property manager scales to 20 properties or stalls at 5 and consolidates back onto a platform that handles the invisible work. I've seen this pattern in e-commerce. The platforms that win aren't the ones with the best storefront. They're the ones that quietly remove every invisible piece of complexity between "I want to sell" and "I'm selling profitably across 50 states." Tax compliance is one of those invisible pieces. Hospitable just automated it end to end. That's not a feature. That's a moat.
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Caleb P. liked thisCaleb P. liked thisCould've sent an email... but this seemed more fun. 😏 Hospitable Essentials is FREE. Core hosting tools, day-to-day operations, $0.
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Caleb P. liked thisCaleb P. liked this“Marriott is getting into the rental apartment business. For the first time, the company will lend its brands to buildings whose customers are tenants, not condo buyers. It’s a departure for a branded residential business long built on selling units.” I see it not as a departure, but as an “&” where the residence model is creating another high margin, asset light growth engine for a large, established asset class and part of the market where branded residences may be less compelling for certain Marriott brands such as “W.” It is a safer, risk-adjusted way to test the waters on leased apartments and which could later lead to branded residences should demand prove that out as well for non-luxury, lifestyle brands like “W” but otherwise, is still a scale asset-light real estate play and one large enough globally long-term to move the needle on earnings for a company of Marriott’s size. If loyalty points come into play, Marriott starts “competing” with Bilt who pioneered the category with points for rental payments as well but both have more upside than a fixed pie to fight over, though that could change quickly over the course of a few years given Marriott’s size and scale and that if successful, Hyatt, Hilton, IHG, Accor, etc., may follow suit.Marriott to Enter Branded Apartment Rentals: W Hotels Comes First in 2027Marriott to Enter Branded Apartment Rentals: W Hotels Comes First in 2027
Experience
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Volunteer Experience
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Community Leader
Airbnb
- Present 3 years 7 months
Economic Empowerment
Leaders bring Hosts together in local Host Clubs to collaborate, share, and collectively grow with Airbnb in many different ways.
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YPN Board Member at Large
Austin Board of REALTORS®
- 3 years 1 month
Economic Empowerment
The ABoR YPN Advisory Group is comprised of members whose purpose is to create a diverse membership base, generate a forum for professional networking and professional education. Members work together to promote civic involvement in the Greater Austin area by cultivating volunteer and fundraising opportunities.
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Organizer
Startup Weekend
- 2 years
Economic Empowerment
Pitch an idea, form a team and become part of the world’s largest entrepreneurial community in 54 hours. Startup Weekend is a global network of passionate leaders and entrepreneurs on a mission to inspire, educate, and empower individuals to pitch and develop their idea for a business.
https://www.techstars.com/communities/startup-weekend -
Board Member
LNKTXK
- 6 years 1 month
Economic Empowerment
Promoted the retention, education and growth of diverse young professionals through networking, education and volunteerism events.
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Volunteer Staff
Team Better Block
- 6 months
Economic Empowerment
Over 40 businesses “popped up” along with temporary landscaping and bike lanes as a visioning exercise to promote the redevelopment in historic downtown areas affected by public and private disinvestment.
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Elder Escobar
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DUAL Workshop
SB 840 Alert: What Every Dallas Multifamily Developer Must Do First If you’re planning a multifamily project in Dallas, here’s a critical update you can’t afford to miss. Effective September 1, 2025, projects located in a PD (Planned Development), HD (Historic District), CD (Conservation District), or Article XIII Form District now require an enhanced consultation with the City’s SB 840 screening team. 🔷 This step is required before you apply for permits. 🔷 The consultation determines whether SB 840 applies to your site. 🔷 You’ll receive an official determination letter following the review. What does this mean for you: ⬇️ 🔹 If your site falls in one of these districts, don’t skip this step or risk costly delays. 🔹You must submit a pre-application screening request through the City’s State Laws Info Page. 🔹City staff will then coordinate your enhanced consultation with the SB 840 team. At DUAL Workshop, we understand how easily regulatory changes can derail timelines and budgets. As architects and developers, we help our clients stay ahead of these requirements so that their projects can continue to move forward without any surprises. If you’re unsure whether SB 840 applies to your site, contact us. We can help you navigate the process before you encounter any bottlenecks.
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