This is a short transcript excerpt from a video discussing the profitability of businesses adjacent to short-term rentals. The speaker suggests that ancillary services (cleaning, linen hire, maintenance) can sometimes be more profitable than the rentals themselves and that controlling those services offers a competitive advantage.
Sometimes, you know, I look at the businesses around short term rental and I actually think, are they making more money than the short term rentals? Sometimes you look at the cleaning, the linen hire, the maintenance, you know, all of these subsidiary businesses. And hey, you know, if. If I had enough energy to do, to look after all of that, I would love to have the control because that just gives you such a, you know, such a foot up compared to everyone else.
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