A short YouTube monologue by Mark Simpson advising hospitality business owners to be proactive rather than reactive. He emphasizes strong post-lockdown travel demand, the relative ease of generating bookings in hospitality (e.g., listing on sites like Airbnb), and notes Airbnb’s call for millions more hosts to meet demand.
Chapters
One of the worst things as a business owner that you can do is to be reactive, to just wait for that email to come in and say booking. That's the worst thing that you can do. Because in hospitality we are very, very, very, very, very, very, very lucky. There is no other business in the world, no other career where you can create a business, open the doors to it, list it on one two free websites and pretty much be guaranteed as long as your pictures are alright, guaranteed to get in revenue. With hospitality, you've got that. Because we are so in demand, especially now where we are in the world, coming out of lockdown, there's some pent up demand to go traveling and again it very much is very much market specific where you are in the world, et cetera, et cetera, but there is a massive demand for it. And so Airbnb have come out and said, listen, we need 1 million, we need millions more hosts to cope with the demand and it's a blessing and a curse.