Whimstay is in Skift recent article titled “Short-Term Rentals See Last Minute Bookings Rise But at Lower Rates” which highlights the companies leading the way in this emerging vertical.
Recently, journalist Srividya Kalyanaraman interviewed Whimstay CEO David Weiss for her latest article about the increase in last minute bookings and its effect on the short-term rental market. “In the era of slow travel and quicker planning, those who wait until late might win,” states Kalyanaraman.
Weiss affirms these insights as he shares about recent advancements at Whimstay and opportunities for continued growth. “More of our PMC partners are experiencing pressure on occupancy rates, RevPAR, and profitability,” says Weiss. “Whimstay helps to alleviate that pressure by booking last minute nights that would have otherwise gone unrented. We see travelers impacted by a slowing economy, inflation, including high airfares, and higher interest rates. In addition, there’s been overall negative sentiment, real or perceived. At the same time, we see many property managers impacted by higher booking fees from the larger sites and high labor, cleaning, and maintenance costs. Therefore, our value prop applies to travelers and property managers.”
Click here to read Skift’s article about the rise in last minute bookings.
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