Today @Airbnb announced its planning to increase the guest service fee by 1.5% to 2% for cross-currency bookings msn.com/en-ae/money/co…
In their Q3 earnings call they disclosed that cross-boarder trips represented 45% of their nights booked.
We estimate that 42% of nights…
No doubt this a strategy that will provide greater returns, portfolio resilience and a complementary skillset to propcos -Becoming an opco-platform owner is one critical way in which larger players are taking advantage of their scale and boosting returns mck.co/3YudipL
Great insights on the future of office reconversions and challenges. Example - 180 Water Street in NY, a modern functional office building that is now a multifamily success. Here’s How to Solve a 25-Story Rubik’s Cube - The New York Times nytimes.com/interactive/20…
Choosing to grow: going in-adjacent verticals by leveraging your core, setting the stage for JV’s/M&As while investing in talent and building the right mindset. Good article with questions that can be thought and executed in one’s life too. mck.co/3jbENph via @McKinsey
Excellent analysis. Every quoted property company trades at a hefty discount to net asset value, reflecting the inherent illiquidity. To have investors piling in at NAV is a hell of a trick. ft.com/content/a0fcd0…
José Andrés: Top interview to a top human being nominated for the Nobel Peace Prize in 2019. He has helped feeding thousands in the midst of the worst crisis in the last years mck.co/3sW1gbx via @McKinsey
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