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The Roami Rebrand & Capital Raise

We are putting our co-host, Brandy Canaley, and Andreas King-Geovanis in the hot seat as our guests this week to uncover the story behind the rebranding (previously Sextant Stays) to Roami and how raising capital has and will impact their business in the current industry landscape!

Industry News: 

  • SVB Closes : The 2nd biggest bank crash in history (link)
  • Signature Bank also closes March 12th 
  • BC: impact on tech companies in hospitality? 
  • Significance for fundraising environment 
  • Actual systemic failures vs singular example of a poorly run mid-size bank
  • Fed intervention to prevent general panic rather than actual need to save the financial system

  • Storied Collection (Michael Goldin, Co-Founder) was featured on CNBC! Highlighting their business and unique proposition for historic travel. (Link)

AirDNA’s Fact of the Week: 

What short-term rental markets are seeing the most demand this year? 

  • Small city, suburban, and mid-sized cities have the highest growth rates at around 20% YoY growth based on January data. 
  • Urban and mountain locations grew 15% YoY lagging only slightly behind. 
  • This includes cities like Scottsdale, AZ, Las Vegas, NV, Palo Alto, CA and Breckenridge Colorado. 

Show Notes: 

  • HFM Merch Store! 
  • 10% off for GMH listeners that use this link
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AirDNA also joins GMH as a sponsor! Register for a free account, then search the market you want to purchase and enter the discount code: GMH20 at check-out!

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