Black Swan Asset Management

Few issues are as divisive among short-term rental hosts, property managers, online travel agencies and guests as refund policies following hurricanes, wildfires, and pandemics. The issue will only get more heated as the earth does likewise. Consider what recently happened in Maui when Airbnb and Vrbo overrode hosts refund policies, and mandated that guests get […]

You read it here first: There are stories of “software eating the world” and leaving a dust trail of fallen companies behind. This is not that story. This is about a tech company and property manager that failed, and a leader who learned a hard lesson about skills and market demands.  Presented by The Skift Short-Term Rental […]

The DJIA ended the day down 58 points while Nasdaq was up 46, the S&P 500rose 6 points and the 10-year treasury yield was flat at 3.98%. Lodging stocks were modestly higher. The only mover of note was MCG, up 18%. Membership Collective Group reported strong 4Q results, a profitable quarter, today. In the earnings report they disclosed they would be changing their […]