The Ultimate Staycation!

The Ultimate Staycation is a second home in the same city. I literally can’t make this stuff up. I have an idea that sounds crazy to most… I explore the topic by Googling it and wallah… others are doing the same!

Four years ago the Wall Street Journal wrote an article describing how couples from New York to Florida to California are pursuing this trend. Here are a couple of examples from the article:

  1. Different neighborhoods have different experiences,” said New York City real-estate agent Shaun Osher of Core, who said he has several clients with more than one home in the city. “If you walk on the street in the West Village, it’s like a different world to the Upper East Side.” EXACTLY!
  2. Empty-nesters Alan and Sue Ravitz live primarily in a one-bedroom apartment in Manhattan’s Gramercy Park neighborhood. Instead of buying a larger home, “we thought it would be much more fun to have a completely different environment in the city for us to experience,” said Ms. Ravitz, 58. YEP!

See also: 👀 After rash of racist incidents, Airbnb partners with NAACP to help Black people cash in (The  Grio) #airbnbwhileblack

World 3.0, Yahoo Style

World 3.0. That’s Katie Couric’s new Yahoo series that highlights, “Leaders in technology, health, philanthropy and business share the secrets of their success and the innovations that are improving, and in some cases disrupting, their industries.”

5791f54379a8ce488f753ca7f31013d4The Economist wrote about Technology being an enabler of The Sharing Economy back in 2013 and Katie’s spotlight is on, probably the most controversial compan, flirting with (and making a fortune off of) this concept today. Airbnb is a site that allows ordinary people all around the globe to rent spaces in their homes or apartments for short periods of time. New York, among other municipalities have taken issue with this service and have taken Airbnb to court.

“When you have people in your home, you’re a person. The second you charge one person, on weekend, you’re a business” and as such you have to be regulated the same way as hotels are, due to existing [antiquated] laws on the books. Brian Chesky, CEO, wants to create a 3rd category, which will create special legislation, in cities like Portland and Seoul, to allow owner/renters to make profits off of their spaces.

Brian is on a mission to transform the travel industry and Airbnb will become “more than just a place to stay.” As much as I love to travel I’m all for it! Click the picture below to watch the discussion.