Who never dreamed of a vacation home near the beach or mountains?
A “stopper” for most people is the price and hassle of maintaining such a property.
Startups like Pacaso are trying to solve this with fractional ownership.
I deep-dived into it and hired a researcher to help make me a list of 100+ startups doing something similar.
The list looks like this:
Let me share with you some discoveries that surprised me.
But first things first.
What is fractional ownership?
Instead of owning and managing one vacation rental, you own just a fraction of it, and someone else takes all the hassle of property management.
These startups are replacing:
When I looked at the websites of these startups, they always fit one of these 3 categories:
1. “Own a second home” (34 out of 110 startups on my list)
2. “Own a second home and rent it on Airbnb”(42 out of 110)
3. “Invest into a vacation rental to create a passive income”(33 out of 110)
Let me know if you are building something interesting in this niche.
Also, if you are interested in the list of those startups, you can access it here.
You have to chip some $$ to help me cover my research expenses. I also don't want too many people having access to this list.
I created the first coworking and coliving space for digital nomads. It went well until it didn't. We closed it and I started to focus on building a productized service for companies that organize offsites.
This one went better and together with an amazing team I work on it on daily basis. We built a solid booking channel for hotels, I talk about it quite often in the Hotel Nuggets newsletter.
Around 2019 I started to play with an idea of building a coworking cabin. My plan was to operate hundreds of them across Europe. Then Covid came to say hello and I pivoted this project into Epic Monday - a site full of resources for people who are planning to start a glamping business.
Once I'm passionate about something, I deep dive into the topic, run tons of experiments and sometimes come with monetization ideas (not always, unfortunately).
Hoodpicker started as simple survey, then I created a tool to compare neighborhoods in Lisbon and now it's a set of tools for people who want to invest into real estate in Portugal.
I constantly research ideas that combine hospitality, real estate and tech. And share them in my personal newsletter. You can subscribe now:
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"Really cool newsletter. Thanks for sharing. Too many interesting ideas to work on."
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"Very comprehensive. Not working directly on the space anymore, but following your content closely as it is so engaging actionable and without noise 🙏"
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