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Technology Leverages Data to Inform Property Managers

The US revenue in the vacation rental market was projected to exceed 13 billion in 2018 and as demands increase, the all-year vacation rental properties will increase correspondingly.

YC Chung Chung says bringing transparency and automation to the industry starts with building trust.

SEATTLE—The sheer size of the vacation rental market has triggered meteoric growth and innovation across the entry/exit management systems space as US revenue was projected to exceed 13 billion in 2018. As vacation rental demands increase, the number of business and individuals transforming additional owned properties into all-year vacation rental properties will increase correspondingly.

This component of the rental market has spurred numerous innovations to capitalize on its growth. One such company is Lubn Inc., the creator of autonomous property management solutions and the smart-key-lockbox.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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