Workflows & Espressos Hospitality.FM

In this episode, Meaghan discusses her recent experience of recording podcast episodes at night and shares updates about her engagement and wedding plans. She then dives into a conversation about the importance of technology tools in the vacation rental industry. She highlights the top three types of technology that property managers love: tools that streamline operations, financial management software, and revenue management tools. Meaghan also provides tips on how to choose the right tech tool for your business and emphasizes the need to align the decision with your company's goals and values.

Takeaways:

Recording podcast episodes at night can be a great way to tap into creative energy.

Property managers in the vacation rental industry love technology tools that streamline operations, financial management software, and revenue management tools.

When choosing a tech tool, identify the problem you want to solve, research your options, connect with the team, involve end users in the decision-making process, and consider the ROI and alignment with your company's goals.

Asking for references and checking if the software aligns with your non-negotiables are important steps in the decision-making process.

Meaghan plans to do a series of episodes based on LinkedIn questions and is excited about her upcoming episodes with guests.


Links:
Apple Podcasts - Link
Spotify - Link
Hospitality.FM - Link
Connect with Meaghan | Ask Meaghan
—
Workflows & Espressos is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love our other podcasts directly on Hospitality.FM!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you like this show, please leave us a review and share it on your network!

In this episode, Meaghan discusses the challenges and strategies of scaling a small vacation rental company into a medium-sized business. She shares her personal experiences and offers tips on cleaning up finances, hiring an HR person, getting out of the way as the owner, making strategic decisions about property acquisition, maintaining transparency and accessibility, and preserving company culture and traditions.

Takeaways:

Clean up your finances and create a budget for forward-looking expenses and income.

Hire an HR person and establish policies and processes to ensure compliance and employee well-being.

Get out of the way as the owner and focus on leading the company in a strategic direction.

Define your target market and determine the number of employees needed to support your growth.

Be transparent with your strategy and communicate company goals to your team.

Maintain accessibility and avoid excessive red tape to preserve company culture and employee morale.


Links:
Apple Podcasts - Link
Spotify - Link
Hospitality.FM - Link
Connect with Meaghan | Ask Meaghan
—
Workflows & Espressos is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love our other podcasts directly on Hospitality.FM!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you like this show, please leave us a review and share it on your network!

This episode marks the return of 'Workflows and Espressos', focusing on the foundational aspects vital for companies, especially those in the vacation rental industry, to consider for growth and success. From Jackson, Wyoming, Meaghan Moylan shares insights on the importance of establishing a company identity, vision, and values and how these elements should be interwoven into operations and branding strategies. Furthermore, the discussion touches on the significance of being adaptive and open to evolving strategies, alongside examples of effective branding in the industry. Meaghan also highlights personal anecdotes about preparing for a wedding, attending industry events, and the supportive nature of the vacation rental community. Finally, the episode encourages listener engagement for future topics and concludes with anticipation for the next gathering in New Orleans.
00:00 Welcome Back to Workflows and Espressos!
01:41 Embracing the Spring Season in Jackson Hole
02:48 The Journey to New York and New Orleans
03:24 Crafting Your Company's Identity and Vision
11:42 Building a Strong Brand with Beach Ball Properties
14:47 Operational Excellence and Adapting to Change
20:24 The Power of Community in the Vacation Rental Industry
22:33 Wrapping Up: Key Takeaways and Future Plans

Connect with Meaghan | Ask Meaghan
Links:
Apple Podcasts - Link
Spotify - Link
Hospitality.FM - Link

—
Workflows & Espressos is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love our other podcasts directly on Hospitality.FM!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you like this show, please leave us a review and share it on your network!

By popular demand, Meaghan Moylan and Workflows & Espressos are back and not going away anytime soon!

April 16th is when the first episode will drop, and you can expect an episode every week on Tuesday morning!

We can't wait to see you there!

Links:
Apple Podcasts - Link
Spotify - Link
Hospitality.FM - Link
Connect with Meaghan!

—
Workflows & Espressos is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love our other podcasts directly on Hospitality.FM!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you like this show, please leave us a review and share it on your network!

In this last episode of Season 1 of Workflows and Espressos, Meaghan breaks down her starts and stops for businesses in 2024. She speaks on the importance of feedback from homeowners, guests and employees in managing a business effectively within the hospitality sector, stressing the importance of constructive feedback. Meaghan emphasizes balancing flexibility with structure, utilizing data across all departments, avoiding micromanagement, embracing change, and limiting objectives for a focused approach. She advises on the importance of empowering employees while focusing on areas they excel in.

Connect with Meaghan!

This episode is brought to you by our sponsors at:
Breezeway- Workflows & Espressos listeners get $100 off when you sign up for Breezeway!
AirDNA- 1st Month Free for a Pro AirDNA Subscription. Use code WORKFLOWS at checkout for savings

Links:
Apple Podcasts - Link
Spotify - Link
Hospitality.FM - Link

—
Workflows & Espressos is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love our other podcasts directly on Hospitality.FM!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you like this show, please leave us a review and share it on your network!

This week Meaghan discusses the importance of navigating through regulations and compliance in the vacation rental industry. She emphasizes the significance of forming alliances with local authorities, chambers, and other businesses. The mantras of being a good neighbor, community involvement, and having professional legal advice are also underlined. Meaghan ends with encouraging listeners to be active community participants and to treat neighbors and clients with respect and professionalism.

Connect with Meaghan!

This episode is brought to you by our sponsors at:
Breezeway- Workflows & Espressos listeners get $100 off when you sign up for Breezeway!
AirDNA- 1st Month Free for a Pro AirDNA Subscription. Use code WORKFLOWS at checkout for savings

Links:
Apple Podcasts - Link
Spotify - Link
Hospitality.FM - Link

—
Workflows & Espressos is part of the Hospitality.FM podcast network and a Hospitality.FM Original. If you like this podcast, then you'll also love our other podcasts directly on Hospitality.FM!
Thank you to all of the Hospitality.FM Partners that help make this show possible, and if you like this show, please leave us a review and share it on your network!