FutureStay was one of a number of startups that emerged on the scene in the mid-2010s designed to capture on the surging demand for alternative accommodation.
The company is an on-demand automation, connectivity and payments platform for management companies and owners in the sector.
Over the course of the last six years, FutureStay has experienced what it takes to get a business up and running, including challenges around investment, building teams and sticking to a growth strategy.
The company, which was named in in PhocusWire's Hot 25 2020 list, may have been in the right place at the right time to capitalize on the mid-pandemic demand for alternative accommodation, but that doesn't mean it can rest on its laurels.
CEO Philip Kennard spoke at last week’s PhocusWire Pulse: Startups In The Spotlight event about these issues and also what startups need to do to position themselves as the wider industry continues its efforts to bounce back to 2019 levels.
The full discussion with PhocusWire's Kevin May is included below...
PhocusWire Pulse: Startups In The Spotlight - Lessons learned and staying the course