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Check Out Josh Seigel’s Story

Today we’d like to introduce you to Josh Seigel.

Hi Josh, can you start by introducing yourself? We’d love to learn more about how you got to where you are today?
Fieldtrip is an LA-based boutique hospitality brand focused on the acquisition, development and operation of luxury short term rentals. The company was founded by myself (Josh Seigel), Mike Seversky, Ramin Savar, and Dan Tseng. I’ve been in the short-term rental space for ten years and have operated & invested in luxury homes and boutique hotels across the country. I’ve always had an entrepreneurial spirit and worked with several startups before Fieldtrip. Ramin and Michael come from institutional backgrounds – Ramin is an experienced real estate attorney and Michael is an ex-banker who worked at Apple and was most recently Director of Investments at a venture capital fund. Dan is a serial entrepreneur and seasoned real estate developer with a proven track record across various industries. 

The four of us founded Fieldtrip because we saw an opportunity to satisfy a market need for consistent, purposefully-branded luxury short-term rental experiences that merge the amenities and high-touch service of a luxury lifestyle hotel with the privacy and intimacy of home. We were surprised to find that this product was missing in the market and came together to build what’s turned into a very special company. We currently operate one of the largest purpose-built short term rental portfolios in the country, with 20+ more in various stages of development.

Would you say it’s been a smooth road, and if not what are some of the biggest challenges you’ve faced along the way?
Compared to the hotel industry, the short term rental industry is in its infancy and continues to evolve rapidly. Though we look to borrow “best practices” from established hotel operators, we’ve challenged ourselves to chart our own course in creating processes to uphold our standard for the perfect short term rental experience. Another obstacle unique to our space is the ever-changing regulatory landscape. Local governments across the country are struggling to create sustainable policies that balance the needs of local communities (particularly with respect to housing supply) and short term rental operators; this friction requires ongoing advocacy in our markets.

Is there any advice you’d like to share with our readers who might just be starting out?
Find a way to differentiate yourself. The short-term rental space has flourished in recent years, and with new market entrants comes competition – it’s more important than ever to differentiate your product.

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