WestCap Founder Sees Short-Term Rental ‘Hyper-Growth’ Slowing Down
Photo Caption: Laurence Tosi and Rafat Ali in discussion a the Skift Short-Term Rental Summit on June 7 Ryan Bourque
Skift Take
WestCap founder Laurence Tosi believes if short-term rental companies haven't already turned a profit, they'll struggle to do so in the future as the sector's boom has peaked.
Laurence Tosi, founder and managing partner of investment firm WestCap, views the short-term rental industry as a major winner coming out of the pandemic. But he thinks the boom experienced in recent years is winding down.
"I think the [era] of hyper-growth for travel ... will be moderated growth," Tosi said during a discussion with Skift foun