Quick Take - Designing Your Airbnb and the Value of Real Product Moments with Minoan CEO Marc Hostovsky

The Real Estate Law Podcast

Quick Take - (Full Episode - #78 - Link Below to Full Episode)

Have you ever stayed at a short-term rental home and wondered where a certain interior design item was purchased and how you could get it for your own home?

Or did you sleep amazingly on their mattress and sheets, and want to buy them for your own bedroom?

These real product moments are what drove our guest, Marc Hostovsky, to launch Minoan - a customizable, curated retail platform helping short term rental hosts simplify furnishing and save money with a free to use, centralized ordering platform.

Steep discounts and no hassle of messy logistics like order tracking and customer service? Sign us up!

Marc has a strong background in tech and retail operations, having worked in senior roles for Walmart and Jet.com (which was acquired by Walmart!)

Minoan is a venture-backed startup focusing on “native retail.”

Products aren’t boxed up in a store display case or hiding as images on a phone screen. There’s no pushy furniture store sales person over your shoulder either — just a consumer and the products with a little one-on-one time. If guests love the plush towels, why not let them buy an exact one from the same supplier? It's a win for products and brands - they get consumers to spend time actually living with items of potential interest.

Minoan's current retail partner roster is impressive, including such heavy hitters as William Sonoma, Article, West Elm, Crate & Barrel, Polywood, Casper, Pottery Barn, Caraway, Wayfair, and hundreds other retailers, both national brands and smaller local companies.

They already have assembled a network of nearly 10,000 short-term rental locations and boutique hotels, whose hosts pick and choose products from several hundreds of participating brands that can help them convert their vacation lodging into showrooms.

In this episode, we discussed:

- How Marc thought to launch Minoan

- Why the most valuable moments spend with products are not online or in stores

- How Minoan works with short-term rental operators

- Why furnishing and decor should be thought of less as a cost center and more as an investment in improving average daily rates

- How does Minoan help hosts' encourage shopping available products without making the experience feel overly commercialized?

- What products create those memorable moments for guests?

:: Link to Full Episode - https://youtu.be/4XyqgwrPrE4

Where you can find Marc:

Minoan website - https://www.minoanexperience.com/

Marc's LinkedIn - https://www.linkedin.com/in/marc-hostovsky/

Minoan's LinkedIn - https://www.linkedin.com/company/minoan/

Instagram - https://www.instagram.com/minoanexperience

Facebook - https://www.facebook.com/minoanexperience

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

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