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Hotel and Short-Term rental technology convergence delivered: Introducing 1 LiVNG powered by Hospiria and Alliants.

The convergence of real estate and hospitality is reshaping the landscape of the residential real estate, short-term rental and hospitality markets. Institutional real estate owners, developers and operators are increasingly exploring opportunities in flexible rentals, driven by growing demand and the evolving needs of residents and travellers.  

Hotel-branded residences have emerged as a key player, with the number of schemes increasing by 160% over the past decade, blurring the lines between traditional hotels and residential living1

At the forefront of this transformation is 1 LiVNG, an innovative new offering launched through a strategic partnership between Hospiria and Alliants. The partnership combines Hospiria's flexible rental software solution with Alliants' leadership in luxury hospitality technology, deployed by brands including Four Seasons, Jumeirah, Rosewood, and Nobu.  

The convergence of real estate and hospitality 

The traditional boundaries between real estate and hospitality are fading, as both industries adapt to meet the needs of consumers who are increasingly seeking flexibility and convenience. Branded residences are increasingly catering to short-term and flexible rental demand, offering a hybrid model that appeals to both investors and residents.  

This model provides guests with the luxury and service of a hotel while delivering the comfort and familiarity of home. Research from Savills estimates a pipeline of over 600 branded residence schemes due to be delivered by 2030, highlighting its continued growth2. This is led by North America, which accounts for nearly 40% of all projects, followed by Asia-Pacific (20%) and Europe (13%)3

Developers and property owners are also recognizing the potential of this trend. The shift toward flexible rentals in real estate is being driven by the need for alternative revenue streams, particularly in light of pressures from interest rates and development margins. By integrating short term rental capabilities, owners can diversify their portfolios, maximize returns and cater to a broader market.  And operators can offer Resident Hosting options allowing tenants to rent their apartments when they are away, creating a new income stream for the same assets and driving longer term rental tenures.   

How technology is facilitating this shift 

Technology is playing a critical role in enabling property owners to optimize operations, enhance guest experiences and unlock new revenue streams. Leveraging the technologies of Hospiria and Alliants, 1LiVNG brings together the best of hotel and short term rental technology to deliver an innovate new product offering to the market.  

This will unlock an additional revenue stream for asset owners, operators and residents, particularly for multi-family developers looking to maximise returns.  It will also aid the growth of hotel companies diversifying their product offerings by providing the necessary tech stack required for not only the building and the guest (like traditional hotel PMS systems but also the owner of the property and their own stays. 

The key features of the combined innovative flexible rental solutions include:  

  • Modular property management approach 

  • Enhanced owner/tenant/guest experience  

  • Multi-channel distribution 

  • Advanced CRM and generative AI messaging 

  • Revenue optimisation and data-driven insights

 

These features allow for a single end to end technology to deliver the experience  

Driving Success Through Innovation 

The success of flexible rental models hinges on the ability to generate higher returns and optimize operational efficiency. Early results from 1 LiVNG deployments are promising, with property owners reporting a 19% increase in new revenue streams, 13% lower operational costs and increased rates of return of up to 25%. The platform's focus on data-driven insights and revenue optimization ensures that owners can continuously refine their strategies to stay ahead in an increasingly competitive market. 

One of the key differentiators of 1LiVNG is its ability to deliver a high level of satisfaction for  owners, residents and guests. In fact, initial reports show a 14% increase in satisfaction scores, highlighting the platform's effectiveness in enhancing the overall experience. By combining luxury hospitality standards with flexible rental technology, 1 LiVNG is setting a new benchmark for excellence in the industry. 

Looking to the future 

As more institutional real estate players recognize the potential of short term and flexible rentals, the demand for holistic technology solutions only continues to grow. The platform's initial success in North America builds on the growth of Hospiria and Alliants in other global markets, underscoring its international appeal and scalability. 

For Hospiria, this partnership with Alliants represents a strategic move to expand our reach and deliver value to clients globally. By leveraging our expertise in flexible rental technology, we are empowering property owners to take advantage of the growing trend toward branded residences and flexible rentals within multifamily developments. 

We are committed to driving innovation in this space, delivering a powerful platform that combines the best technologies available in one place. Our focus is on providing the tools and insights needed for institutional real estate and branded residences to succeed in this evolving market, capitalizing on the growing demand. 

Want to find out more about the partnership, contact the team today!