026: What AI-Native Actually Means: Arbio's Bet on the AI Operating System for Short-Term Rentals

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STR Global Unlocked with Simon Lehmann 51 min 1 speaker 7 chapters transcribed 1 month ago
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What does “AI‑native” mean for short‑term rental operators?

Konstantin Schröder 0:00
But I think also there will be a point in time where AI, artificial intelligence, maybe even robots, will be able to to provide really good experiences to guests.
Simon Lehmann 0:11
The human aspect in our industry continues to remain very important. At the end of the day, no AI tool will fix a broken dishwasher or washing machine.
Konstantin Schröder 0:20
They see a ticket popping up reprioritized based on the urgency or the sentiment of the guest.
Simon Lehmann 0:26
I'm sure there is a lot of our listeners who want some time back to their lives with exactly what you just alluded to.
Konstantin Schröder 0:32
We would love cities and municipalities authorities to understand how much work it actually is to run a vacation rental.
Simon Lehmann 0:41
If the unit economics don't come around, if if your operating synergies don't come around, it just becomes a mess.
Konstantin Schröder 0:47
So I think it it will only have a positive impact on us as long as we as we realise what kind of booking trends look like in the next years.
Simon Lehmann 0:58
You are listening to STR Global Unlocked, brought to you by AGL Otelier, the show where I speak with the leaders shaping short-term rentals worldwide. I am Simon Lehman and after two decades buying, selling, advising and investing, I've built a network that spans continents and categories. This podcast brings that network to you. Real conversations, global insight, no PR fluff. Let's get started. The next generation of operators is not asking how many units can we add. They're asking how much can we automate? Today's guest is building what he calls an AI native property manager. So the real question is not whether technology supports operation, it is whether technology becomes the operator. Today I'm joined by Konstantin Schroeder, co-founder of RBO currently in London.
Simon Lehmann 1:59
RBO is one of Europe's fastest growing short-term rental operators, managing over a thousand units across Germany and Austria. The company recently closed a 36 million US dollar Series A and positions itself as an AI native property manager, using artificial intelligence as the operating system across pricing, guest communication, and operational workflows. Constantine, it's a great pleasure to have you on the show.
Unknown 2:26
Thanks a lot for having me.
Simon Lehmann 2:29
Awesome. So uh let's dig right into it. Uh we'll do a quick rapid fire with you. Um so I'll give you basically two words in relation to each other and you tell me which ones get to your mind first or or is going to win. AI advantage or overhyped?
Unknown 2:44
Advantage.
Simon Lehmann 2:46
Asset light or asset ownership.
Unknown 2:49
Light.
Simon Lehmann 2:51
Growth or profitability?
Unknown 2:52
Profitability.
Simon Lehmann 2:54
Urban or leisure? Human or machine?
Unknown 2:59
Human.
Simon Lehmann 3:00
Regulation, threat or moat.
Unknown 3:02
Mote.
Simon Lehmann 3:04
RBO in one word in twenty thirty.
Unknown 3:10
Seamless
Simon Lehmann 3:12
Excellent. It's um it's uh great to have you here and you made your schedule work while uh you're busy in London. You just told me you're uh made a couple of acquisitions, which is interesting. Uh you've had a bid busy year of the start already and uh and things continue to evolve with RBO, so it's perfect timing for us to have a conversation. But before we do that we wanna talk about you, Constantine. You were a provinci professional Bundesliga hockey player. before uh becoming a founder. What mindset from elite sports help you most in building RBO to where it is today?
Konstantin Schröder 3:48
There was a long period while playing hockey where we were losing a lot. And I remember at least two or three years in my career where we would lose nearly eighty percent of the matches every single week. It really frustrated me. And then came a time where the team changed. I started playing with older older teams and we started winning a lot. And I think this kind of experience of feeling how it is to win become I was a German national champion, English national champion. I went to boarding school here in the UK, so I was playing for their school team as well. And that feeling of starting to actually win after a long period of of losing, I think was really my hunger to win. I think to to build also a fantastic team of people.
Konstantin Schröder 4:30
Back then I was part of the team. Now I see myself more as a potentially coach of a team, more trainer. But we have an absolute kind of mentality in our company where we have different skills, different aspects, different points of view in in our company on problems, but ultimately everyone kind of strives towards winning and competing.

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