4.4 • 716 Ratings
🗓️ 10 February 2025
⏱️ 59 minutes
🧾️ Download transcript
Stephen Petasky, CEO & Founder of Luxus Group, joins host Matty A. to share his journey in the luxury short-term rental (STR) space—a game he’s been in long before Airbnb even existed. Starting from a personal travel challenge, Stephen has built a global real estate portfolio and is now leading a $600M Four Seasons development in Henderson, NV.
In this episode, we cover:
How Stephen transitioned from the grocery business to luxury STRs
Scaling from a single home to an elite global real estate portfolio
Why Four Seasons & Marriott are investing in high-end STRs
The impact of COVID on the STR and hospitality industry
How PropTech and AI are shaping the future of luxury travel
Connect with Stephen Petasky
LinkedIn: Stephen Petasky
Instagram: @stephenpetasky
Luxus Group: www.luxusgroup.com
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Click on a timestamp to play from that location
0:00.0 | What's going on, guys? |
0:11.0 | Welcome into today's episode. |
0:13.7 | We've got a great guest, Stephen Pataski. |
0:16.7 | This man is on a mission to revolutionize the short-term rental experience, bringing guests |
0:22.9 | luxury within reach. And when you have given over the course of 20 years, he's an OG. He got into |
0:30.5 | short-term rentals and the luxury rental space way before Airbnb was ever a thing. I think it was like right after the |
0:40.6 | inception of VRBO. And after delivering 20,000 amazing vacations, the dude knows a little bit about |
0:49.5 | hospitality. Now the CEO and founder of the Luxis Group for the last 17 years, he is doing some |
0:57.3 | unbelievable things in the hospitality space. And you guys know me, passionate about hospitality |
1:03.3 | experiences, you know, creating memories and just giving people a feeling, right? That is special. |
1:10.3 | And we geeked out on that conversation |
1:12.2 | today, whether you're looking to do this in your real estate investments with your customers, |
1:18.1 | even with friends, family members, so many great little nuggets that Stephen dropped in today's |
1:23.9 | episode. And this was a journey that started when he left his grocery business, |
1:31.2 | him and his wife going all in and starting with one property to now scaling it |
1:36.3 | in a partnership with the four seasons, doing a $600 million high-rise luxury development |
1:44.0 | with a brand of that caliber resort and, you know, |
1:49.3 | properties all over the country, all over the world now, some amazing things that I think you |
1:55.3 | guys are going to gain from our conversation today due to sharp, due to smart, humble, |
2:03.4 | and just drop some really wise nuggets that I think you're going to get some great value from. So let's dive into today's |
2:07.3 | episode with Stephen Pataski. Let's take a quick break in here from today's show sponsor. |
2:14.7 | If you got into real estate to build wealth and gain financial freedom, but unlike most investors, |
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