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Millionaire Mindcast

From Pioneering The STR Space To Building A World Class Hospitality Asset With The Four Seasons | Stephen Petasky

Millionaire Mindcast

Matt Aitchison Media, Inc

Productivity, Stocks, Realestate, Lifestyle, Finance, Commercialrealestateinvesting, Personalgrowth, Entrepreneur, Business, Entrepreneurship, Rich, Mastermind, Money, Personalfinance, Millionaire, Mentorship, Realestateinvesting, Success, Mentor, Wealth, Investing, Millennials

4.4716 Ratings

🗓️ 10 February 2025

⏱️ 59 minutes

🧾️ Download transcript

Summary

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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Transcript

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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