Luxury Airbnb Golf Portfolio

Mark Jenny built a $50M luxury Airbnb portfolio focused on high-end, over-the-top destination experience properties targeting specific demographics and activities.

Key Points:

  • Portfolio Structure:

    • ~20 properties worth approximately $50M total
    • Properties designed for specific use cases and demographics
    • Heavy investment in amenities (e.g., $1.2M in backyard features for San Diego property)
  • Target Market Strategy:

    • Focus on groups with disposable income where price isn't a major issue
    • Examples:
      • Golf buddies trips (Scottsdale property)
      • Family gatherings
      • Group activities and sports
  • Property Features (San Diego Example):

    • Sports facilities:
      • Basketball court
      • Pickleball court
      • Wiffle ball field with baseball diamond
      • Golf course
      • Pool and sauna
    • Indoor amenities:
      • Full poker table setup
      • Pool table
      • Entertainment areas
  • Business Background:

    • Founded RV Share (Airbnb for RVs) first
    • Sold to private equity (KKR) in multiple transactions for ~$100M
    • Reinvested in luxury Airbnb portfolio
02:04 - 02:45
Full video: 53:26
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Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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