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Updated about 12 years ago,
Estabishing a short term rental price (min 2 day stay)
I have a home which will be furnished, will have cable, will have wifi, pool table, TVs, free access to walk about a nearly 40 acre estate (horses allowed/archery hunting allowed), city park with walking paths, playground, skateboard park, soccer fields, brand new recreation center (all within walking distance). Fresh eggs and organic vegetables will be available. The house is 1.25 miles from water (charter fishing/kayaking/beaches) all available year round.
Here is a link to what I kind of think my competition is..??
Hampton Suites and Inn...about .5 miles from my rental.
https://secure3.hilton.com/en_US/hp/reservation/book.htm?execution=e1s6 which if your view shows a nightly rate of 168.37 for a family...called the family fun package.
My target with a 3/2 home is families. My rental is a little over 1900 square feet.
This is a link to the only home (this a home has 3 baths) in my town which I can find that is similar to my plan...the rate is $124 to $250. The amenities described for this home mirror what I plan to do with my rental.
Any advice on setting a price is very welcome!