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Updated about 5 years ago,

User Stats

9
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0
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Dean Lynch
0
Votes |
9
Posts

Vacation rental minimum days question

Dean Lynch
Posted

I am new to the short term rental market and just purchased our first a couple months ago.  It's up on the usual sites for rent and it's doing well.  My question is, what is the standard rule of thumb about requiring a certain number of nights in prime season.  I see some competitors bump up their minimum nights to 3 or 4, up from 2 in the off season.  Only one home had a 7 day minimum.  7 days is what I would expect to see for a vacation market like the Poconos.  Leaving the rule a 3-4 nights leaves room for lost days throughout the month.  Should I take the lead of the other homes in the area, or give the 7 day minimum a try?  Are there benefits of a lower minimum that I'm not seeing?

Thanks!!

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