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Updated over 1 year ago,
STR with flexible accommodations and rate based on size of the group
I am interested in learning from anyone that has an STR business model that is flexible or adaptive to the size of the group of guest they are hosting. This would be a property with an upstairs area that can be closed off, a mother in-law suite, or an ADU for example. The secondary space would not be accessible to a couple or smaller group that does not need the space and they would pay based the nominal rate of a similar small size accommodation. For example if there is a primary small cabin on a property that is perfect for a couple, but there may be a bunk house, ADU, or other quarters which would make expanding the accommodations for a larger group or family, then that area would be included in the higher rate and the entire property would be accessible for their use. Under this scenario the property would never be occupied by two different groups or reservations. If there is someone doing this I would be interested in knowing if there is any confusion created within the reservation system, how well guest abide by the maximum number of guest for the smaller/primary portion of the property and or any other conflicts this could create including loss of revenue if the smaller accommodation is reserved when there is the potential for reserving the entire property at a higher rate to someone else. Perhaps my idea to cast a wider net with one property would become a disadvantage, there could be advantages too. I have not seen this type of arrangement discussed here in the forums. Where there are possibilities, there is money to be made. Let's talk about it.
Thanks and well wishes,
Brady