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Updated over 1 year ago on . Most recent reply

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93
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Catherine Javier
  • Investor
18
Votes |
93
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how to compute for average rental period

Catherine Javier
  • Investor
Posted

Hello there BP Community!

We are new in Airbnb. We have a property in Tacoma and started MTR last year, we were so used to Furnished Finder and were a bit overwhelmed with Airbnb. 
We do a hybrid MTR and just started STR in between. This might be a silly question but we are really not sure on how to compute for the average rental period. Our goal is to do the STR loophole (less than 7 days or less.)


Do we just add all the numbers of rented dates and divide by the total number of guests or tenant?

Or.. let’s say we have 3 guest who stayed 60-90 days and 15 guests less than 7 days?


Thank you in advance!


Most Popular Reply

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882
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1,968
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Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
1,968
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882
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Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
Replied

@Catherine Javier, there are different ways to calculate that, one of them is to calculate how many days the property was booked out (rented) and divide that by number of reservations, this will give you the average number of days for each reservation

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