Projecting occupancy rates as they change from year 1-5

[Laura Casner]

Hi! I'm putting a business plan together for a short term rental and I can find plenty of data from comps on projected vacancy rates of established rentals, however, I know I can't expect to come out of the gate with 50-60% occupancy. Is there any rule of thumb for occupancy as the business grows from year 1?  How have others projected this?