STR features and their effects of bookings.

[Aaron Washington]

My wife and I are new to the STR world. We are currently looking for a vacation home that will double as our first STR in the Orlando/Davenport area. While running some of our options thru Awning.com, we noticed that having a hot tub in some areas changes the revenue dramatically (+/- 20k+), while in another area only a few miles away a hot tub has little to no effect on the potential earnings.

Can anyone help us understand why this might be? My wife and I would like a hot tube. If it truly means a reduction of 20k+ we can however live without it.

While on this topic, are there other features, we may not have thought of other than pool and hot tub, that have a dramatic effect on a properties earning potential?

Thanks in advance,

Aaron

[Sarah Kensinger]

Increase in revenue for certain amenities depends on the location. In Florida guests would rather a pool over a hot tub, while in the mountains guests would prefer a hot tub over a pool. It all depends on the market, which is why it's important to know the market a vacation homeowner is considering!

I also second @Andrew Steffens on the Orlando STR market...I would think more than twice before considering a costly property purchase and design outfitting of the property in Orlando! You would do better to look at another market, and then take the profit of that vacation home to rent a STR in Orlando on vacation.