AirBnB vs Corporate Rental

[Rob Denn]

I'm currently remodeling an upstairs 2B/1Bath flat in Oakland CA. It's in a very desirable area: 1 block from "restaurant row", 1.5 blocks from train stop (BART), 2 blocks from freeway entrance, and 3 miles (15min car ride) from UC Berkeley. And because it's near a BART stop, San Francisco is only a few stops a way by train. The unit will be fully furnished and have all amenities in addition to an in unit washer/dryer. The unit is large and sunny with a dining room and deck and is about 1,100sf. It could easily sleep 6-8 people with air mattresses. My question is about STR vs Corporate. My flat would be the perfect corporate site. Even with the single bathroom, I'm confident I could get corporate & business clients because of the location. However, would it be much more lucrative to do STR with dynamic pricing based on Bay Area events and UC Berkeley activities? I tried to scan other AirBnB listings but they're all over the map. I'm pretty sure I can get $100-150 per/night just starting out. Also, I have employees in the bottom flat 24/7 that can keep an eye on things and help with cleaning. Any opinions?