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Updated over 4 years ago on . Most recent reply
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Maximizing STR returns with Occupancy limits
I am interested in hearing about others experience with maximizing occupancy for STR. In the ski resort area I am analyzing more beds equal more return per night. Problem is the county regulations are strict on listed occupancy per bedroom and wont allow for non conforming rooms to be listed as bedrooms or additional occupancy. Any ideas on how to get around this?
Example - Property is 1 bdr with loft (3 beds in loft) and an additional room connected the loft with 2 sets of bunk beds in it. The property also has a pull out couch in the living room along a futon in a seperate sunroom. Ideally I would advertise this property as sleeping 12 (which it could easily) but regulations say 8 max.
Thoughts?
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- Rental Property Investor
- Tennessee Florida
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@Robert Jordan I think you’ll find maximizing occupancy isn’t always a great idea. Unfortunately there’s no way for me to prove that to you until you’ve been renting it and get some experience.
Each short term rental has a happiness level. You divide that level by the number of people under its roof. The more people the less happiness in each person.