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Updated over 3 years ago,
minimum night strategy for STRs
I have a condo in Summit County that we use a bit but mostly rent out as a STR on VRBO. I'm getting ready to open up the calendar for ski season, which is obviously very busy out here (I've been told that 70% of annual income is from mid December to late March). I'm curious if anyone has a good minimum night strategy for a ski town or similar area. Typically I just do a two night minimum but bump it to three for holiday weekends like MLK and such, and four for Thanksgiving. Then there's the Xmas/New Years time as well as spring break (which is not just one particular week of course). Do you think extending minimums to 6 or 7 days for these longer stretches is a good strategy or will it perhaps turn people away? I can obviously start with a longer minimum and decrease it if need be later on, or adjust minimums to fill in gap periods.
Just curious how other people handle this.
Thanks