Anyone using MTR strategies in Mexico?

[Alex Scattareggia]

Is anyone having success renting MTR in Mexico? I have a portfolio of STR´s here and have gone back and forth between the advantages of converting some to MTR. Just curious if anyone has had experience with this specifically in Mexico. Thanks in advance!

[Mike Lambert]

Hey Alex,

I'm not sure what you mean by converting. You can do both at the same time. It's a matter of managing your calendar. In Mexico, as you know, when you rent to visitors, you generally don't do LTR. It's automatically MTR (by the month).

The best strategy is to do MTR in the low season and STR in the high season. Of course, if somebody wants to do an MTR in the high season and at a very attractive rate, you might as well take it. Similarly if somebody wants to rent for multiple months right away at an attractive rate, you might take it too, especially if it's in the low season.

[Sylvia Santelli]

What a great portoflio --- sounds like taking one of them and adjusting the calendar should be enough of a test. What do you mean by convert? Would you be changing the layout? or do you mean converting the listing/pricing/calendar?