Answer - economic and demographic vibrancy!

The demographics of your guests and the size of your property (larger property = more guests = potential for more tears/wears) also play a role as well.

i also forgot to mention demographics. you can put a premium on population, cars per day, and median income within a 1 mile radius.

As a first level examination of a market, I would start with examining the population growth over the past five years, then unemployment, then the population demographics (by age), then job diversity, top 10 employers, then finally supply and demand (vacancy rates and 5+ unit building permits).

It's also part of the European Union, which is a huge advantage.On the other hand, sadly, it's a total disaster politically, economically and demographically.

The Albany market economically and demographically is still about the same.

My background is in research specific to mental and medical health but can help in residential demographics.

What would be an ideal demographic for this situation (student, family etc).

The urban houses do it bunk beds less as the demographic is usually younger and in town for events, business, etc.The beach is primarily multi generational families with children, and it is a good idea to have them there.To sell any product including a stay in your STR you have to know your audience!

Cater to your guest demographic.