Holy cow! Cubs fans were good for the local economy - Crain's Cleveland Business
Summary
This article discusses the positive impact of Cubs fans on the local economy in Cleveland, Ohio. While not directly about STRs, it illustrates how major events can significantly boost local tourism and potentially increase demand for short-term rentals. Hosts in areas hosting large events should be prepared to handle increased bookings.
Key Insights
- •The article suggests that major events, like the presence of a large fanbase (Cubs fans), can positively impact the local economy.
Action Items
- ✓Hosts should monitor local event calendars and adjust pricing (Seasonal Pricing) accordingly to maximize occupancy during periods of high demand.Effort: lowImpact: medium
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