Insight
Modernizing old hotel and vacation community properties can increase your bottom line and equity.
Converting Old Vacation Rental Communities into Modern Short-Term Rental Experiences (Ep543)
Summary
This article discusses the opportunity to revitalize aging vacation rental properties like boutique hotels and cabin communities to grow your STR brand, particularly in the face of local regulations. The hosts share how modernizing amenities, improving marketing, and streamlining operations boosted occupancy and ADR. Consider exploring older properties and incorporating modern practices to enhance your bottom line.
Key takeaway