Asheville sees drop in hotel demand as officials work to lure tourists after Helene - WLOS
Summary
This article discusses a drop in hotel demand in Asheville, NC. While not directly about STRs, this suggests a potential shift in the local tourism market that may impact STR occupancy and pricing strategies. Hosts in the area should monitor market trends and consider adjusting their pricing to remain competitive.
Key Insights
- •The article mentions a drop in hotel demand.
Action Items
- ✓Monitor local market trends, including hotel occupancy and pricing data, to inform your STR pricing strategies.Effort: lowImpact: medium
- ✓Consider adjusting your pricing strategy (e.g., dynamic or seasonal pricing) to remain competitive.Effort: mediumImpact: medium
Common Mistakes
- ⚠Failing to monitor market changes could lead to lower occupancy rates.
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