Soccer May Bring 750,000 to Washington Next Year. Is Your Short-Term Rental Program Ready? - MRSC
Summary
A large influx of visitors (750,000) is expected in Washington next year due to a soccer event. Hosts should consider how this will impact their occupancy and pricing strategies. This could significantly impact revenue potential if hosts are prepared.
Key Insights
- •Soccer events may bring 750,000 visitors to Washington next year.
Action Items
- ✓Conduct market research to understand the potential impact of the event on ADR.Effort: mediumImpact: medium
- ✓Review and update occupancy projections for the next year.Effort: lowImpact: medium
- ✓Consider adjusting pricing strategies to capitalize on the influx of visitors.Effort: mediumImpact: medium
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