A stormy season for short-term rentals on Nantucket - CommonWealth Beacon

6 months agoNantucket, MAScore: 75
Pricing & Profitability
Local News
Seasonal Pricing
Market Research
Occupancy

Summary

This article discusses a challenging season for short-term rentals on Nantucket. Hosts should stay informed about market trends and any potential impacts on their business.

Key Insights

  • •The article highlights a 'stormy season' for STRs, implying potential challenges such as decreased occupancy or lower rates.

Action Items

  • ✓
    Hosts should monitor local market trends, occupancy rates, and adjust pricing strategies accordingly.
    Effort: low
    Impact: medium
  • ✓
    Review and adjust your seasonal pricing strategy based on observed trends and local market conditions.
    Effort: low
    Impact: medium