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- Own a 6 unit condo building of Airbnbs in Banner Elk! (Run it like a boutique hotel?)
Own a 6 unit condo building of Airbnbs in Banner Elk! (Run it like a boutique hotel?)
Summary
This video presents a tour of a 6-unit condo building in Banner Elk, NC, ideally suited for short-term rentals, along with a bonus 7th efficiency unit, highlighting the property's features and potential as a boutique hotel investment. The current owner grossed nearly $250k in 2023, with Revedy predicting an increase to over $300k annually.
More from Getting Started
This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.

Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
Curated by Learn STR by GoStudioM



