Want to Make Sure Your Serviced Accommodation Property is a Hit With Guests?
Summary
In this video, Dave Cordner shares his top three considerations when sourcing a property for serviced accommodations: location, size (number of bedrooms and occupancy), and value-add features like extra bathrooms and secure parking. Focusing on these elements can enhance your nightly rate and give your property a competitive edge.
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Activist investors are increasingly targeting the travel industry, creating potential shifts in business models. This trend, fueled by the post-COVID period and pent-up demand, is evident in actions against major companies like Southwest Airlines, Norwegian Cruise Line, and Tripadvisor. Hosts should monitor these broader market influences and how they may affect the travel and short-term rental landscape.
Curated by Learn STR by GoStudioM