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Watch this Before Renting on Furnished Finder
Summary
This video provides three essential best practices for landlords setting up a mid-term rental on a platform like Furnished Finder. The first and most critical step is to protect yourself legally by creating a segregated bank account for each property, keeping the tenant's security deposit separate from operational funds. Secondly, to maximize your renter pool and occupancy, you should allow pets and actively market pet-friendly amenities in your listing photos and description. Finally, because the MTR market is seasonal, you must implement a three-tiered pricing strategy with different rates for low, mid, and high seasons to optimize revenue.
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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



