How to Price Your Extended Stay Rental to Capture the Full Earning Potential
Summary
AI-generatedLearn how to price your extended stay rental by comparing it to local extended stay hotels, not other STRs. This method helps you capture your full earning potential by understanding the market envelope and positioning your property within it.
Key insights
When pricing extended stay rentals, focus on competing with professional extended stay hotels (e.g., Residence Inn, Hyatt House, Roadway Inn) rather than other Airbnb or Vrbo hosts.
Mistakes to avoid
Pricing your rental below the low-end extended stay hotel rate, even if it leads to no vacancies, means you are leaving money on the table and not capturing full earning potential.
Tools & resources
extendedstaylandlord.comcourse
The website extendedstaylandlord.com offers coaching and training for extended stay Airbnb hosts.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial