What occupancy rate should you use for midterm rentals?
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Summary
AI-generatedFor midterm rentals, assuming an occupancy rate of 80% is conservative for your initial spreadsheet calculations. This accounts for 2-3 month stays and one week of vacancy between guests. In practice, a 90% occupancy rate is more common, and can go as high as 92% if you actively manage your bookings across multiple platforms.
Key insights
Conservatively estimate an 80% occupancy rate for midterm rentals when projecting income.
Mistakes to avoid
Don't assume that a higher occupancy rate is realistic without using multiple platforms to market your property.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial