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Mentor
I don’t have as many nights booked in the offseason but my peak and shoulder season is still quite strong and very profitable. However I bought in 2019 and 2021 so it’s also about what it costs you to buy/maintain which is generally higher these days given rates.
Subject Expert
Nearly every market has seen significantly increased saturation (aka the “supply” side of the equation) post Covid. The demand side is also down in 2023 and 2024 compared to 2021 or 2022.
Are you using AirDNA or other tools that project occupancy? I’d use numbers below the market average when running your calculations.
Yes - AIRDNA is giving me amazing estimations while rabbu is giving estimates that are only 10% of airdna. Huge swing.. I’m sure we will land somewhere in the middle but hard to estimate 🤔
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