Looking for ways to increase occupancy and average daily rates? According to ALLTHEROOMS.COM/ANALYTICS one of the best ways is to revamp your property. In this same vein, consider the following from INTER SERV LP that “hotel renovations that involve replacing wallpaper and carpeting, as well as adding a fresh coat of paint and replacing the furniture, are usually carried out every six to seven years.”
Further, they also state that “simply avoiding renovations isn’t a wise choice, since it can diminish the attraction and value of your property.”
If your property has operated as a STR in the past, do you know the last time this was done? By partnering with Tinsel House Studio, your property will be artfully redesigned and accessorized to encourage a true local experience. Once finished, Tinsel House Studio will schedule a professional photo shoot of the finished product for you to upload for your rental listing as we consider the statistics from Airbnb to be paramount to your success: owners who have professional photos increase earnings by 40%, 24% increase in occupancy and up to 26% higher nightly price. So, Are YOU ready to give your second home a second chance?