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Very good advantage. Here the market is saturated with 1-2ppl places too.
Our guest bedrooms are very low priced, around the $30’s and $40’s so I will follow your guidelines to just play a little with the price. Last week i got an inquiry from a guest who tried to book with me 3 months ago bargaining and many ridiculous requests so once I saw she asking for the same things I raised my price to 70$ for the dates she wanted, and I got a booking the next day same dates! The guy is not from Taiwan, he is also very polite via the messaging system and is arriving today…I was shocked. Go figure!
My business people dont even need anything fancy. Private bathroom though can be an issue.I had to put TVs in each guests bedrooms to avoid hanging out in a living room.
Is the noise from the TV bothersome? I am reluctant to put one in our space because I hate listening to it blah blah blah. We don’t have cable and only hook up an antannea when my son wants to watch football. I wouldn’t mind if they were streaming something as you then don’t have the volume variance between show and advertisement. I thought about putting one and then setting limits as to time and volume.
But right now I’m investing in other things (in perpetuity, I think!! There’s always something to add!). Right now I’m putting in more towel bars, have purchased some curtains for the larger room, and a refrigerator for their private use. I think an electric fireplace will set me apart from my competition, adding more value. Since I use space heaters for the space anyway, they might as well enjoy a fireplace.
But all that aside - are there any problems with the tv being loud?
Yes - I’ve had the same experience, Vera. I lost a ton of money this past summer low-balling myself. I had a last minute cancellation for a week-long booking, but booked those days and made a lot more money.
There’s such a psychology to it. I think if we have our price to low, people overlook us as a bargain, low-quality space. People expect to pay a certain amount for lodgings that are clean and decent quality. If you charge less than that, people may not even look at you. For instance, I know that, with my family of 5 I’m going to pay at least $125 or so for a decent hotel room. If someone advertises for $65 I most likely will not even look. Also, a decent price sets you apart from the start.
So many listings are awful. Threadbare towels, dirty rooms, careless hosts. Do a smart job and get a smart price.
I thought it would be bothersome but it really is not.
Usually people turn down volume. And 2 doors in between and hallway does the job of keeping noise down.
Yesterday, daughter of a guest fell asleep with TV loud. A woman was downstairs still working. I just saw door opened with a girl sleeping. Tv is right at the door. I turned it off, and then told mom to tell daughter about having it loud at night.
Tv downstairs I never hear. In any case its better that yo have them sitting in my living room at night
So i gave this a try, it has been a month and they have lowered my pricing way below market value. I have had to cancel a number of reservations. This program clearly does not work for my area (aspen co).
For instance, last year in March i was getting, on average $775 a night. I took a number of bookings for this year at $550 a night. I have no idea how they generate their numbers, but they are way off.
I will be cancelling stopping the sync right away. Truly dissapointed.
