Short-term rentals are growing in popularity as a real estate strategy. Investors flock to STRs because of the opportunity to increase overall cash flow by renting properties nightly instead of on long-term leases. To capture that cash flow, STR investors need laser focus on ways to increase their average daily rate (ADR). This report highlights five amenities that can help investors do exactly that. Our research demonstrates the difference in daily rates that these five amenities provide:
- Pools
- Hot Tubs
- Kitchens
- Gyms
- Pet-friendly
