Building a building with studios for vacation rental

[Mikael S.]

Hello BP.
I have purchased a lot which is 220 m2 or 2368 square feet in Playa Del Carmen, Mexico and are now gone into construction mode.

The plan is a 4 story building with studios for vacation rentals.
My builder says I can go as low as 28 m2 / 300 square feet per studio and put in more and increase the ROI. But I see a big part of the business from colleagues in the industry comes from repeat customers and I am afraid the size is simply too small to be comfortable to live in for a week. the rental price would more or less be the same for the end customer if I make it a small studio or slightly bigger.

So my question is would you be happy with a 28 m2 / 300 square feet studio for a weeks vacation or should I go bigger and then fewer studios ?

Thanks a lot for your input