Are you seeing 2019 numbers?

[Brittany Stradling]

Are people seeing 2019 numbers this year or is it just my property? My property is new and I'm not sure if this is normal. I evaluated the property based on an average of 2019, 2020, and 2021 numbers, so it cannot survive based on 2019 numbers alone. 

[Nathan Gesner]

Quote from @Brittany Stradling:

Are people seeing 2019 numbers this year or is it just my property? My property is new and I'm not sure if this is normal. I evaluated the property based on an average of 2019, 2020, and 2021 numbers, so it cannot survive based on 2019 numbers alone. 

2020/2021 were banner years and shouldn't be used for projecting future revenue. 

Bookings for my area are back to 2019 levels. Revenue is up because we've increased rates, but expenses are up on utilities, taxes, insurance, consumables, cleaning fees, etc. In my neck of the woods, it's a wash and we're essentially performing like we did in 2019.

EDIT: If you can't survive without performing like 2020/2021, then I recommend you start finding creative ways to increase revenue. Don't wait for the inevitable. Can you convert to a month-to-month rental, place traveling nurses, and produce a more stable income? Cut expenses? Add some features that increase bookings? Create add-on services that generate additional revenue? Don't say "I can't" and give up. Ask "how can I?" and then find solutions.