Updated almost 3 years ago on . Most recent reply
Pricing question for college town rental
We have a 2 bedroom house in a college town. We advertise solely on VRBO (AirBnb was not working well for us). We get occasional inquires from travelling professors or other college related people. Inevitably our nightly rate is too high to fit their budget / per diem. Does anybody have a feel for how much these people are allowed for lodging? These are typically people wanting to stay 2-6 weeks. I'm interested in marketing to these folks in the lower demand periods and coming up with a price that would work for them (and us). Any help or personal antidotes are greatly appreciated.
Most Popular Reply
The GSA lodging rate table for your location may help narrow it down. This is the max nightly rate government and contractors are allowed. I'm not sure if university staff would be eligible for the government rate though but this could give you some insight. Check your local hotel rate too.