At What Point Does an STR Become a Mini Resort?
Has anyone else noticed that STR amenities are starting to turn into an arms race?
A few years ago it seemed like a clean property, decent furniture, and a good location was enough. Now every other listing has a hot tub, sauna, golf simulator, pickleball court, rooftop deck, cold plunge, kayaks, fire feature, or some kind of over-the-top game room.
I understand why owners do it because those things absolutely help bookings.
But every added amenity is also another thing to maintain, inspect, insure, explain to guests, and potentially deal with after an injury or accident. At some point some of these properties start operating more like mini resorts than rental homes.
Are there amenities you intentionally avoid offering even though they’d probably make more money?
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- Tampa, FL
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In some ways I agree - every year it is something new, but that is pretty much in every industry. Clothes fads come and go and so will fads in the STR amenity world. I also think it is important to know your general market, and your micro market. For example, a 4+ bedroom pool home 5 mins from the beach in my market target audience is multi generational families and you must be highly amenities to compete. However about 30 mins away right outside the Tampa International Airport there are a lot of business travelers who probably care less about a pickleball court.
- Andrew Steffens
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