Markets where Private Room STRs work?

2 Replies

Hoping to hear from folks who have had success with offering multiple private rooms in a large house with shared living spaces. Currently only have experience with entire home listings, but considering this type of offering for our next STR home purchase. Some questions I am trying to answer are:

What demographic of travelers are staying in these listings?

  • Students, nurses, others?

      What locations have you been successful with this type of offering?

      • Near universities, hospitals, others?

        What type of homes does this work best in?

        • Locations, dedicated baths, other important factors?

          What do you think makes these types of offerings successful in your market?

            So, I have experience from the other side as a guest. When I travel to our STR in Idaho, oftentimes I can't actually stay there due to back to back guests.
            The last time I was there to get the new cleaner all up to speed on process and where everything is, I ended up staying in and AirBNB that did just that in Spokane.
            I spent some time chatting with the hosts and they get a real smattering of people. I was just an overnight, the couple across the hall was there for 5 days, the person just down the hall was there for 2 weeks. All on vacation of some kind or another.
            They told me they have all kinds staying there and it is really working well.
            Originally posted by @David Bergmann :

            Hoping to hear from folks who have had success with offering multiple private rooms in a large house with shared living spaces. Currently only have experience with entire home listings, but considering this type of offering for our next STR home purchase. Some questions I am trying to answer are:

            What demographic of travelers are staying in these listings?

            • Students, nurses, others?

                What locations have you been successful with this type of offering?

                • Near universities, hospitals, others?

                  What type of homes does this work best in?

                  • Locations, dedicated baths, other important factors?

                    What do you think makes these types of offerings successful in your market?

                      I think the #1 question is will you be living there also bc that affects where this is legal. This idea can work almost anywhere, the legal hurdles will be your biggest obstacle