Vacation Rental vs Condo-Hotel vs Hotel Financial Models
The Vacation Rental alternative to traditional lodging continues to grow. As in any "new" industry, as the leaders establish themselves, the vacation rental financial model will begin to create rules, metrics and profit margin norms that are unique to that industry.
That time is upon us. Below please note four pro formas and how they differ.
Vacation Rentals financial models, in some cases, aren't so different from traditional hotels. In other cases they break with traditional revenue and expenditure norms by adding different revenue opportunities, hybrid housekeeping options, maintenance departments that earn revenues and "homeowners" who absorb certain substantial costs instead of the vacation rental company.
Source: Hospitality Net
Les plus commentés