Summer Income: Short Stays in the Gap Weeks
This lesson is part of the course
In this lesson
You forecast eight summer weeks of short stays in the beds that 44-week tenants leave empty: occupied room-nights, room revenue, cleaning per stay, commission and the net summer income.
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Lessons in this course
- Unit Mix: Studios, Twins and Clusters, Beds and Rent per Bed Locked
- Bed vs Unit Occupancy: Occupied Beds, Fully Let Units and Empty-Bed Rent Locked
- Academic-Year Tenancies: 44- and 51-Week Contracts, Instalments & Summer Gaps Locked
- Pre-Leasing Pace: Beds Signed vs Prior Year and the Target Curve Locked
- Summer Income: Short Stays in the Gap Weeks Locked
- All-Inclusive Rents: Utilities, Internet & Cleaning per Bed and the Margin Left Locked
- Turnover: Make-Ready Cost per Bed, Days to Re-Let & Annual Turnover Cost Locked
- NOI per Bed & Yield on Cost: Income, Costs, Sensitivity and the Chart Locked