CASE STUDY 01When the Market
Changes the Strategy
The property was designed to support multiple income streams, with the main house originally intended for room-by-room rental and the independent apartment for mid-term stays. When the market signaled a different opportunity for the main house, the strategy shifted to short-term rental while preserving the apartment’s mid-term strategy.
4
4 Bedrooms
(Main House, Short Term Rental)
3
Bathrooms
(Main House, Short Term Rental)
1
Bedroom
(Independent Apartment, Mid Term Rental)
1
Bathroom
(Independent Apartment, Mid Term Rental)
THE PIVOTThe Market Told
a Different Story
Once the main house entered the market, the room by room rental strategy struggled to gain traction.
Rather than continuing to force the original plan, the entire home was tested as a short term rental.
The response was immediate.
MARKET VALIDATIONA Strategy That
Matched the Demand
Bookings began coming in quickly, revealing demand from work crews, engineers, consultants, medical professionals and groups needing furnished accommodations near the airport.
THE TAKEAWAY