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rosebud
Joined: 14 Mar 2012
Posts: 38
Location: Steyning, West Sussex
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 Posted: Fri Mar 16, 2012 4:33 pm Post subject: Pricing for 2 bedrooms sleeping 3 |
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I have been letting though a local agency for the last year. It let for 20 weeks - roughly 1/3 of those weeks were let to 2 single people or more unusually to 3 people. So most of my bookings were for couples.
The agency priced my cottage between their normal price range for 2 and for 4 people. This appears to make sense but I wonder if my place should be priced for 2. It also is a bit of a squeeze fitting 3 round my dining table. |
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KathyG
Joined: 28 Jan 2006
Posts: 2422
Location: Le Faou, Brittany
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| Posted: Fri Mar 16, 2012 5:04 pm Post subject: |
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If you're selling 20 weeks at the higher price then that's good going so I wouldn't drop to the '2 person' rate. 
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Kathy
Waterfront location in Le Faou
"My goal in life is to become as wonderful as my dog thinks I am." |
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charles cawley
Joined: 21 Sep 2010
Posts: 548
Location: Herefordshire, Shropshire, Borders
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| Posted: Fri Mar 16, 2012 5:17 pm Post subject: |
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The niche for couples is strong.
The niche for three is very weak.
We tend to advise pricing 'occupy three' at 'occupy two' rates. This ensures that both niches fill the cottage. But it depends on the market.
If you are doing well in peak periods.. there's no reason to cut the rate.. but to get more in the shoulder months, it might be worth considering reducing the rate to 'occupy two' to gain an increase in occupancy which, hopefully, should more than pay for the cut in rate.
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Something radical about the cottage business:
http://countrylets.blogspot.co.uk
Helpful info:
http://www.countryholidaylets.co.uk/about-us/landlords-homeowners-info-pack |
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