Hello!! We are working on our business plan...(we´re still negotiating and awaiting bank evaluation of property...and are attempting to be optomistic!!)
we are wondering how other owners have come up with their B&B room rates...did you compare to the other inns in the area??? I guess, this would make the most sense...but after goggling about 15 inns in the area the prices range from 35€/night to 250.~night. We visited the high end one and one of the lower priced ones and there was not much difference. On the countrary the inn charging 75.-€ was nicer, brighter and cleaner and in similar locations... ...any tips??? thanks!!! regards, aasta
room rates
When we were buying our house we stayed in a variety of bbs around here, including 2 small hotels. We then based our price on similar places offering similar facilities and added a few euros on.
We added on 5 euros because, a, we didnt want to increase the prices after one year, and b, because we didnt want to be the cheapest in the area,
Since then we have only increased the price of 2 of the rooms to bring a more level and easier structure. We have also detailed out the price for extra beds, childrens meals etc so although we dont publish them we are now consistent and dont make it up as we go along !
We added on 5 euros because, a, we didnt want to increase the prices after one year, and b, because we didnt want to be the cheapest in the area,
Since then we have only increased the price of 2 of the rooms to bring a more level and easier structure. We have also detailed out the price for extra beds, childrens meals etc so although we dont publish them we are now consistent and dont make it up as we go along !
If you go too cheap it can put customers off if you go OTT you will get the same results.
If you go middle you may end up getting lost in the crowd. It is best to offer something different to stand out.
In the end you have to go with what you are comfortable with.
If you go middle you may end up getting lost in the crowd. It is best to offer something different to stand out.
In the end you have to go with what you are comfortable with.
Never try to out-stubborn your guests.
I cant wait to see your place...it sounds exciting.aasta wrote:thanks for all your advise...looked at all of your websites and am impressed...we are currently working on our website...and are in final phases of negotiations ...so we hope all will work out...regards, aasta
Never try to out-stubborn your guests.