Hosty helped roughly double Roger’s annualized cap rate in the first two months. Each property earned $105,000 in gross revenue in its first year,* and the properties are garnering major interest from potential buyers at a higher price than the traditional rental model would have allotted.
*Based on first-year actuals for an individual client. Results vary by property and are not a guarantee of future performance.
Hosty proposed a change in décor, utilized its understanding of the market to optimize the average daily room rate, and focused on targeted marketing to enhance the occupancy rate. All of this led to a very successful transient booking venture from which these two homes still benefit, and the Hosty partnership continues to shine!
