Short term let resources

[ivan j 10]

Can anyone recommend resources for researching the short term let market?

I am looking to buy a place in London and it would be great to understand

- achieved prices (rather than just listed prices)

- actual occupancy rates

 

I am speaking to a number of agents, but wondered if I'm missing any other resources. 

Thanks!

 

 

 

[sam_hawkins 1]

Hi there,

I believe that either AirBnb or Booking.com has this feature to calculate the average occupancy rate but you have to take into consideration that London has a 90 day short term let cap so this could affect the average occupancy rate for those listing investment properties on sites like the above as short term stays. Another way to go around this is to possibly look at the occupancy rate of hotels nearby the area your looking to do short term lets.

[ivan j 10]

Thanks Sam - good point on the 90 day rule.