The owner of this 2-bedroom apartment located in central Bedford was losing money every month before hiring us. We won’t just tell you we fixed it, but actually in this serviced accommodation case study show you the steps we took and how we did it.
Property: 2-bedroom apartment, central Bedford
Although this beautiful looking apartment was previously the show apartment and came fully furnished, it was managed by another company. One of the most superior apartments in the town for short term rent, it was losing between £500 – 1,000 every month on running costs.
In a single year, nearly £10,000 was lost, without any set-up costs!
After we helped, the owner is getting consistent profit every month.
Here are the 3 steps we took to improve serviced accommodation bookings: