Hosty helped raise Roger’s annualized cap rates by 100% in a manner of two months. Each property is on pace to earn $105,000 each in gross revenues, and the properties are garnering major interest from potential buyers at a higher price than the traditional rental model would have allotted.
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!
