
After 14 months of renovations, I have finally opened the Golden Mermaid Villa. I had to make a pivot from Solo Senior CoLiving to Short Term Rental for the opening. It took far too long and far too much money to get to this place. So I needed get guest quickly who would paid more money to get cash flow into before I ran out of money.
Given that the place has only one suite with an in room bathroom, all the other 8 bedrooms have shared bathroom, it put be in a budget hotel price range. Given that I didn’t have any reviews, I would have to price on the low end to get the first few guest to book a room here. So I priced it low with the option of amenities package to boost the price.
But I discovered that no ones to pay extra for anything and they think your a jerk if you try to charge more for using the kitchen, washer & dryer, home theater room, jacuzzi, drinks, fruit, bread, e-bikes, game room and a whole lot more. I put a €30 euro charge for everything, which I later removed the e-bike, spa, and fruit and bread and reduced it down to €10 per day per person, but no one when for it.
So after 2 weeks, I decided to up the price by €10 per room and give all the great amenities. It is all the great amenities that makes this a great place to stay and not the normal bedrooms. It’s good that its the busy season, but I would off like to of opened in the spring when it was slower and I could have my villa in order, before the summer rush. Having to make big changes quickly without know if it right is stressful.
Plus Booking.com does allow me to create any of the text to sell the prosperity, it’s all based on a formal they use for all their listing based on certain check boxes you fill. The only input I have the name of the place. So now it’s the Golden Mermaid Villa, Big Home Amenities – Small Hotel Room Price
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The villa now has its own website: GoldenMermaidVilla.com, so that is the best place to book a room here.