The $300 hotel room is exactly why STR operators in the right markets keep printing — guests get a full kitchen, living room, and washer/dryer for the same nightly rate or less. The value gap is obvious. Where operators get squeezed is in markets that are supply-saturated and competing purely on price. Market selection is everything.
“The middle didn’t fail because of pricing. It failed because it lost its reason to exist.”
The $300 hotel room is exactly why STR operators in the right markets keep printing — guests get a full kitchen, living room, and washer/dryer for the same nightly rate or less. The value gap is obvious. Where operators get squeezed is in markets that are supply-saturated and competing purely on price. Market selection is everything.
The last time an up to date W charged $300 a night was 2019
OPs point still stands, but Marriotts aren’t priced above competitors by accident