Okay, so its not a very reliable indicator. It might be once in a while under certain conditions, but don't bet the farm on it. A host of reasons it could be "skewd" Got it!
At this point in our design, I don't see a huge difference in room size or ammentiies. So probably not a huge difference in price. We may add more rooms at some point in the future which would indeed have a different price/ammenity structure.
Thanks All!.
A little clarification...
At this point, the design of the four guest rooms are very similar in our proposed new B&B. Therefore, I doubt there would be a difference in our price. This may change. Other local B&B's have been created out of existing historical structures and have considerable differences in room sizes and ammenities, and therefore rates....($10 to $50). The location is Central Oregon, although Lewis & Clark missed us by about 165 miles.
Your comments about knowing your market are intrinsic to the success of this venture. A good portion of the Business Plan will be devoted to this very thing. In fact, I doubt it will ever cease...getting to know and understand your market. Your thoughts and comments are "jewels" to me. Thanks, so much.
.