Check out the other B&Bs and hotels. Compare what you give in amenities to what they give and figure it out from there. That's what I did. But I don't quite have the nerve to charge what some of my neighbors do.
RIki.
Riki, when you get your 3rd room open, you might consider bumping it up to what the neighbors charge, while leaving the others as they are now, and see how it goes. You might find people are willing to pay more since it's newer, and with time you could nudge the other two rooms up too.egoodell said:...I don't quite have the nerve to charge what some of my neighbors do.
RIki
Check out the other B&Bs and hotels. Compare what you give in amenities to what they give and figure it out from there. That's what I did. But I don't quite have the nerve to charge what some of my neighbors do.
RIki.Riki, when you get your 3rd room open, you might consider bumping it up to what the neighbors charge, while leaving the others as they are now, and see how it goes. You might find people are willing to pay more since it's newer, and with time you could nudge the other two rooms up too.egoodell said:...I don't quite have the nerve to charge what some of my neighbors do.
RIki
.
Nope what they charge is obscene. They are a "five star hotel" and a "five star country inn" some charging over $3-- = $400 a night. I already am one of the highest rates for B&Bs and on weekends they automatically are on the wine tours. I don't see charging them over $275 a night. The neighbors are attracting people I do not want.Arkansawyer said:Riki, when you get your 3rd room open, you might consider bumping it up to what the neighbors charge, while leaving the others as they are now, and see how it goes. You might find people are willing to pay more since it's newer, and with time you could nudge the other two rooms up too.egoodell said:...I don't quite have the nerve to charge what some of my neighbors do.
RIki
You have to do a market survey of accommodations in your area and compare amenities and value..
I agree.Samster said:You have to do a market survey of accommodations in your area and compare amenities and value.
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