Input Needed: Studio vs. 1-Bedroom Suite Preferences

[Farah148]

Hi Everyone,

I’m seeking your input on a decision I’m currently making regarding the pricing of a 1-bedroom suite.

If all other factors were equal, would you have a strong preference for a 1-bedroom suite over a studio? Additionally, what percentage more would you be willing to pay for a 1-bedroom suite compared to a studio?

Looking for any insight that will help me determine whether I should filter out studios when pricing my 1-bedroom suite. Any advice or feedback you can provide would be greatly appreciated!

[Marie8425]

@Farah148 

A Studio as opposed to an en suite has a different level of privacy expectation.  Some guests have a higher regard for privacy other guests are comfortable that you aren't interested in their section of your house.  When pricing it is nor just about accommodation the priority is market interest.

Rather than a studio compared to an en suite I would look at room rentals in a shared environment and then what encouragement and what pricing you could offer in the market where you are an upgrade 

[Farah148]

@Marie8425 Thanks!  Sorry, I think the wording on my post caused confusion.  Mean’t studio apartment vs. 1 bedroom apartment.  Do you know how I can delete post, and re-post?

[Farah148]

Edit to above:  Mean’t studio apartment vs 1 bedroom apartment.

[Marie8425]

@Farah148 

Sorry yes I misunderstood lol.  I don't know how to delete but I know I have seen mentions of titles revised. @Paula