Large-group, experience-driven vacation rentals created from overlooked barns, warehouses, and other commercial structures
Acquire overlooked rural commercial structures and convert them into distinctive short-term-rental destinations that offer memorable, shareable experiences rather than generic accommodation. Compete on uniqueness and guest experience instead of price, focusing on large groups and amenities that are difficult for nearby competitors to copy.
physical B2C Rental / Experience
From Chris Koerner on The Koerner Office Podcast — How to Make Money on Airbnb (Even With $0) at 02:00
Problem: Generic two- to four-bedroom rentals compete heavily on price and have been hurt by the shrinking middle of the vacation-rental market. This model gives groups a destination with enough capacity, amenities, history, and novelty to justify traveling and paying for an experience.
For: Families, reunions, large groups, corporate retreats, youth groups, and other travelers seeking distinctive stays for roughly 20 to 40 people.
Products from this video
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Examples
- Big Sky Barnhouse: 14 of the founder's 15 properties were renovated barns, including former 1800s dairy barns. The flagship was acquired for $775,000, received about $100,000 to $125,000 in post-closing capital expenditures, generated about $75,000 to $80,000 in bookings before opening, reached $200,000 in bookings 45 days out from launch, and reached $300,000 in bookings three months out from launch.
Other takes on Experiential venues and hospitality
- Revive outdated driving ranges by acquiring underperforming facilities, upgrading the customer experience, and operating them as welcoming, membership-driven golf venues.
- Private golf simulator membership facility
- Chocolate-covered potato-chip stand
- Luxury picnic experience business
- Calisthenics showdown promoted like a rap battle and UFC event
- Premium presentation hot-chocolate stand