Highland Lodging Study
Why Renovate?
Vacation rental units in excellent condition average $16,627 more revenue annually than units that are in fair to poor condition.
Renovation Increases Annual Income
A well maintained property can add an additional $16K* per year in earnings. This figure is based on a renovation investment of $25K-$35K. An owner can expect to recoup the investment in about 24 months. Individual results may vary.