Case Studies

Sample engagements across STR and lodging projects.

Illustrative examples of how Lodging Intelligence Group has evaluated STR and lodging projects — what the client asked, what the market made hard, and how the analysis informed the decision.

Lake-Access Cabin Development
Case 01

Lake-Access Cabin Development

Client question

Four planned 3BR/4BR cabins with direct water access. Automated tools disagreed on revenue by tens of thousands per unit. Was the assumed revenue realistic?

Market challenge

Lake-specific demand is highly localized. Broad market data overstated revenue because it averaged in non-waterfront and lower-quality comps.

Analysis performed
  • Segmented comps by lake access, slip type, bedroom count, and finish level
  • Built seasonality model around peak summer and event weekends
  • Modeled three revenue scenarios with documented assumptions
Output / decision support

Conditional go. Recommended unit mix adjustment and refined amenity strategy. Provided a lender-friendly summary supporting the construction loan conversation.

Discuss a similar project
Urban STR / MTR Building
Case 02

Urban STR / MTR Building

Client question

A sponsor evaluated converting a 30-unit building to a furnished STR + medium-term rental model. Would the income support the underwriting?

Market challenge

Mixed STR / MTR economics, evolving local regulation, and seasonal corporate demand made simple comps unreliable.

Analysis performed
  • Built dual STR / MTR revenue models by unit type
  • Reviewed local regulation, licensing risk, and supply pipeline
  • Stress-tested occupancy and stay-length assumptions
Output / decision support

Adjust. Recommended a hybrid mix favoring MTR on lower floors and STR on premium units, with a more conservative revenue baseline for underwriting.

Discuss a similar project
Boutique Lodging / Glamping Concept
Case 03

Boutique Lodging / Glamping Concept

Client question

A developer planned a 12-unit glamping concept with shared amenities. What ADR and occupancy could the market actually support?

Market challenge

Limited true comps in the immediate market required broader, carefully-adjusted reference set.

Analysis performed
  • Built a national comp library of comparable nature-stay concepts
  • Adjusted for market depth, drive time, and amenity stack
  • Modeled phased opening and ramp-up curve
Output / decision support

Conditional go with phased build. Recommended starting with 6 units to validate demand before committing to the full 12-unit footprint.

Discuss a similar project

Have a project to underwrite?

Share your project details and we'll respond with next steps if it appears to be a fit.

Request a Project Review