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+--- Thread: Orlando Market (/showthread.php?tid=7)
Orlando Market - floridaman - 03-12-2024
We have a property in Orlando which is located closer to Disney. I’m having to significantly lower our nightly rates to barely achieve 30% occupancy for the ones near Disney. Am I the only one getting screwed by the algorithm or are you all seeing it as well? I know Disney’s traffic is down YoY but could other factors also be playing a role? I’m seeing a lot more “Payment Issue” reservations where the customer is struggling to pay. What are others in the Orlando area seeing??
RE: Orlando Market - legaleagle - 03-14-2024
nightly rates have been going down for some time now. We can thank all the greedy people who snatched up multiple homes during COVID and oversaturated the market.