We’ll turn your empty units into flexible furnished rentals to meet the demand of a new type of user.
Today’s users want furnished accommodation on flexible terms.
Today’s users want furnished accommodation on flexible terms.
Diversify and increase your revenue
Add millions of dollars to the value of your building
Today’s consumers are looking for alternative accommodation choices.
Although furnished accommodation is a newer trend in the US, it is already the norm overseas. In London for example, 82% of rental stock is furnished.
People value convenience and flexibility. No one enjoys renting an empty apartment, moving boxes, buying and then assembling furniture, and committing to a 12-month lease.
When we tour apartment communities, leasing agents tell us that every day prospective residents ask for furnished accommodation.
So we wondered: why not give them what they want?
Lodgeur’s platform markets your vacant units to attract this new audience.
Apartment users are searching for more options
We’ll analyze your building’s potential, perform a site visit, and send a proposal for your review.
Following agreement, we’ll convert your empty units into stylish and comfortable furnished apartments.
We market to vetted renters looking for convenience and flexibility, turning losses into NOI.
In May 2020, Lodgeur converted vacant units in a Greystar-managed class-A community to flexible furnished lodging. We provide to the owners a turnkey service:
Lodgeur has paid over $218,000 to the building’s owner, or $1,784 per apartment each month (vs. $1,219 average effective rent).
No capital contribution was required by the community.
— Gary, a Lodgeur guest
You’re in safe hands:
We understand you work hard to keep your residents happy so that they renew their leases. Nobody should have to experience their neighbors throwing a party (or worse).
Through our Responsible Hospitality Program we avoid the problems created by rogue or amateur short-term operators. Your community manager will always know who is in the building.
NMHC research shows that the majority of long- term tenants are positive or ambivalent to short- term rentals in their community.
Premium pricing
Strict house rules
AI fraud detection
Identity verification
Criminal checks
Custom watchlists
Identity verification
Criminal checks
Custom watchlists
Noise monitoring
Entryway cameras
Tobacco/marijuana sensors
Lodgeur hosts carefully screened business and leisure travelers.
Three-quarters of our guests are in town on business or as part of a relocation for work. People also rent for visits to the Medical Center, to visits friends and family, and to discover Houston.
The majority of our occupancy is guests staying 30 nights or more. These include travel nurses, interns, expats, and digital nomads. While our focus is on these longer stays, allowing shorter stays maximizes occupancy and revenues
Before Covid impacted travel, Lodgeur hosted three times more international guests than the Houston average for Airbnb.
Schedule a call with us, and we’ll analyze your building’s potential, perform a site visit, and send a proposal for your review. We have options that require zero capital to convert your units. We’re a full service manager: give us the keys and we’ll create cash flow.