Boost your NOI.

We’ll turn your empty units into flexible furnished rentals to meet the demand of a new type of resident.

Make multifamily hospitality part of your revenue management strategy.

Attract residents

Today’s renters want furnished accommodation on flexible terms.

Reduce vacancies

Today’s renters want furnished accommodation on flexible terms.

Increase NOI

Diversify and increase your revenue

Increase value

Add millions of dollars to the value of your building

Looking for new renters?

Rising demand for flexible lodging

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 renters are searching for more options

How we turn your empty apartments into cash flow in three steps:

1. Schedule a call.

We’ll analyze your building’s potential, perform a site visit, and send a proposal for your review.

2. Convert units.

Following agreement, we’ll convert your empty units into stylish and comfortable furnished apartments.

3. Get new renters.

We market to vetted renters looking for convenience and flexibility, turning losses into NOI.

Case study:

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:

  • Design, installation, and photography
  • Online distribution and marketing
  • Pricing and revenue management
  • Customer service and guest screening

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.

146% of market rent

“The place was absolutely stunning and in a perfect location. The customer service is phenomenal and checking in and out is super smooth. Would highly recommend”

— Gary, a Lodgeur guest

Lodgeur’s Responsible Hospitality Program.

We’ll take care of your community.

You’re in safe hands:

  • #1 rated short-term rental brand in Houston
  • 50,000+ nights booked
  • 7,000+ users

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.

Our four step process keeps communities quiet and safe:

1. Deter

Premium pricing
Strict house rules
AI fraud detection

2. Screen

Identity verification
Criminal checks
Custom watchlists

3. Secure

Identity verification
Criminal checks
Custom watchlists

4. Monitor

Noise monitoring
Entryway cameras
Tobacco/marijuana sensors

Who rents our furnished apartments?

Lodgeur hosts carefully screened business and leisure travelers.

75% Professionals.

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.

75% Extended stays.

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

30% International.

Before Covid impacted travel, Lodgeur hosted three times more international guests than the Houston average for Airbnb.

Partners and memberships.

Schedule a call.

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.

Multifamily Hospitality Blog

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