A few thoughts: Owners with repeat tenants who kept their price increases to a minimum are experiencing a solid rental season.
Property owners new to the rental market (or those with weeks not rented by January or February) have felt the shift in our market the most.
Adding amenities (that are ironically considered the norm in most other vacation rental markets) such as sheets and towels, some paper products, beach tags, beach equipments, etc. definitely helps. Being open to allowing a pet (with references) may also fill un-rented weeks.
The Jersey Shore rental environment has been slow to evolve. Look how long it took for change over cleaning to be included in the rent!
Yet we have to keep up with tenant expectations, and provide good value, in order to be competitive with other high end travel destinations.
As an island native, I have a “lifetime of experience” on Seven Mile Beach. And I appreciate the opportunity to help with all aspects of your seashore real estate needs.
As a lifelong area resident, I completely understand the attachment to time-honored shore businesses.
I have wonderful memories linked to specific (mostly food!) establishments in Avalon and Stone Harbor.
In many cases, the original owners have passed on their responsibilities to the next generation. And those “children” may now be at the stage of their lives planning for retirement.
Running a seasonal business is challenging, and I’m sure it’s a difficult decision for owners to cash out.
Our favorite spots will eventually be replaced. And our children and grandchildren will carry the memories of the new places with them into the future.
Instead of lamenting about the “good old days” as we note the inevitable changes around town, we can look forward to new experiences to shake up our routine!