Case Study
Revitalizing History: How Wyo Stays Boosted Occupancy Rates, Revenue & Potential at 438 W Burkitt
100% Increase in Revenue in <6 Months
IMPORTANT: EARNINGS AND INCOME DISCLAIMER
All testimonials on this page are from real clients. The results you see on this page are not typical. Their experiences do not guarantee similar results. Individual results may vary based on your skills, experience, motivation, as well as other unforeseen factors. The Company has yet to perform studies of the results of its typical clients. Your results may vary.
360+
Stress-free check-ins
$5,000+
AMRR
200%
Higher MRR Over Competitors
33%
Higher Occupancy Than Competitor
How We Transformed The Bighorn Homestead, (438 W Burkitt St. Sheridan) From Below Market Average <$2k MRR to $5,000+ Average Monthly Recurring Revenue, Over 100% Increase in Revenue in <6 Months and continued on for 3 years to provide over 360+ successful stress-free check-ins!
"Im impressed, for an older home with what would appear to be average potential, Wyo Stays has not only doubled what this property was doing, but added immense value to its market value as well!" – Short-Term Rental Market Analyst
The Challenge:
438 W Burkitt St. Sheridan, Wyoming, was sitting on a goldmine of potential and was already operating as a short term rental. With a below market occupancy and ADR, and room for improvement, Wyo Stays saw potential and got to work! - Now known as, The Big Horn Homestead & The Cowboy Retreat.
Our Solution:
Wyo Stays took on the challenge with a comprehensive strategy that combined our expertise in real estate and property management. Within the first 6 months, we achieved:
- 68% Occupancy Rate: A significant jump from where it was at, breathing life back into the home.
- Strategy Listing Strategy:
A chess move if you will, maximizing the potential. Resulting in 100% growth for the owners.
- $5k+ Monthly Recurring Revenue (MRR): Wyo Stays removed the ceiling this property had and set it targets on long-term success. Reinvesting into the success of this property for the owner month over month.
The Results:
By the 6 month mark, we had:
- A Machine: A full house of guests, implementing strategic marketing and listing strategies, this home was reaching heights it had not seen prior to Wyo Stays.
- $5k+ AMRR Thereafter: it was consistently 200% higher than the area's average, proving the sustainability of our efforts.
Why This Matters:
This isn't just about filling up rooms; it's about fostering connections, providing experiences, revitalizing a piece of Wyoming's history through older homes... and of course, turning it into a profitable venture. We didn't just meet expectations; we exceeded them, and we can do the same for you.
Don't let your property's potential go to waste. Contact Wyo Stays today and let us transform your real estate challenges into revenue-generating opportunities.
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Rediscovering Connection with Wyo Stays
In a world where the pace of life accelerates daily, the craving for authentic, grounding experiences becomes more pronounced. Enter the Big Horn Homestead, The Wild West Loft, & The Cowboy Retreat, a vintage, cozy beacon of tranquility and family-style warmth, previously managed with care by Wyo Stays and nestled in the vibrant heart of Sheridan, Wyoming. This property was not just a place to stay; it was a bridge to the past and a gateway to meaningful connections, embodying the essence of a genuine Wyoming retreat.
The Big Horn Homestead Experience:
The Big Horn Homestead, with its dual units featuring 3 1/2 bedrooms, 2 bathrooms, and 2 living rooms on the main level, plus an additional bedroom and living room on the upper level, offered a unique blend of communal and private spaces, ideal for families and friends seeking both togetherness and solitude. The recent renovations, including new flooring and a beautifully updated bathroom in the basement, elevate the homestead's comfort without detracting from its historical charm.
Just three blocks from the bustling center of downtown Sheridan, the Homestead offered unparalleled access to local culture, dining, and entertainment, yet promised a serene escape with its private outdoor patio and large front porch equipped with rocking chairs—perfect for soaking in the tranquil evenings of Wyoming.
Reviving Community and Connection:
Much like the transformation witnessed at The Wagon Box, The Shire Valley Cabins, The Western, and more, the Big Horn Homestead served as another testament to Wyo Stays' commitment to fostering spaces that revive the essence of community and genuine interaction. In an era marked by fleeting connections, the Homestead stands as a sanctuary where guests can slow down, engage deeply, and create memories that resonate long after their departure.
A Case Study in Excellence:
Under the stewardship of Wyo Stays, the Big Horn Homestead flourished, showcasing the potential of thoughtful property management.
The Impact:
The Big Horn Homestead's success story extends beyond occupancy rates and a 100%+ revenue boost; it's a vivid illustration of how a property can become more than just a place to stay—it can transform into a hub of genuine human connection. Through strategic marketing, meticulous care, and a focus on guest experience, Wyo Stays has propelled the Homestead at 438 W Burkitt into a category of its own, setting a new benchmark for what a vacation rental can and should be.
As we continue to write the chapters of this case study, the Big Horn Homestead stands as a shining example of Wyo Stays' vision: to offer more than just accommodations, but to provide experiences that reconnect guests with the core values of community, history, and the simple joys of life. Join us at the Big Horn Homestead, and discover the difference a stay can make—not just in your travels, but in your life.
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