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\u201c100% of our properties were booked for the inauguration. Starting early Wednesday morning when the election was called for Trump. Over the next 24 hours, 57% of Inauguration reservations cancelled, indicating prior optimism over the chances of a Harris Win exceeded the vote tally. That 57% compares to Harris\u2019 49.5% (Associated Press) share of the popular vote,\u201d according to Great Dwellings\u2019 President, Jon Rosen<\/p>\n
\u201cSince then, more than a third of the cancelled reservations have already re-booked, by Trump supporters excited to witness the event on January 20. We expect to quickly book full for Inauguration.\u201d<\/p>\n
Each Inauguration year, the company’s short-term rentals book full for the event. Many that book short term rentals are often groups of two or more, looking for both a place to stay and to celebrate. Nightly rates are 3x or higher the rates of those same dates in non-Inauguration years. Reservations are made by supporters of both major candidates; betting theirs will win and hoping to watch the ceremony and celebrate. A smaller few wish to see the historic event regardless of the winning candidate. When the number of bookings\/cancellations reflect different numbers than the polls, we attribute that to a difference in confidence levels, or a feeling of greater historical significance attributed to one candidate versus the other.
(Note: All occupancy and related statistics are attributed to Great Dwellings’ company data)<\/p>\n
About Great Dwellings
Great Dwellings is Washington, DC\u2019s premier Short Term Rental property management firm. The company manages single and multi-family properties in Washington, nearby Maryland and Virginia with others around the nation. The company also manages short term villas, homes and condominiums in Mexico. They deliver full-service management services from marketing and guest acquisition to 24\/7 customer service, property maintenance and upkeep.<\/p>\n<\/div>\n