Low Development Costs, High ADRs and Incredible Valuations

Written by: Jay Bhakta

Glamping has taken the hospitality industry by storm over the last few years with developments occurring overnight. These remote-style stays became especially popular over the course of the Covid pandemic, as they offered the distanced retreat and vacation getaway that many craved after lockdowns. Due to the lack of physical structures required, development is rapid and far less costly. However, with the unique service proposition provided, glamping properties are able to charge high ADRs. And, as these properties are valued based on the income approach, their valuations are derived from their cash flow — resulting in incredible returns.

With varying startup costs through different business models, these high returns can be further extended. By making decisions such as buying or leasing land, startup costs can be further mitigated, allowing for a low barrier of entry for new competition to join. With the growth in popularity of

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9 Incredible Things to Do in Badlands National Park South Dakota

What to Know Before You Go

Is the Badlands worth seeing?

Contrary to its name, the Badlands are beautiful! The area was originally named mako sica or bad lands by the Lakota people because of its rocky terrain, extreme temperatures, and lack of water. Today, it’s a great place to recreate, take in the landscape, and see wildlife.

What is the Badlands best known for?

Seventy-five million years ago, Badlands National Park looked very different. It was a shallow sea instead of the rock formations you see today. The sea eventually dried up, leaving behind one of the world’s richest fossil beds. It is also home to many species today, including bison and prairie dogs.

Badlands was featured in a bunch of movies from the 90s like Armageddon, Starship Troopers, Dances with Wolves, and more recently, Nomadland. Have you seen all of these? If you love visiting filming locations, it’s

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