At Green Bay Rentals, we strive to create a unique rental experience for all our guests whatever their rental needs might be. All of our properties are turn-key furnished properties. Turn key means we provide you a key, and everything else is handled. We provide linens, cookware, utensils, bedding, towels, toiletries, and so much more. We continue to improve each space, focusing on updates that will make the space more functional and inviting. Upgrading bathroom components such as rain shower heads, opening up interior walls to allow more conservation and installing motion sensor switches to help guide the way as guests check-in to a property at night, these are examples of continuous improvements.
Our focus has been and will continue to be, on the guest experience.
Many studies have shown that experiences make us happier than things. About a decade ago, University of Colorado psychology and neuroscience professor Dr. Leaf van Boven decided to unlock the key to happiness.
He surveyed hundreds of people about recent purchases they’d made, classifying these as either “experiential” or “material.” Then he asked about their self-reported happiness levels.
Can you guess what he discovered?
If you want to be happy, spend money on experiences, not things.
A direct snippet from Dr. van Boven’s report:
“Preliminary research suggests three reasons why experiential purchases make people happier than material purchases:
(a) experiences are more open to positive reinterpretation,
(b) experiences are less prone to disadvantageous comparisons, and
(c) experiences are more likely to foster successful social relationships.”
What does all this mean?
First, experiences are subject to nostalgia bias. Memories get rosier over time. When we look back on that trip to Disney World, we don’t remember the long lines, fussy kids, or the dropped ice cream. We remember the highlights, like the smiles on our kids’ faces when they met their favorite characters.
Objects, on the other hand, depreciate over time. They wear out, break down, and the happiness we feel from them fades. We get more joy from looking forward to a purchase (anticipation) than we do from owning it (hedonic adaptation). Once we have an item, it’s easy to take it for granted.
Second, experiences have less of a “keeping up with the Joneses’” effect. Your neighbor’s amazing vacation in Costa Rica didn’t make your epic trip across Argentina less memorable. (Although these days, the Instagram effect might be muddling the line).
Third, experiences help people bond with friends and family and the happiness effect from those relationships is straightforward.