The process of comparing the performance of a short-term rental property against competitors or industry averages to identify areas for improvement.
Benchmarking
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The process of comparing the performance of a short-term rental property against competitors or industry averages to identify areas for improvement.
A type of sofa that can be converted into a bed, often found in studio apartments or smaller rentals to maximize sleeping…
Meaning ‘sale of services’ in Swedish, this term emphasizes that short-term rental businesses are primarily selling an experience and accommodation service, not…
Having systems in place to address and resolve any issues or problems that may arise during a guest’s stay promptly and efficiently,…
Reviews and ratings provided by guests after their stay at a short-term rental, valuable for hosts to improve their offerings and attract…
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