Insight
A useful comparison framework looks at the market from multiple angles: physical, qualitative, performance, and strategic.
This article emphasizes the importance of carefully defining your market when comparing your short-term rental performance. Instead of relying on a generic 'market' benchmark, hosts should create multiple market views based on factors like location, quality, and performance to make informed pricing and strategy decisions.
A useful comparison framework looks at the market from multiple angles: physical, qualitative, performance, and strategic.