A tax applied to commercial properties, which may include short-term rentals in certain jurisdictions. Hosts should be aware of their local tax obligations and factor this into their pricing and expenses.
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Providing a guest experience tailored to individual preferences and needs, similar to the personalized service offered by a close acquaintance.
A reservation made directly through a property manager’s own website or booking engine, bypassing third-party platforms like Airbnb or VRBO.
Dividing potential guests into groups based on shared characteristics, such as demographics, travel purpose, or booking behavior, to tailor marketing and services.
The use of pricing strategies that leverage psychological principles to influence guest perception and booking behavior, such as charm pricing or using…