A potential tax benefit for short-term rental owners, allowing them to deduct mortgage interest paid on properties used for rental purposes, subject to specific IRS regulations.
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The process of dividing a target market into smaller, more defined groups based on shared characteristics like demographics, travel purpose, or booking…
A pricing strategy where rental rates fluctuate based on real-time market demand, seasonality, special events, and competitor pricing. Algorithms analyze data to…
This psychological principle, where higher expectations lead to increased performance, can be applied to STR guest interactions. Treating guests with high expectations…
Creating pre-written messages for common guest inquiries and communication points to ensure consistent, professional, and efficient communication throughout the guest journey.