Investing heavily in marketing channels that fail to reach the target audience or generate a positive return on investment, leading to wasted resources and minimal impact.
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A professional designation for individuals who have demonstrated knowledge and expertise in the field of short-term rental management and operations.
Focuses on optimizing listing content, pricing, and guest communication to maximize the conversion rate of inquiries and bookings.
Online platforms where individuals can raise funds from multiple contributors, potentially used for financing short-term rental property purchases or renovations.
Adhering to local regulations and obtaining necessary permits or licenses for operating short-term rentals within a specific jurisdiction.