5 Powerful Ways the Endowment Effect Impacts Vacation Rentals—and What Hosts Can Do About It
Imagine a guest arriving at your vacation rental, opening the door, and acting like the space is theirs—folding the sofa throw just right, opening the pantry and putting away snacks like they live there, and maybe even rearranging cushions. That sense of “mine” isn’t just imagination. It’s the cognitive bias known as the Endowment Effect, […]
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