The use of dynamic pricing tools that adjust rental rates based on factors like demand, seasonality, and competitor pricing.
Glossary Term: Market Analysis
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Dynamic pricing models used by hosts and property managers to adjust rental rates based on factors like demand, seasonality, competitor pricing, and special events.
A metric used to compare the cost of short-term rentals in different locations. This index considers factors like average daily rates, cleaning fees, and additional charges to assess affordability for travelers.