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.
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Glossary Term: Market Analysis
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The use of dynamic pricing tools that adjust rental rates based on factors like demand, seasonality, and competitor pricing.
Dynamic pricing models used by hosts and property managers to adjust rental rates based on factors like demand, seasonality, competitor pricing, and special events.