The different pricing models used by short-term rental platforms like Airbnb and VRBO for charging hosts fees for using their services, often calculated as a percentage of booking value.
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Glossary Term: Pricing Model
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A mutually agreed-upon framework between property owners and co-hosts or property managers that determines the rental rates, fees, and any revenue sharing arrangements for a short-term rental.
A pricing model used by some property management companies where they charge a percentage of the rental income as their fee. Also known as a commission-based model.