Understanding luxury vacation rental pricing factors can help you make informed decisions and get the most value from your stay. At Penthouse 5B, we believe transparency is key to a premium experience. One major pricing factor is location. Properties in exclusive neighborhoods or with ocean views naturally command higher rates. Seasonality also plays a role expect peak prices during holidays and high tourist seasons. Amenities and services significantly influence cost. Luxury rentals often include private chefs, concierge services, spa facilities, and smart home technology. The more personalized and exclusive the offerings, the higher the rate.