![]() ![]() 85% is perfect IMO because it gives you a few days a year to get major work done like an annual carpet cleaning, painting touch ups dropping off supplies and whatever elseĮxtensive stats available on your listings i.e. Every year my revenue has increased and Occupancy has been 80-86% (I’ve been told 85% is exactly where you want to be, if you’re 90-100% you are discounting your rates too much. I’ve followed their formula pretty much, and its worked great for me. Make sure you take time to read how their model works, why it works, and how to make it work for you before you start! They have a formula which explains you are priced ideally if you are 50% booked 30 days out, and 32% booked 90 days out. I frequently tweak both figures based on how booked I am 30 days and 90 days out. competition, occupancy.Īll you have to do is set a Base Price and minimum price, which can also be customized by season, etc. Numerous statistic tracking of best bookings, how you do vs. But surcharging rates is great, especially for people booking for peak season far in advance. Because those dates will get booked as the date nears and some people actually pay the premium and don’t even realize they are overpaying. Highly customizable discounting and surcharging (love surcharging) for example I’ll surcharge +30% on dates 4 months or further out. Simple linking of Airbnb account, all listings import separately with just your login information, no need to even sync your ical links over. But functionality has never missed a beat.ĪNYTHING is better than Airbnb’s pricing automation.īoost SEO with their mico daily changing of prices by a few dollars, making it look like you are an extremely active host on your Airbnb account Not sure why someone said their website doesn’t function properly or won’t load(?) I’ve only seen very minor visual hiccups recently when they updated their dashboard aesthetics. I’ve used them for I think 3 years now and definitely recommend them. Hope this helps and feel free to message me with any other questions you have on the services!ĭynamic Pricing is interchangeable with “Beyond Pricing” I’ve always referred to them as Beyond Pricing. Whether you believe that or not is up to you, but I’ve always been on page one of results since using either of the services so it’s a worthy investment for me for a modest $20-$30/mo subscription, which I could easily pay for in a single weekend booking at market rate pricing. ![]() Perhaps even more valuable, BP/PL also offer ways of boosting placement by making micro-changes in daily pricing, which they claim bumps up your listing in AirBnB/HomeAway/etc’s search results because it serves as a marker of a continually updated/active host listing. That’s largely because each of these tools offer much greater control in setting a base price, holiday pricing, etc than I have with AirBnB’s blanket and below market smart pricing. Higher occupancy at lower rates = greater wear and tear on my property than pursuing the higher nightly rates that I can tweak through tools like BP/PL. In most instances prices are at least $100 below what I know I can get in my market. I’ve used both PriceLabs (PL) and BeyondPricing (BP) since I started in short term rentals because AirBnB’s own “smart pricing” is not aligned to my interests in maximizing per night rates, as much as it is aligned to AirBnB’s corporate interests in undercutting area hotels. BeyondPricing, PriceLabs, and others are 3rd party services that integrate with AirBnB, HomeAway,, etc listings, monitor market demand in real-time, and adjust prices on your listings/platforms up/down on (generally) a daily basis. Hi in short: different names, similar service. ![]()
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