This platform offers automated pricing specifically for Airbnb hosts. Beyond Pricing connects to an Airbnb account and can calculate the optimum room price and therefore increase the potential profit. This is based on weather, vacation rental sales, airline arrivals and other related variables that could affect room rates on any given day.
Users can create an account on the Beyond Pricing website, which they link to their Airbnb profile. The platform analyzes the user's property history as well as the performance of relevant listings in the area to establish a base rate. Users can preview daily pricings before making the decision of whether or not to go ahead with automated pricing.
Currently in beta, Beyond Pricing will eventually charge 1% of each rental.
What's Driving This Trend
- Automated Pricing for Room Rentals
- Beyond Pricing offers a platform that analyzes different variables to determine the optimum room price and increase potential profit for Airbnb hosts.
- Data-driven Vacation Rental Pricing
- Beyond Pricing's use of weather, vacation rental sales, airline arrivals and other related variables to determine room rates presents a disruption to traditional pricing models.
- Integration and Optimization of Airbnb Accounts
- Beyond Pricing's integration with users' Airbnb accounts and ability to consider their property history and relevant listings in the area will lead to greater optimization for hosts.
Who This Affects Most
- Hospitality Industry
- Beyond Pricing's automated pricing platform presents a disruptive innovation that can revolutionize pricing strategies in the hospitality industry.
- Vacation Rental Industry
- Beyond Pricing's use of data-driven factors to determine room rates present a unique opportunity for disruption of traditional pricing models in the vacation rental industry.
- Travel Industry
- Beyond Pricing's integration with users' Airbnb accounts and automated pricing based on airline arrivals presents opportunities for disruption in the travel industry.
