11/14/2023 0 Comments Post beyond pricingOnce you approve them (or modify them), they will be reflected in your calendar on your Lodgify account. After synchronizing your accounts, the tool will review your prices and issue the necessary adjustment recommendations. Their dynamic pricing software connects directly to our property management system. How does the integration between Lodgify and Beyond work? Their data-driven tool automatically adjusts prices to maximize revenue and occupancy. What is Beyond?īeyond is a powerful, dynamic pricing and revenue management software solution for short-term rental property managers and owners. Smart pricing allows you to better fill the gaps between reservations, as well as achieve longer stays by using dynamic minimum stay techniques. Those additional bookings result in higher occupancy – on average 12% more – and translate into higher revenue in the long run! Maximize occupancy and lengths of stay It means you can respond quickly to changes, but you can also use it to fill ‘orphan’ nights in between stays with lower prices. This ensures your rental is always listed at exactly the right price – charging more when there is greater demand and less when demand is low. Beyond’s dynamic pricing tool automatically adjusts your listings in real-time, reacting to the price guidelines you’ve provided, but also to daily changes in supply and demand. If your prices are static, there will be times when you leave money on the table. The tool will do the pricing for you, saving you time and letting you get on with more important tasks. Lodgify’s integration with Beyond takes the guesswork out of pricing with their dynamic pricing algorithm. Working out the best prices at the right times can be a major headache for vacation rental owners. ![]() If your rates are too high, you risk losing out on bookings but if your prices are too low, you’ll minimize profits in the long run. Price is a big deciding factor for guests looking for accommodation and setting a competitive price within your market is vital. What are the benefits of dynamic pricing? Take the guesswork out of pricing Find out why your vacation rental needs dynamic pricing in this post. It helps you manage your revenue by automating flexible prices for your rental based on real industry data. Start using Beyond from your Lodgify account today What is dynamic pricing?ĭynamic pricing uses algorithms to calculate and adjust prices in real-time.
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