Beyond

Price smarter, not harder with Beyond

Freemium

Description

Beyond is a revenue management platform designed to help short-term rental (STR) businesses optimize their earnings and growth. Since pioneering dynamic pricing for the STR market in 2013, the system leverages advanced analysis of real-time, global short-term rental data to inform and automate actions for various hospitality businesses. It provides solutions to grow listings through market insights, increase booking value via its AI-driven dynamic pricing algorithm, and enhance profit margins by optimizing booking engines and payment processing.

The platform analyzes billions of data points daily, incorporating real-time consumer demand, seasonality, local events, and day-of-the-week trends to competitively price listings. By connecting seamlessly with major booking platforms and property management systems, Beyond aims to increase client revenue significantly, automate pricing adjustments, and provide actionable intelligence for better business decisions. It offers tools for both individual hosts and larger property management companies to manage their portfolios effectively.

Key Features

Dynamic Pricing: AI-driven algorithm analyzes seasonality, search demand, local demand, and day-of-the-week factors to optimize rates.
Market Intelligence: Provides real-time market data, including competitor pricing and occupancy rates, to inform strategy.
Search-Powered Pricing: Utilizes guest search data to identify demand trends and adjust prices proactively for future bookings.
Portfolio Management Tools: Features Grid Views and Bulk Actions for efficient management of multiple listings, including updates to base prices, minimum stays, and discounts.
PMS and Booking Platform Integration: Connects seamlessly with various property management systems and booking platforms.
Custom Reporting: Offers advanced data and custom reporting capabilities for in-depth performance analysis.

Use Cases

Maximizing revenue for short-term rental properties.
Optimizing nightly rates based on real-time demand.
Increasing occupancy rates for vacation rentals.
Gaining competitive insights into local rental markets.
Automating pricing adjustments to save time for property managers.
Improving profit margins for STR businesses.
Supporting data-driven decisions for listing acquisition and retention.

Frequently Asked Questions

How is dynamic pricing different than static pricing?

Dynamic pricing adapts to market demand in real-time by automatically adjusting listing prices based on historical and current data. This approach helps maximize revenue and occupancy, unlike static pricing, which can result in missed revenue opportunities or overly high vacancy rates.

Why do you charge a dynamic fee for pricing services?

The dynamic fee structure aligns the tool's success with the customer's success, meaning payment for the dynamic pricing tool is only due when actual bookings are made. This model emphasizes long-term partnership with no up-front or onboarding fees for this service.

How do you pick which cities to launch for your pricing services?

Each market is evaluated individually. A dedicated revenue management team launches new markets and proactively manages the pricing algorithm based on specific local changes in supply and demand, leveraging data from numerous listings and cities globally.