Beyond Pricing

Pros

I was quickly able to tune my pricing to both optimize my pricing so that I could increase occupancy, as well as average rate. The integration with AirBNB & VRBO allowed me to quickly adjust, as well as view market conditions to understand how to set my pricing strategy.

Cons

There isn't a way to apply the same parameters to both the AirBNB & VRBO channels. Also, there isn't yet a Booking.com or TripAdvisor channel.

Pros

Managing pricing for my vacation rental sounds like it could be a daunting task when taking into account all the variables that can impact the price; however, Beyond Pricing makes it very easy. I love the fact that you just manage your base price and it adjusts everything from there. I've already made a lot more money using Beyond Pricing to get me the optimal rate than I've spent on the product.

Cons

Figuring out my base price was a bit difficult. I used the Nearby Listings to see what would be a good base price to start with, but I found that the base price it was showing me of other listings resulted in prices that were way too high. I ended up adjusting it down and slowly built it up the price as bookings came in. I also found that the base price that seemed to work well in the popular months was too low for the slower months as they booked up well before 30 days out. The data it gives is really helpful and will help me get the optimal rate for the slower months next year.

Pros

I love the concept behind this company, but unfortunately, for the below reasons, cannot and will not recommend, and hope they either get their act together or stop trading immediately, before messing up other peoples’ livelihoods and hunting down pennies to boot!

Cons

Email based, no support line, caused significant losses to my business due to glitches in their system which completely erased my booking.com accounts and calendars, leading my properties to be 2 days off line and to be unable to accept any reservations whatsoever, with any pending reservations automatically cancelled. No help in the meantime- I had to spend 6 hours on the phone with Booking.com's IT department to try and fix Beyond Pricing's glitch, meanwhile Beyond Pricing merely emailed me copy and paste FAQs that were unrelated and unhelpful, after long delays.

Pros

I really enjoy the ease of use of the property calendars...I can literally go in and adjust rates on 100+ properties in a matter of minutes, something I wasn’t able to do through my PMS interface.

Before using beyond we relied on our personal knowledge of the pricing in our market/season/best months. The first year we turned on beyond we uncovered that the our season (here in scottsdale) still produced great rates for the month of April.

In the past we would really tone down the rates after March (peak season) but once we turned on and trusted beyond our April came in DOUBLE what it had the previous year...this led to an extra 150k in profit for a company our size. Just from that, beyond paid for itself for years to come!

Cons

The only think I want to see in the future is nothing, I think the software has been perfected.

Pros

Beyond Pricing is just that...it's a superior alternative to Airbnb SmartPricing. Beyond Pricing works on the behalf of hosts...not the platform. This productive definitely increased my nightly rate. It integrates pricing from more sources than the OTAs.

Cons

Beyond Pricing continues to improve and they regularly add features. They aren't every market, and some markets are geographically broad. You can set it and forget it with your high season. I've found the pricing then to be very accurate. In the off season I feel like seasonality can be so hyper-local that it doesn't perform quite as well there. They recently added functionality to blanket discount over their predicted price for dates you set...I'm hoping that helps with some of the seasonality issues.